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From factory openings to production milestones to the launch of new boats, the marine industry makes news in numerous ways. Trade Only follows developments wherever they occur.

Midwest dealer closing stores, shedding jobs

Midwest boat dealer Crystal-Pierz Marine is closing half its 12 stores and laying off two-thirds of its employees in reaction to the “softest marine market in more than 40 years.” The Minneapolis-based company announced Friday it will close the stores and lay off about 100 employees. Cuts in the parts and service department were effective…more

Atlantic-Meeco buys majority of Sullivan

Atlantic-Meeco Holdings, the parent company of marina builder Atlantic-Meeco, has acquired a majority interest in Sullivan Flotation Systems. “This is a marriage of two well-run companies with good products and good reputations,” said Paul Durlacher, president and CEO of Atlantic-Meeco, in a statement. “Because both companies are so healthy and well run, there is no…more

Colligo picks Washington-based distributor

Port Townsend Rigging of Port Townsend, Wash., has been selected to distribute Colligo Marine’s Colligo Synthetic Systems standing rigging hardware. Owned by Lisa Vizzini and Dan Kulin, Port Townsend Rigging has been providing custom sailboat rigging services for 13 years. CSS is an easy-to-install, lightweight system that makes it practical to use synthetic line in…more

MRAA says marine fraud is on the rise

In recent months the marine and RV industries have seen a significant increase in fraudulent transactions, according to a recent Dealer Alert from the Marine Retailers Association of America. MRAA says the National Marine Bankers Association has noted several trends and has identified some best practices to avoid additional risk of fraud. In particular, the…more

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Changing places

Southern Boating has brought on Louise Dutton as its newest advertising representative for the Mid-Atlantic and Northeast states. Dutton will cover Southern Boating magazine and Marine Business Journal. Based in Fort Lauderdale, her territory includes Connecticut, Delaware, Washington, D.C., Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. Most recently,…more

Economic numbers dipped in June

Leading economic indicators fell for the second month in June, according to a report released today by The Conference Board. The U.S. leading index decreased 0.1 percent last month. Based on revised data, this index decreased 0.2 percent in May and increased 0.1 percent in April. The weaknesses among its components have remained widespread throughout…more

IYRS raises $660,000 at recent gala

The International Yacht Restoration School raised a record-breaking sum of $660,000 during its summer gala held July 12 at the Newport, R.I., school. The theme of the evening, “A New Launch,” celebrated the joining of IYRS and the Museum of Yachting. “There is a great deal of momentum surrounding IYRS and the Museum … It’s…more

Reichhold names UK sales distributor

Reichhold of Research Triangle Park, N.C., appointed an Azelis company, Brøste U.K., as its distribution partner to serve the United Kingdom market with the exception of sales in Northern Ireland. Reichhold is one of the world’s largest producers of unsaturated polyester resins for the fabrication of composites products and a leading supplier for coating resins.…more

Dometic donates battery to Glacier Society

Dometic Environmental of Pompano Beach, Fla., contributed a Sentry battery charger to The Glacier Society’s whaleboat, the Arctic Gayle. Located in Fort Lauderdale, the boat is being used to train sea cadets. Dometic has contributed a number of products to support The Glacier Society’s mission to restore the 300-foot icebreaker, Glacier, and some of its…more

Confusion surrounds New River Marina auction

Did Allied Richard Bertram Marine Group buy New River Marina at Thursday’s bankruptcy auction for $13.4 million? No one is expected to know for sure until Monday because of an objection to procedure at the auction, which was held on the marina’s property in Fort Lauderdale. “There is a do-over (auction) at 2:30 p.m. on…more

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