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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.

Citizens Bank opts out of marine lending business

Citizens Bank is exiting its specialized lending broker business, including boats and RVs. “As part of a continuing strategic review of our business lines, it has been determined that this is the appropriate direction for us at this time,” said Brad Conner, vice chairman of consumer finance, in a letter dated today to specialized brokers.…more

Crystal-Pierz will sell off assets at auction

Minnesota-based Crystal-Pierz Marine will hold an online auction next week to liquidate excess inventory and other assets following the closure of several locations. The Midwest dealer announced last month it will close half of its 12 locations because of the soft economy. The company is planning to close stores in the following locations: Rogers, Minn.;…more

Island Pilot to unveil no-emissions yacht at Lauderdale show

Island Pilot LLC of Miami this fall will introduce what the company says is the first no-emissions production motoryacht in America. The Island Pilot DSe Hybrid 12m will debut at the Fort Lauderdale International Boat Show Oct. 30-Nov. 3 . Company president Reuben Trane expects the yacht to be seen as the most economic as well…more

Changing places

OceanLED, a leading manufacturer and designer of LED underwater lighting products, has appointed Michael Grove as international sales manager. Grove is responsible for managing accounts, dealing with distributors and sourcing new business outside the United States and the United Kingdom. His previous experience includes stints as European account manager for Fabrex International Ltd., and sales…more

IMI courses, events available online

Registration for all courses and events offered through the International Marina Institute can now be completed and submitted online. Courses include Intermediate Marina Management, Advanced Marina Management, and the Marine Service Manager’s school — co-produced with the American Boat Builders and Repairers Association. Applications can be accessed at the Association of Marina Industries Web site,…more

Improvements made to DiscoverBoating.com

Recent enhancements to the Discover Boating Lead System should make it more convenient for contributing members to retrieve leads, according to the latest Grow Boating newsletter. The Discover Boating Lead System was originally designed with a four-hour limitation on how often members could retrieve leads through the remote lead export functionality. This limitation was put…more

081908brady

Changing places

Harris Publishing Inc. of Idaho Falls, Idaho, appointed Brady L. Kay editor of Houseboat magazine. He is returning to the position he held from 2002 to 2005. Since 2000, Kay has been involved in the production of Houseboat magazine in one way or another, recently overseeing the magazine from the executive editor position. This move…more

Changing places

Moeller Marine Products of Sparta, Tenn., has named Kit Rehm vice president of sales and marketing. He will report to senior vice president Bob Beagle. Rehm was the aftermarket business manager for Moeller and had responsibility for bringing stability and growth to this business segment. An industry veteran with an extensive sales and marketing background, Rehm…more

Changes coming to St. Pete boat show

Boater’s World will present the St. Petersburg Boat Show and Strictly Sail Dec. 4-7 at Florida’s Mahaffey Theater Yacht Basin and Albert Whitted Park, featuring bigger waterfront and land displays, along with several show additions. Veteran producers Show Management of Fort Lauderdale and Sail America of Middletown, R.I., announced in June the merger of the two…more

Three on Yamaha team receive Coast Guard licenses

Three members of Yamaha Marine Group’s OEM technical support team — Brad Leatherman, Craig Todd and Bill Craft — recently passed the Coast Guard test and are now licensed operators of uninspected passenger vessels in near coastal waters up to 100 miles offshore. This license allows the holder to act as an operator of vessels…more

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