NMEA and Electronics

The National Marine Electronics Association is an organization committed to enhancing the technology and safety of electronics used in marine applications and the profitability of its members.

Actuant reports 3Q results

Actuant Corp. reported flat sales of $344 million from continuing operations in its third-quarter results today while noting that results for discontinued operations include those of the electrical segment, which the company recently announced it wants to sell. Actuant said the report for the quarter, which ended May 31, includes a $150 million non-cash, after-tax…more

NMEA conference set for San Diego in September

The National Marine Electronics Association said the 2013 NMEA International Marine Electronics Conference and Expo will be held Sept. 25-28 in San Diego at the Sheraton Hotel and Marina. “Our upcoming NMEA Conference and Expo in San Diego will be the first in many years held adjacent to a large marina,” NMEA executive director Bruce…more

Actuant plans to sell marine businesses

Actuant Corp. CEO Bob Arzbaecher said the group expects to sell its electrical segment as a whole and will look at using the proceeds for future acquisitions and stock buybacks, but emphasized that there was “no huge deal around the corner.” “[It] really comes down to portfolio management,” Arzbaecher said during a conference call Monday…more

Actuant reports 2Q results

Actuant Corp. reported second-quarter sales and earnings at the high end of its guidance ranges. Despite beating estimates, a 12 percent drop in fiscal second-quarter earnings prompted the company to lower its projections for the year. Wisconsin-based Actuant said Wednesday that total sales were $370 million for the quarter that ended Feb. 28, down 2…more

Actuant announces personnel changes

Actuant Electrical, a segment of Actuant Corp., announced two organizational changes within the global marine and mobile business segment. Robert Miller, current BEP Marine site leader in New Zealand, will transition back to the United States in the role of Americas business development manager. “With the aggressive growth plans we are deploying and the rebounding…more

Actuant reports 1Q results

Actuant Corp. announced results for its first quarter, which ended Nov. 30. Total sales declined 4 percent, compared with the prior year, with acquisitions contributing 4 percent, the weaker euro a 1 percent headwind and core sales down 7 percent, the company announced. Diluted earnings were 49 cents a share, a 2 percent reduction from…more

Marine retailer employee gains NMEA certification

Marine electronics retailer The GPS Store announced that another member of its corporate family recently earned two important certificates from the National Marine Electronics Association. Brian Rock, who has been with the Ocean Isle Beach, N.C.-based company for about two years, recently passed courses and required tests to earn his NMEA Marine Electronics Installer Certificate…more

NMEA hands out awards at annual conference

The National Marine Electronics Association handed out its annual awards at the recent 2012 NMEA International Marine Electronics Conference & Expo Fusion Electronics received the Technology Award for the company’s high-performance 700 Marine Stereo Series. Honorable mentions went to Furuno’s NavNet TZTouch multifunction display and SI-TEX’s AIS antenna splitter. Three members of Boating Writers International…more

Actuant adds West Coast sales rep

Actuant Electrical’s marine segment, which includes the Marinco, Mastervolt, Ancor, BEP, Guest and AFI brands, announced the appointment of Richards Marine Marketing as OEM and export sales representation for the West Coast of North America. “Actuant Electrical’s marine segment offers a broad range of power products. It is essential that we have strong, technically oriented,…more

NMEA unveils standards update

The National Marine Electronics Association released a significantly updated version of NMEA 0183, its well-known standard that enables the interfacing of marine electronics. Version 4.10 will improve boating safety and navigation through updates and expansions of electronic communications data “sentences” pertaining to a number of navigation and communications devices, including Galileo satellite receivers and Automatic…more

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