Actuant Corp. says it will report lower-than-expected earnings for the fiscal third quarter due to a recently announced impairment charge, restructuring activities and weaker-than-expected sales. “Current economic conditions have significantly impacted consumer discretionary spending, resulting in a substantial reduction in recreational boating industry sales,” the company said in a statement. “OEM boatbuilders have responded to…more
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.
The National Marine Electronics Association launched a new Web site, offering comprehensive information on NMEA standards, training programs, and other features. In a members-only section of the site, the 550 NMEA member companies can access information to help them build their customer bases and their businesses. A marketing section provides free or low-cost marketing materials…more
Digital Switching Systems will host a series of webinars throughout 2009. The series will begin with an introduction to multiplexing systems, followed by programs devoted to the status of NMEA 2000 and integration with other power control components and displays. Episodes highlighting refit applications, including industrial, hydraulic, over-the-road, off-road and RV markets will also be…more
Cactus Navigation & Communication in the United Kingdom is expanding its global reach with a new sales, service and installation center in the United States, located in Newburyport, Mass. Cactus provides marine electronics sales and service for a variety of brands including Garmin, Furuno, Standard, Icom, Raymarine, Navico, Digital Yacht, Tacktick and ACR, as well…more
Boaters are seeking – and dealers are selling – upgrades with the latest tech Although marine electronics sales are not what they were a few years ago, the refit market is one bright spot in a struggling economy. Many boaters are holding on to their vessels longer and upgrading their electronics, rather than trying to…more
CWR Electronics is expanding its marine audio line with the addition of Fusion Electronics. True Marine, Fusion’s marine audio product line, is designed and engineered specifically for the marine environment. Bayville, N.J.-based CWR Electronics is a full-service distributor of marine, outdoor and consumer recreational products. Click here for the complete release.
Madison, Ala.-based CDI Electronics chose Global Marine Associates to manage and develop its sales in the European market. CDI Electronics is an established manufacturer of QuickStrike Ignition marine ignition components and diagnostic systems, boasting more 900 products for use in a diverse range of marine applications. “We see good potential for growth within Europe for…more
The 2008 National Marine Electronics Association Convention & Expo is set for Oct. 1-4 at the Town and Country Resort Hotel in San Diego. The 2008 NMEA Convention & Expo will be a large event for marine electronics dealers, manufacturers, distributors and other professionals held in North America this year. The NMEA member companies supply…more
Following the success of its first two training courses in Canada this spring, the National Marine Electronics Association is offering a third course next month in Halifax, Nova Scotia. The first two NMEA training courses were held in Toronto and Vancouver, “with great support from the marine industry in these regions,” the NMEA said in…more
The National Marine Electronic Association’s NMEA 2000 Standard for Serial Data Networking of Marine Electronic Devices has been approved by the International Electrotechnical Commission. The IEC prepares and publishes international standards for electrical, electronic and related technologies across a wide range of industries, including marine. The IEC has approved the NMEA 2000 Standard as a…more