Boatbuilders make news in a variety of ways, among them by debuting new models and announcing business expansions or quarterly financial results.

Referendum possible on Rybovich megayacht yard

A citizen task force in Riviera Beach, Fla., submitted 2,500 signed petitions to city officials calling for a referendum on leasing part of the city’s marina to Rybovich for 25 years. “It was a grassroots effort,” chairwoman Emma Bates told The Palm Beach Post newspaper. She said many residents she spoke with during the petition…more

Twin Disc reports 4Q, year-end results

Twin Disc today reported a drop in sales for its fiscal fourth quarter and the 2010 fiscal year, partially because of weakness in the company’s megayacht market. Sales for the quarter were $64.31 million, compared with $72.05 million for the fiscal 2009 fourth quarter. Sales for fiscal 2010, which ended June 30, were $227.5 million,…more

Manitou to waive surcharge for dealers

Manitou Pontoon Boats and GE Capital announced an agreement that will enable Manitou to waive the 2 percent inventory finance surcharge for its Manitou dealer network during the 2011 model year. This will go into effect Monday, the first day of Manitou’s annual dealer meeting. “We are extremely excited to offer this competitive advantage to…more

Frisini Motorsports increases production

Frisini Motorsports said production is in full swing at its Rutherford, N.J.-based facility. Partner/owner John Cunningham, who bought the company in February, said Frisini is producing one boat a week. It was producing about two boats a month after the purchase, he told Soundings Trade Only. “Sales are going great for us,” Cunningham said, noting…more

Rivolta Yachts adds small-craft division

Rivolta Yachts of Sarasota, Fla., is launching a new small-craft division that will manufacture panga-style boats. Renzo Rivolta, division chief and corporate vice president, designed the Mojito line to be “sophisticated and practical.” “We never do anything quite like anyone else,” company founder Piero Rivolta said in a statement. “With the Mojito line, we’ve taken…more

Dr. Shrink holding wrap contest at IBEX

International shrink-wrap supplier Dr. Shrink is holding its inaugural Shrink Off contest Sept. 28-30 at the 2010 International BoatBuilders Exhibition in Louisville, Ky. Taking place at the Kentucky Exposition Center, the Shrink Off will be held daily at noon in the IBEX Outdoor Demonstration Area, located directly outside the main Hall B entrance. To enter,…more

KVH Industries reports 2Q results

KVH Industries today reported a 35 percent increase in revenue for the second quarter ending June 30. Revenue for the quarter was $29.5 million, and $57.5 million for the six months ending June 30, the company reported. For the six-month period, revenue increased 43 percent over the same period in 2009. In the second quarter…more

Teleflex reports 2Q results

Teleflex today announced net revenues for the second quarter ending June 27 increased 5 percent to $461.7 million from $439.2 million in the same period of 2009. Commercial segment revenues in the second quarter of 2010 increased 26 percent to $55.3 million from $44 million in the same period last year. Core revenue growth of…more

Tigé announces wake surfing video contest

Tigé Boats and Wake9.com are teaming up for the MyWake Global WakeSurf Challenge, an online interactive video competition. With mywake.tige.com playing host to the video competition, the site allows all viewers to watch contest video submissions and be part of the judging panel for their favorite surf sessions. Videos will be accepted until Aug. 30.…more

Campion Marine signs deal with electric-boat builder

Campion Marine has started manufacturing boats for Infinyte Marine, the British Columbia-based boatbuilder announced. Infinyte Marine launched its Electric Touring Boat and Electric Utility Boat. “Campion Marine’s green philosophy and environmental stewardship is what initially attracted us,” Infinyte president Shane Green said in a statement. “Add to that a glowing reputation for top quality and…more

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