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

KVH unveils new system, sales promotions

KVH Industries introduced the new TracVision HD7 at the Fort Lauderdale International Boat Show, and is offering several sales promotions that will last through the end of 2009. The offers include discounts, cash back, and free accessories for customers interested in the new TracVision HD7, as well as KVH’s other TracVision satellite TV systems and…more

North Sails featured on The Science Channel tonight

The Science Channel program “How It’s Made” will feature North Sails’ 3DL manufacturing facility in Minden, Nev., tonight at 9 p.m. EDT. The 4-minute, 40-second segment will focus on how the sailmaker manufactures and finishes its 3DL sails. The yarn in these sails is thermo-molded on a full-size mold in the precise curved space it…more

Intrepid Boats says its sales, backlog are steady

Largo, Fla.-based Intrepid Boats reports steady sales and a backlog of $40 million in signed contracts and deposits, which will keep its 250-member work force on the job. Several factors contribute to the company’s stability, according to company president Ken Clinton. Intrepid has no debt, carries no inventory, and is committed to quality, innovation and…more

Teleflex reports 3Q results

Teleflex Inc. today announced an 8 percent overall decline in revenues for the third quarter, which ended Sept. 27. Revenues from continuing operations were $461.5 million, compared to $504 million in the third quarter of 2008. The decline resulted from a decrease in core revenue of 6 percent and an unfavorable currency impact of 2…more

Morris Yachts bringing back laid-off workers

Maine boatbuilder Morris Yachts announced it will be able to rehire laid-off workers thanks to a multimillion-dollar contract. Morris Yachts will bring its employee numbers back to prelayoff levels with the contract, under which it will build Leadership 44 sailboats for the Coast Guard Academy. A company representative could not immediately be reached for comment…more

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Morris Yachts wins Coast Guard contract

Cuyler Morris, president of Morris Yachts, confirmed Thursday that Morris had won the contract over several other respected yards to build four Leadership 44 training vessels. The new 44-foot David Pederick-designed vessels will replace the decades old Luders sailing craft. Morris will begin the construction by the end of this year. Morris was selected over…more

Cobalt recognizes top dealers

More than 200 participants recently attended Cobalt Boats’ two Dealer Days at the company headquarters in Neodesha, Kan. The events were held in two consecutive weeks to accommodate the total number of participants. Dealers got to visit the Cobalt production plant and meet the people that make the boats. Top dealers were also commended for…more

Dometic Marine meets environmental standards

All Cruisair and Marine Air products produced by Dometic Marine in Pompano Beach, Fla., are now fully compliant with the environmental mandates set by Montreal Protocols, the company says. The products, which were R22 and classed as an ozone-depleting substance, now have an alternative refrigerant that meets the standards. The conversion was completed before the…more

KVH reports 3Q results

KVH Industries today reported a 44 percent increase in revenue for the third quarter, which ended Sept. 30. Revenue for the quarter was $22.6 million, while net income for the period was $400,000, or 3 cents per diluted share. During the same period last year, the company reported a net loss of $800,000 or 6…more

KVH honored by Danish business journal

The European division of KVH Industries was ranked the top IT company of 2009 in the hardware category by Børsen, the leading business journal in Denmark. KVH was also recognized as the No. 1 firm in production of IT hardware by Computerworld, a weekly publication that focuses on information technology. Børsen has ranked the Top…more

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