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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.

Cobra Marine chooses newest rep

Cobra Marine tapped Ocean Equipment as its newest representative for California and the neighboring states. The Irvine, Calif.-based representative firm provides a program of sales and marketing, warehousing, technical support and order services. “We chose Ocean Equipment for their thorough knowledge of marine electronics and solid relationships with marine electronics dealers and national retailers,” said…more

Hatteras reduces work force as part of restructuring

Hatteras Yachts laid off 330 employees in the last two days as part of a restructuring prompted by the continuing slump in marine sales. “The restructuring involved a lot of long-term employees,” Hatteras Yachts chairman Bill Naumann told Soundings Trade Only this morning. “It was a painful thing to do.” However, given the current economic…more

Hinckley hopes layoffs will be temporary

Despite the success of its new Picnic Boat, The Hinckley Company announced layoffs at its Trenton, Maine, production facility due to the industry-wide slump in sales. “While the launch of the new Picnic Boat has been the most successful new product launch in the company’s 80-year history, we have seen overall revenues continue to soften…more

Sunseeker launching yacht-management service

A new service designed to offer seamless yacht management to Sunseeker owners will launch this week at the London International Boat Show. Sunseeker Superyacht Management looks after every aspect of the maintenance, operation and administration of a Sunseeker vessel. “It’s also no secret that a properly managed and maintained yacht retains a much higher value…more

Dealers and Distributors

Legendary Marine, with four locations in Florida and Alabama, will take on nine Genmar boat lines in an exclusive relationship from Tallahassee, Fla., west to Gulf Shores, Ala. The certified marine dealership will take on Four Winns, Windsor Craft Yachts, Wellcraft, Scarab, Hydra-Sports, Carver Yachts, Glastron, Seaswirl and Triumph boats as a full line dealer…more

Brunswick shutting down Sea Ray plant

Brunswick Corp. this morning announced plans to “mothball” its Riverview boatbuilding facility near Knoxville, Tenn., which manufactures Sea Ray boats. Production will wind down during the first quarter. Approximately 300 production and support positions will be lost in Riverview, but Brunswick said it will work to transfer as many people as possible to the Knoxville…more

North Carolina investor buys Albemarle

Brunswick Corp. has sold Albemarle Boats to private investor Scott McLaughlin, of Raleigh, N.C. “By selling Albemarle, we will pare redundancies in model offerings among our other offshore boat brands and will further reduce our North American manufacturing footprint, a key strategy moving forward,” Brunswick spokesman Dan Kubera told Soundings Trade Only this morning. Terms…more

BRP, Ranger launch sales promotions

’Tis the season for factory promotions. BRP and Ranger Boats are rolling out special promotions to entice consumers to buy. BRP’s Evinrude 100th Anniversary Sales Event offers consumers a five-year factory-backed warranty and a special low consumer financing program. The promotion is offered in the United States on retail purchases between Jan. 1 and April…more

Huizenga Jr. will speak at Regal luncheon in Miami

H. Wayne Huizenga Jr., chairman of the Rybovich superyacht marina and son of the Miami Dolphins’ owner, will be the featured speaker at Regal Marine’s annual Vision and Values luncheon during the Miami International Boat Show. “We are very excited about bringing in a high-caliber individual like Wayne Huizenga Jr. to share with us his…more

Marine Dynamics names European sales rep

Marine Dynamics, the Lenexa, Kan.-based manufacturer of Sting Ray hydrofoil stabilizers, appointed Global Marine Associates of the United Kingdom for sales representation in Europe. The appointment was made just before the Marine Equipment Trade Show in Amsterdam last month, allowing Marine Dynamics to relay sales inquiries received during the show directly to Global Marine. “We…more

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