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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.

102208_jimcress

Nordic Tugs CEO Cress dies at 62

Nordic Tugs Inc. is mourning the passing of president and CEO Jim Cress, who died Oct. 18 from injuries suffered in a motorcycle accident. Born May 13, 1946 in Chicago, Cress joined Nordic Tugs of Burlington, Wash., as a sales manager in 1989. He left the company in 1993 to start SkipperCress Yacht Sales, an…more

Sea Ray plant hits safety milestone

Workers at Sea Ray Boats’ Riverview plant in Knoxville, Tenn., have reached the milestone of 4 million work hours without a lost-time incident. “Safety is no stranger to Sea Ray’s plants. It’s part of who we are and how we build boats,” said Rick Stone, president of Sea Ray, in a statement. “Still, this is…more

Hatteras going with leaner operations

Hatteras Yachts is making changes to its production schedule that call for fewer hours for employees, four-day work weeks, and a two-week plant closing in December, a spokesman for Brunswick Corp. confirmed this morning. The New Bern, N.C.-based boatbuilder usually closes for one week at Christmas but will this year close for two weeks. Hatteras…more

Jeanneau America reports strong sales in Annapolis

Jeanneau America is reporting strong results from the U.S. Sailboat Show, which runs through today in Annapolis. Jeanneau says it has a record number of boats on display, including the 54DS, 50DS, 45DS 42DS, 49i, 44i, 39i, 36i and the new Sun Fast 3200. While sales have been strong across the entire range of boats…more

Bertram offers new warranty

Bertram Yacht is offering a limited warranty that will be extended to two years on manufacturer-built construction and encompasses five years for the yacht’s hull and fiberglass structural components. The new two-year warranty period will apply to all 2009 and future Bertram yachts. The new warranty, under the Bertram Limited Warranty, will cover repairs or…more

Hinckley sheds 49 workers at Maine facility

The Hinckley Co. is not immune to the challenges of today’s economic climate. The boatbuilder last week laid off 49 people at its Trenton, Maine, production facility. The eliminated jobs represent about 9 percent of the company’s work force, which is currently at 580 — half in manufacturing, according to Ed Roberts, vice president of…more

Burger Yacht reporting steady sales

Burger Yacht Sales of Fort Lauderdale appears to be bucking the current market trend, reporting “brisk activity” this summer. Recent brokerage sales include Wimil, a 90-foot Burger launched in 2002; Windscape, a 91-foot Burger launched in 1994; Malahne, a 1937 177-foot Camper & Nicholson; Lady Sarah, a 1998 114-foot Hatteras; and AB-7, a 1976, 105-foot…more

U-Line Corp. picks Donovan Marine for distribution

U-Line Corp. selected a new U.S. distributor, Donovan Marine, to carry U-Line products throughout its 15 locations. “We can better canvas a wider customer and geographic base with the addition of Donovan,” said Brad Williams, U-Line specialty divisions sales manager, in a statement. Headquartered in Harahan, La., Donovan Marine has locations in Connecticut, Florida, Georgia,…more

Honors, awards handed out on final day of IBEX

MIAMI BEACH — The marine industry honored its own this morning, recognizing significant contributions to business, innovative products, and boatbuilders with exceptional customer service practices. The awards were given out this morning at the annual Industry Breakfast at the International BoatBuilders’ Exhibition and Conference, which runs through today at the Miami Beach Convention Center. Paul…more

Beneteau stock drops on 2009 outlook

Beneteau stocks slid as markets reacted to the French boatbuilder’s forecast for the coming year. The Beneteau Group, which builds luxury power- and sailboats and has a U.S. subsidiary in Marion, S.C., says the banking and financial crisis has resulted in a “wait-and-see attitude” among some clients. The company said the rate of orders for…more

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