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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.

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

Online system creates export-ready owner manuals

Ken Cook Co. of Milwaukee launched an online system that automates the owner’s manual requirement for exporting pleasure boats to the European Union. BookBuilder allows companies to create, print, ship and deliver export-ready owner manuals. It customizes a detailed manual for each model, including schematics and layouts, and creates brand- and model-specific covers. The manual…more

IBBI awards supplier contract to G&T

Marine vinyl manufacturer G&T Industries was awarded a contract as a preferred supplier for Independent Boat Builders Inc. G&T Industries has a longstanding relationship with IBBI, a purchasing cooperative consisting of builders who have joined together for competitive pricing on boatbuilding products and materials. “We have been doing business with G&T since 1989 as one…more

Genmar getting back into aluminum boats

Genmar is planning to re-enter the aluminum boat market, with plans to have the as-yet-unnamed company up and running in a new factory during the first quarter of 2010. “After carefully assessing and evaluating the aluminum boat market over the past several months, we’ve concluded there is a major need, along with great opportunities, in…more

Brunswick: Olympic Boat purchase moving forward

Brunswick Corp. said this morning that the purchase of certain assets of Olympic Boat Centers was approved by a court as part of Olympic’s Chapter 11 federal bankruptcy proceedings. Brunswick will pay approximately $2 million for certain retail assets of Olympic, including the trade name, goodwill and other intangibles. In addition, Brunswick has arranged to…more

KVH equipping Russian ships for satellite TV

Middletown, R.I.-based KVH Industries is working with Russian shipping company Unicom to equip its fleet with KVH’s TracVision M9 satellite TV antennas. A total of 60 antennas will be installed over the duration of the project, representing the largest single maritime TracVision order in KVH history. “We are excited that the TracVision M9 is proving…more

Jeppesen offers online marketing materials

Jeppesen Marine recently launched a new marketing-image repository to benefit marine electronics dealers and members of the boating press. The online resource contains marketing materials, templates and high-resolution images for both C-Map electronic charts and Nobeltec navigation software. This makes it easier for authorized marine electronics dealers to obtain approved materials to build advertisements and…more

Viking Yachts cuts 70 jobs, cites slowing production

Viking Yachts has eliminated around 70 positions and placed another 75 employees on furlough for two to six weeks, director of communications Peter Frederiksen told Soundings Trade Only. Frederiksen said about 20 administrative posts were eliminated, along with about 50 production jobs. The layoffs have been ongoing at the New Gretna, N.J., boatbuilder. “We’ve had…more

Ferretti completes purchase of Allied Richard Bertram Marine Group

Ferretti S.p.A., parent company of the Ferretti group, completed the acquisition of the assets, brands and ongoing operations of Fort Lauderdale-based Allied Richard Bertram Marine Group. The purchase is valued at about $50 million, the company said in a statement. The newly named Allied Marine Group will continue to specialize in the post-sales, services and…more

MasterCraft, Sea Tow team up for promotion

MasterCraft Boat Company has partnered with Sea Tow to provide a complimentary one-year Gold Card membership to anyone who purchases a 2009 Saltwater Series MasterCraft. MasterCraft introduced its Saltwater Series in 2005 and says it has seen promising growth. “We were the first company to truly recognize that active boaters in coastal markets aspire to…more

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