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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.

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

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

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