MasterCraft CEO Terry McNew rang the closing bell on the Nasdaq on Friday, celebrating the Tennessee-based boatbuilder’s initial public offering.
MasterCraft, founded in 1968, builds ski, wakeboarding and performance boats in Vonore, Tenn. It was bought by MCBC Hydra Boats, a subsidiary of Wayzata Investment Partners, in 2009.
MasterCraft Boat Company, a sportboat manufacturer restructured by Wayzata Partners, announced terms for its initial public offering on Tuesday.
MasterCraft has made Etco Marine in central California a new dealer partner.
MasterCraft Boats and ESPN’s X Games announced a renewed collaboration, providing an entirely new platform to showcase athletes in wakeboarding and waterskiing.
MasterCraft is collaborating with surf brand Hobie to create a line of custom wakesurf boards.
The inland surfing trend has become a global phenomenon and MasterCraft said it continues to deliver the longest and most customizable wave on the market with its introduction of the X23, the latest in the builder’s line of luxury performance boats dedicated to surf.
MasterCraft Boat Co. was named one of 14 finalists in the 2014 IndustryWeek Best Plants competition.
The MasterCraft Boat Co. withdrew its sponsorship of the 2015 Pro Wakeboard Tour season, opting out of the final year of its contract with World Sports and Marketing, the event-marketing firm that activates the tour.
Sportboat manufacturer MasterCraft knows its market well and delivers for it again with the new X20, its first boat designed specifically to create the perfect surf wave.
MasterCraft Boat Co. said it added Brooks and K.C. Wilson to the MasterCraft Pro Waterski Team.