Consumers are demanding increasing sophistication from the boats they buy, reflecting the conveniences and advances they have come to expect in modern automobiles. Marine technology companies are responding, developing smarter and more sophisticated electronics, cleaner, quieter and more powerful engines, and pod drives and joystick systems.

Caterpillar reports 3Q results

Caterpillar Inc. today lowered its 2016 outlook in a “challenged environment,” with third-quarter sales and revenue dropping 16 percent to $9.2 billion from $11 billion in the quarter last year.

MagicEzy adds North American sales rep

MagicEzy, of Australia, appointed CGW Associates to represent the company’s range of do-it-yourself fiberglass repair products in the northeast United States and eastern Canada.

Evinrude awards research fellowships

BRP said Evinrude, in partnership with the University of Wisconsin-Milwaukee’s School of Freshwater Sciences, awarded the first two BRP/Evinrude Water Research Excellence Fellowships.

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