Raymarine, a unit of FLIR Systems Inc., is a maker of recreational marine electronics that include marine radar, multifunction displays, fishfinders and autopilots.

Raymarine tries to shore up its finances

Raymarine says it’s exploring equity fund-raising or a sale of the business, and in the absence of either will seek to secure additional medium-term debt facilities with its banking group. Last month, global sales were “broadly in line” with the expectations, the company said in a statement last week. “In the U.S., sales have remained…more

Raymarine seminars draw sellouts

Raymarine, a leader in marine electronics, says its 2008 Seminar Series, which began in early April, has sold out at the six locations it has visited, with two more stops coming this fall. The Seminar Series is designed for owners of Raymarine’s C-Series and E-Series Multifunction Displays, offering them tips and techniques for optimally using…more

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