LIVE from METS 2019: Day 3
Clearing the Waterways
In Florida, in the aftermath of Hurricane Ian, it was estimated that there were 6,000 derelict boats in southwest part of the state. In most cases, boat owners don’t know resources are available to remove them because until recently there weren’t many.
A Window on the World
Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.
BRP Announces Mexico Production Facility
The $165 million plant will open in early 2025 in Chihuahua and create up to 1,300 jobs while bolstering production capabilities.
C.G. Foundation Announces Scholarships
The program each year awards more than $500,000 to qualifying children of active duty, active duty reserve and retired Coast Guard members.
Propspeed Expands U.S. Sales Team
Josh McGuire and Cole Barone were named regional sales managers for the Northeast and West Coast.
Newport Boat Show Had $26.1M Impact
The September show drew more than 40,000 attendees last year, with boat sales estimated at $35 million to $40 million.
Consumers Feel a Bit Better
A key measure of U.S. consumer confidence rose in December as the economy added 223,000 jobs, the smallest gain in two years. The Conference Board reported that its Consumer Confidence Index rose to 108.3 from 101.4 in November.
How the ABYC Creates Standards
Standards are a full-time mission for the ABYC that goes beyond simply putting out a new supplement every July. As an organization built on a tradition of common-sense and real-world experiences, the ABYC works on standards development year-round with its Project Technical Committees.
Year Three of Five
Fear of an impending exodus, especially with concerns about a looming economic recession, has leaders at the MRAA, the National Marine Manufacturers Association and the Recreational Boating & Fishing Foundation urging the industry to start focusing immediately on improving customer service as the primary way to retain these boaters.