Bass Pro Shops and Tracker Marine eliminated 45 jobs companywide last week, spokesman Larry Whiteley confirmed to Soundings Trade Only.
Whitely said the jobs were cut to "consolidate operational activities and more effectively utilize the strengths" of Bass Pro and Tracker.
Michael Medart of Medart Engine and Marine takes the helm as chairman of the National Association of Wholesaler-Distributors board.
Alex Berg will lead the manufacturer’s pleasure craft and yachting segment.
NMMA says new-boat sales are at their highest level in 12 years, with all powerboat segments up 8 to 22 percent.
The British company said it will use the $16.7 million to expand operations and ramp up production of its CXO300 diesel outboard.
Revenues were down 15.1 percent for the 16-month period that ended Dec. 31. A full report is due next month.
