PxPixel
MarineTech Products buys anchor maker - Trade Only Today

MarineTech Products buys anchor maker

Author:
Publish date:

Boating accessory manufacturer MarineTech Products announced the purchase of all assets of King Pin Shallow Water Anchors, maker of the full line of shallow-water anchoring systems.

“We felt this was a perfect fit,” MarineTech Products president Larry Grundtner said in a statement. “The addition of another category of premium-quality products to our Panther line aimed at shallow-water anglers, duck hunters and pleasure boaters is a huge value add for our customer base. We’re always looking for new ideas to enhance the boating experience and the addition of King Pin is another reason for boaters to look to MarineTech for quality, convenience and innovation.”

King Pin Anchors will continue to be made in Erie, Pa., but sales and marketing for the brand will move to MarineTech’s new headquarters in Vadnais Heights, Minn.

Click here for the full release.

Related

New boat sales relatively flat in June

New boat sales in June grew marginally, with a 1.1 percent rise in the main powerboat categories and just 0.2 percent growth overall, according to preliminary data from Statistical Surveys Inc., a Michigan firm that tracks registrations.

Mazu releases new sportfishing app

Technology and satellite communications company Mazu has launched a sportfishing app that seeks to give anglers weather and sea state information, and provide powerful communications capabilities via satellite.