The National Marine Manufacturers Association has added three new members.
The new members include Newmark Knight Frank Valuation & Advisory LLC in Palm Beach Gardens, Fla., Motor Services Hugo Stamp in Fort Lauderdale, Fla., and Olson-Ecologic Engine Testing Laboratories in Fullerton, Calif.
The company said the $6 million in credit will be used to improve its Tennessee manufacturing facility and buy new equipment.
St. Augustine, Fla.-based McKenzie Marine is the engine distributor’s latest designated Suzuki Repower Center.
The company said the 700T Series was the first model shipped from its new Fort Wayne, Ind., factory and was delivered to The Marina in Angola, Ind.
The legislation aims to return semiconductor manufacturing to the U.S. and allows businesses to deduct R&D costs in the same year they are incurred.
The diesel outboard builder this week brought aboard a new regional sales director, regional sales manager and an aftersales manager.
The Ohio Supreme Court has ruled that a proposed wind farm off the Cleveland, Oh., waterfront meets planning requirements.
Consumer Price Index results may indicate that inflation has peaked, and Producer Price Index data was below market expectations.
The company’s first half 2022 net sales increased to $1.93 billion, and segment income rose to $330 million.