Wholesale shipments of traditional powerboats were up 3.4 percent through June and corresponding dollars were up 9.1 percent.
That data were from the National Marine Manufacturers Association, where the control group of manufacturers represents 69 percent of the market.
But the parent of Chaparral and Robalo said demand for smaller boats dropped while labor costs rose.
The company declared a quarterly cash dividend of $0.17 per share.
Tariffs and growing labor costs created headwinds.
Watershed Innovation’s partnership with a local university results in a concept boat that is 30 percent quieter than a traditional jon-boat.
Erik Christiansen was the former general manager of Mercury Racing.
Fort Wayne operation surpasses two million hours with no lost time.
Its Marinas Group names four new members and its Superyacht Refit Group adds one member.
