Northeast boat sales increase after hurricane

Author:
Updated:
Original:

A CBS News report this weekend interviewed industry insiders, who detailed how the devastation wrought by Hurricane Sandy has actually provided a sales boost.

"Best December we've ever had," Boston Whaler vice president of sales Jeff Vaughn said in the television interview.

Since an estimated $650 million is being written by insurance companies to boat owners, many of whom still want to get back on the water, an unexpected injection of cash is helping manufacturers and creating new jobs — both in selling new boat and repairing broken ones, said Vaughn.

NMMA president Thom Dammrich and Scott Croft of BoatUS also contribute to the report, which was conducted at the New York Boat Show that wrapped Sunday.

Click here for the CBS report.

Related

Tommy’s Slalom Shop Adds Dealer

Boulder Boats has locations in Nevada, Arizona and California.

Trade Only Today Returns Tuesday

The daily e-newsletter will not publish Monday, Jan. 18, in observance of Martin Luther King Day.

Mercury and Crownline Make Supply Pact

Under the agreement, Mercury will be the exclusive outboard and sterndrive supplier for the boatbuilder.

Sea Tow Makes Executive Appointment

Thomas Spina, who has more than 25 years of maritime experience in a variety of roles, was named vice president of franchise operations.

Quick Hits: January 15, 2021

IBEX seeks proposals for session topics; Sensible Yacht Cordage changes hands

Godfrey Marine to Host Virtual Showcase

The event is to take place Jan. 23 and will include Godfrey pontoons and Hurricane deckboats.

Boat Shows Throttling Up

2021 is bringing a new paradigm to the winter boat show season.

Correct Craft Plans Expansions

The moves will allow additional growth for Nautique, Supreme, Ingenity and Watershed Innovation.