U.S.-based yacht manufacturer Palmer Johnson is closing its operations in Hampshire, U.K., a move that will cost 110 jobs.
And the company's plans to build a boatyard on the former VT site in Southampton, which would create 800 jobs, are in limbo, the Daily Echo newspaper reports.
The South Florida trade organization announced new and reelected members, handed out awards, and arranged presentations by business leaders.
With Memorial Day weekend approaching, the summer driving and boating seasons will contribute to continued demand for gasoline.
The deal gives marine and powersports dealer Power Lodge four locations in Minnesota and one in Florida.
Major U.S. stock indices weakened yesterday, and recreational marine shares fared even worse on a percentage basis.
Company veteran Jorg Franzke replaces Håkan Sterner, who is returning to Sweden.
The May 21-27 observance takes on heightened importance with the thousands of newcomers to boating. Meanwhile, bass fishing lost a legend with the death of Ray Scott.
The builder said new models and a “diversified product portfolio” drove sales growth to record levels.