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Quick Hits: April 17, 2020

ASA Electronics issued an amended claim for fraud and punitive damages against Lippert Components and former ASA employee Vince Smith. Last October, a circuit court judge ruled in favor of ASA and granted an injunction against Lippert and Smith, who violated a non-disclosure agreement and revealed ASA trade secrets after he went to work for Lippert. After a March 26 mediation was unsuccessful, and based on new evidence, ASA issued the amended claim.

Excavation teams at a surface mining facility in Serbia recently discovered three ancient vessels buried in the former riverbed. The largest is nearly 50 feet, with a single deck, at least six pairs of oars and fittings for a sail. Ars Technica reported that archaeologists are fairly certain, but cannot confirm, that the vessels are Roman in origin, as testing data is held up at labs due to the coronavirus pandemic.

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MARINE-CONCEPTS

Marine Concepts Names Chief Executive

Industry veteran Terry McNew had a long tenure at MasterCraft, where he led the company through its initial public offering.

CED-MARINE

CED Marine Adds Sales Manager

Mark Sullivan previously spent more than 15 years at Navico and will cover the Southeast.

BWI-CONTEST

Writing Contest Open for Entries

Boating Writers International’s annual competition recognizes achievements in marine journalism, photography and videography.

DEALER-WEEK

MRAA’s Dealer Week Opens Tomorrow

The annual conference includes more than 20 educational sessions to help dealers adapt to the changing marketplace.

CRUISERS

Industry Mourns Cruisers Yachts Owner

K.C. Stock, who was 84, was known for his “commitment to the employees at Cruisers Yachts.”

GRANDBANKS

Grand Banks Purchases Florida Property

The parcel, which is opposite the company’s Stuart yard, has berths for up to nine boats and will increase service capabilities.

LIMESTONE-Q3

Limestone Boat Co. Posts Q3 Results

Unit production was down compared with the second quarter, and revenues decreased 33%.

SIREN-YAMAHA

Yamaha Dealers Now Carry Siren Systems

Siren Marine’s “Connected Boat” technology can be purchased and installed at more than 2,100 Yamaha outboard dealers.

Northpoint

Northpoint Expands Marine Presence

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.