Quick Hits: August 6, 2020

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FLIR Systems reported second-quarter revenue of $482 million, comparable with the same period last year, and a $912.8 million backlog, a 12.8 percent increase from second quarter 2019. Industrial Technologies revenues for the quarter were $300.2 million, an increase of $15.7 million, or 5.5 percent, compared with the prior year. “This quarter marked the second consecutive quarter of record-breaking total backlog, and we continue to build a robust, sustainable pipeline with several key program wins,” president and CEO Jim Cannon said in a statement.

With the Southampton Boat Show canceled, British Marine is staging Boats 2020, scheduled for Sept. 11-20. Presented by Southampton International Boat Show, the smaller event is being held at Mayflower Park and is finalizing plans in line with government guidelines for events. “British Marine will continue to work with both exhibitors and key event stakeholders to explore all other opportunities, including an alternative, smaller-scale outdoor event to support the leisure marine industry and its members,” said British Marine CEO Lesley Robinson in a statement.

Seattle Yachts said it added the Nordic Tugs line at its locations in the Southeast and the West Coast. “We are excited to add Nordic Tugs to our collection of premium cruising brands,” Cory Gracey, Nordic Tugs brand manager with Seattle Yachts, said in a statement. “Nordic Tugs has an excellent reputation for building extremely high-quality cruisers that perform at a very fuel-efficient level and provide world-class accommodations.”


Viking Holds Vaccination Event

The New Jersey-based builder is working with local healthcare providers to offer Covid-19 shots to employees and their families.

Bellingham to Supply Dock for Superyacht Marina

Bellingham Marine will design and install a floating concrete dock system at Hurricane Hole Superyacht Marina in the Bahamas.

Off the Charts

Even as builders faced order backlogs and product shortages, registrations continued to soar in March.

Maverick Boat Group Expands

The Florida-based builder plans to increase production capacity by 30 percent and add 150 new jobs.

Polaris Names CEO and CFO

Previously interim executives, Michael Speetzen was named the CEO and Bob Mack the CFO of the Minnesota-based powersports company.

Sanlorenzo Reports Q1 Financials

The Italian builder continues to gain market share and expects to debut five models at Cannes in September and launch three new lines in 2022.