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Quick Hits: June 19, 2020

Marine electric propulsion leader Torqeedo has announced updates to its management team, July 1. Founder and CEO Dr. Christoph Ballin will move to the advisory board, with management team responsibilities to be split between Dr. Ralf Plieninger — an eight-year Torqeedo veteran — and Dr. Michael Rummel, currently the company’s managing director. “I would like to thank everyone who has helped to make Torqeedo what it is today: the market leader for marine electric drives,” said Dr. Ballin in a statement, “The most exciting times for electric-powered transport lie ahead of us.”

Larry Lovold, former president of Lund Boats, has died. Lovold, who retired in 2006 after 28 years with Lund, started with the company as sales manager in 1977 passed away on June 11. His obituary can be found here, where mourners can also leave condolences. 

The Florida Fish and Wildlife Conservation Commission is partnering with Fish Rules App to help anglers understand fishing regulations in Florida. The app will launch for saltwater only, but will expand to include freshwater this summer. FWC staff and law enforcement have been using the tool for years, said Jessica McCawley, FWC’s director for the division of Marine Fisheries Management. “We are thrilled to be able to now support and promote this amazing app to Florida saltwater anglers and expand it to our freshwater anglers, too,” McCawley said in a statement.

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Industry Mourns Cruisers Yachts Owner

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

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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.

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Limestone Boat Co. Posts Q3 Results

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

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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.

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Northpoint Expands Marine Presence

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

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BRP Reports 71% Increase in Q3 Revenues

The Sea-Doo manufacturer had total revenue of $2.7 billion, but North American marine retail sales were down 47%.

Airmar

Airmar Announces Training Dates

Certified Installer and SmartBoat system classes are being held this month in New Jersey and next year in New Hampshire.

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The Survey Says …

Surveying customers to find out what they think about your business has never been more important.

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Marine Development Inc. Changes Hands

Mick Webber, the former president/CEO and owner of HydroHoist, has purchased the company from its founders.