Quick Hits: May 6, 2020

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The National Marine Manufacturers Association announced that U.S. Secretary of Labor Eugene Scalia will deliver remarks to commence day two of the virtual American Boating Congress. ABC is scheduled for May 13-14.

Propspeed said in a statement that it partnered with MJM Yachts to be the standard foul-release coating on all of its models’ running gear. “We are confident that MJM’s discerning clientele will appreciate the increased fuel economy and ease of maintenance that the Propspeed foul-release coating will provide,” Propspeed CEO Chris Baird said in the statement.

FLIR Systems reported a 1.4 percent increase in revenue for its first quarter, to $450.9 million. The industrial technologies segment grew 1.9 percent, to $276.4 million. The gain, attributed to heightened demand for EST cameras as a result of the covid-19 pandemic, was partly offset by lower volume in maritime products, security products, and cooled cameras and components.

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NAW Elects 2021 Officers

Michael Medart of Medart Engine and Marine takes the helm as chairman of the National Association of Wholesaler-Distributors board.

Caterpillar Names Global Manager

Alex Berg will lead the manufacturer’s pleasure craft and yachting segment.