Quick Hits: September 9, 2020

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California-based MB Sports have agreed on the terms of licensing Malibu Boats, Inc.’s intellectual property that include a one-time payment and a portion of future royalties to be made to Malibu. “The boating industry continues to show respect for Malibu’s innovations,” Malibu CEO Jack Springer said in a statement. “Today, over 20 brands directly or indirectly license our IP, and in the towboat manufacturing segment, every significant towboat OEM now licenses Malibu’s patents.” On a related note, Malibu IP is the subject of the company’s ongoing patent litigation against what Springer called “the sole exception” in the towboat space, Skier’s Choice. A court had entered a favorable claim construction against the builder of Supra and Moomba boats, who Malibu says is infringing on its patents. 

It’s been a summer of milestones for Cox Powertrain. Back in June. the U.K.-based manufacturer attained EPA Tier 3 approval for its most powerful, 300-hp CXO300 diesel outboard and its Florida distributor, Ring Power, started to receive shipments of the first production units. Now, the first installation of the engines is complete, with a twin setup on an Intrepid Nomad 345. “The production CXO300 engines are everything we expected and more,” said Ring Power sales and marketing specialist Royal Hendrix in a statement. The production engines meet all our expectations and we continue to be amazed after every trip on the water.” 

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Lippert Components Rebrands

The company’s core line of marine, RV and commercial products, including Lewmar and Taylor Made, will be branded as Lippert.

‘A Strong Finish to a Strong Year’

Booming demand for boats continued as the year ended, with the industry posting the highest number of sales since 2007.

Culture Summit 2.0

Correct Craft will gather “organizational culture drivers” for its second summit, which will take place virtually March 3.

Quick Hits: January 22, 2021

B.A.S.S. now taking noms for ‘21 Bassmaster High School All-American Fishing Team and Yacht Sentinel teams with Fountaine Pajot to equip its lineup with connected boat technology.

Teak Isle Expands Operations

The Florida-based manufacturer purchased a 45,000-square-foot facility and two additional CNC routers.