Publish date:

Schmitt & Ongaro reports record sales in 2017

Schmitt & Ongaro Marine Products, manufacturer of steering wheels, horns, wipers and other components for recreational and commercial vessels, posted record sales figures for 2017.

The company saw a 9.2-percent increase over the same period in 2016, with a three-year overall growth total of 37.8 percent.

"With consistent growth throughout 2017, we've been able to put substantial energies into R&D," said Schmitt & Ongaro Marine president Tim Schmitt in a statement. "We're excited about the new products we're rolling out in 2018 and future projects that are in the design phase."

The company attributed the growth to its development of innovative marine steering wheels for aftermarket and OEMs.

The ability to provide boatbuilders semi-custom products has strengthened its customer base, the company said.

Additionally, the company made purchasing easier for its European customers by accepting Single Euro Payments Area payments.

Related

IBEX Opens Tomorrow

The three-day trade show celebrates its 30th anniversary and return to the Tampa Convention Center in Florida after last year’s virtual event.

Ritchie Navigation Sees Year of Record Growth

The 161-year-old Pembroke, Mass.-based compass manufacturer added a sixth workday to keep up with demand.

‘A Phenomenal Success’

The Southampton International Boat Show had more than 88,000 visitors during its 10-day run, after last year’s cancellation.

TopSide Marinas Makes First Two Acquisitions

Founded in January 2020, the firm has thus far acquired Beavers Bend Marina in Oklahoma and Galveston Yacht Basin in Texas.

Two Boosts for Boating and Fishing

MBIA’s Metro Boat show show draws a crowd, and the U.S. Fish and Wildlife Service expands boating and fishing opportunities.

Norwalk Boat Show Held This Weekend

The NMMA show runs through Sunday at Norwalk Cove Marina in Norwalk, Conn.

Raritan Expands Team

Patrick McNeel joins the New Jersey-based manufacturer as a marine equipment product developer.

Industry Mourns Walter “Bing” Burns O’Meara

The longtime publisher of Lakeland Boating magazine has died at 81.