Si-Tex signs deal with Japanese manufacturer

Publish date:
Social count:

Tokyo-based Koden Electronics Co. and New York-based Si-Tex Marine Electronics announced an agreement through which Si-Tex will handle all sales, service and customer support functions for Koden products across the United States.

Koden is a leading provider of heavy-duty commercial electronics for the workboat, high seas, commercial fisheries and river transportation markets. It provides these markets with products in the marine radar, sonar, echosounder and GPS sensors/navigation system categories, including several International Maritime Organization-approved systems.

Koden and Si-Tex have a long-established business relationship. Many of the recreational marine electronics products that Si-Tex sells are made at Koden facilities in Japan.

Si-Tex vice president/sales Allen Schneider says the latest development will boost the synergies the two companies share.

"We're very excited about this new agreement with Koden and eager to fulfill these important responsibilities," Schneider said in a statement. "We have a long-standing working relationship with Koden and a strong understanding of each other's business philosophy. This will help make this a seamless transition for the industry.

"In addition, this agreement has the added benefit of creating a de facto commercial products division for Si-Tex, thus expanding our presence across all marine markets," Schneider added.


MRAA welcomes new partner member

Marina and marine management software provider DockMaster has become the newest partner member of the Marine Retailers Association of the Americas.

Caterpillar to close two facilities

Caterpillar Inc. will close two facilities in Texas and Panama and is considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, according to Reuters.

Brunswick executive honored by Savoy magazine

Danielle Brown, vice president and chief information officer for Brunswick Corp., was recently honored among the "Most Influential Blacks in Corporate America" as chosen by Savoy Magazine, a leading African-American lifestyle publication.