Concerns about tariffs and 2019 uncertainty prompts financial firm to downgrade stocks for two marine companies
Polaris and Marine Products Corp. were dropped from “buy” to “neutral,” and “buy” to “sell,” respectively.
Manufacturers
Boatbuilders are the backbone of the marine industry. They can be found across the country, constructing everything from personal watercraft and small skiffs to large center console fishing boats and oceangoing yachts. A large majority of the recreational boats sold in the United States are built in this country.
Correct Craft’s Angela Pilkington receives 2018 Darlene Briggs Woman of the Year
Executive vice president/chief of staff has been with the company for 37 years.
Centurion and Supreme Boats sign onto MRAA dealer certification program
The builder will provide a per-boat rebate for 2020 model year boats sold to any dealers who achieve Certified Dealer status.
Beneteau America announces new Outboard Sales Manager
Don Smith will be responsible for growing sales of the Antares outboard line
Bryant Boats names Robin Brendle vice president of sales and marketing
Industry veteran has more than 20 years of experience.
Brunswick Corp. sells Finnish boat builder
The U.S. company has sold its interest in Bella Boats to Nimbus
Larson brand to be sold
The company plans to focus on its larger Marquis, Carver and Lexus models
Groupe Beneteau completes acquisition of Delphia Yachts
Delphia was founded in 1990 and employs 670 workers.
Scout’s new plant is up and running
Designed to build its largest boats, Plant D seeks to bridge the gap between production and custom building.
BRP has record quarter
The company saw a decline in outboard engine sales but gains in personal watercraft.
Universal Products named Nautique’s 2018 Supplier of the Year
The year’s award was the first time Nautique has formally recognized supplier performance.
Nor-Tech Hi-Performance Boats expands factory
The Florida builder hopes to add at least 50 workers.
Brunswick Corp. names new Crestliner president
Brittany Hizer comes from the company’s Life Fitness division.
Brunswick prices $115 million debt offering
Brunswick intends to use the proceeds to pay off loans for its recent Power Products acquisition.
Metal Shark partnering with Bahamas National Trust
Boatbuilder will provide boats and technical assistance to support Exuma Cays Land and Sea Park.
Jim Krueger retires after 46 years in the boating industry
Krueger most recently worked at Regal Boats, but has held positions with Cruisers, Sea Ray, Bertram, Mainship, Luhrs, Tollycraft, Shamrock and Trojan.
Bentz is back
Earl Bentz launches a new bay-boat brand called Caymas in Triton’s former facility in North Carolina.
Will an Italian builder become America’s top brand?
After selling $50 million worth of yachts at FLIBS, Azimut executives are planning on it.
Viking announces new models
The company had strong demand for its new 58 Convertible at Fort Lauderdale show.
Sunseeker founders recognized for contribution to the yachting industry
Robert and John Braithwaite gain Outstanding Achievement accolades at the 2018 Luxury Briefing Awards.
Bavaria Catamarans plans to double production space in France
Nautitech, subsidiary of recently acquired Bavaria Yachts, will recruit 30 new workers as part of its expansion plans.
Fire destroys Blue Seas Systems building
The two-alarm fire gutted its warehouse and offices, prompting officials to look for a temporary facility.
Watershed Innovation supports young innovators at fair
Correct Craft subsidiary helped attendees make model electric boats.