Ferretti Group drops IPO
The company said the stock valuation was too low and that it will hold another IPO after it shows the “markets what we are worth,” according to CEO Alberto Galassi.
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.
Siren enters bass boat market
Bass Cat will offer Siren as an option on its Jaguar models.
Ferretti Group to hold Convergence 2019 in Las Vegas
The technical- and experience-based training event is designed for captains and chief engineers working aboard the group’s yachts.
Lund to sponsor 2020 Minnesota fishing event
The boatbuilder will provide two models for the Governor’s Fishing Opener.
Brunswick raises quarterly dividend for seventh consecutive year
CEO David Foulkes says the decision shows the company’s “confidence” in its new direction.
Grit, Perseverance and Tabletops
Through challenges and successes, Regal celebrates 50 years of building boats.
VIDEO: Hinckley and Will Smith in Gemini Man
The burning question — can Will Smith drive a boat? — is finally answered.
VIDEO: Viking promotes short film
“The Viking Difference” takes viewers inside the plant, the yachts, and face-to-face with the people at Viking.
Ferretti Group releases new order numbers
In the middle of its IPO, the Italian company said orders for new boats are up 18 percent for the first three quarters compared to a year earlier.
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Lippert names head of aftermarket division
Jamie Schnur promoted to the new position of Group President of Aftermarket.
Boat Brothers
Sean and Justin Healey, sons of Viking Yachts CEO Patrick Healey, are pushing deeper into the family business with the new Valhalla Boatworks brand.
Scout honors top dealers at annual meeting
Seven Seas Yacht Sales was named top worldwide dealer, and the builder displayed several new models for preview during a Customer Expo.
New Zealand’s Profile Boats to build in U.S.
Excel Boats will manufacture the aluminum-chamber boats in its new Tennessee facility.
IBEX 2019: Freedom Boat Club celebrates its 200th location
“This is an exciting time for Freedom Boat Club and the boating industry,” said Brunswick Corp. business acceleration president Brenna Preisser.
IBEX 2019: Power Products announces new division
The Brunswick Corp. subsidiary continues to move forward with systems integration.
The latest on Ferretti Group IPO
The Italian builder plans to list about 30 percent of its stock and begin trading Oct. 16.
IBEX 2019: Brunswick shifts into high gear
“We’re in an era of acceleration, and we see disruption as an opportunity,” said Brenna Preisser, president of Brunswick’s new Business Acceleration division.
Brunswick opens new Technology Center
The facility at Boston Whaler headquarters in Florida more than doubles the number of designers and engineers.
Siren Marine, Jeanneau North America partner on connected boat
Siren will provide its Monitor Track Control system on all new Jeanneau sailboats bought in North America.
Telematics company partners with Sea Pro
The boatbuilder says it will offer Boat Fix’s telematics system as standard equipment on all 2020 model-year boats.
Divide and Conquer?
Brunswick’s new Aluminum Boat Group hopes to gain operational efficiencies and greater sales through the restructuring of its aluminum business.
Yeargin elected chairman of Outdoor Recreation Advisory Committee
ORAC advises the U.S. Secretary of the Interior on issues related to outdoor recreation.
Sunseeker launches superyacht division
The U.K. builder also reported strong financial results.