Chaparral
Chaparral is built in Georgia by its publicly traded parent company, Marine Products Corp. Founder Buck Pegg and president Jim Lane have led the company since its inception in 1977. Chaparral builds seven models, including sportboats, sport decks, towboats, cruisers and sport yachts.
Marine Products Corp. Sees ‘Normalization’ in Q1
The builder of Robalo and Chaparral boats reported a 42% decline in net sales, reflecting softer demand and dealer ordering patterns.
Buck Pegg Turns 80
Flags were flown at the Georgia State and U.S capitols in honor of the Chapparal Boats founder’s birthday.
Chaparral VP Takes Expanded Role
Senior vice president Mike Fafard will now be in charge of manufacturing, in addition to engineering and design
Chaparral and Robalo Award 2022 Scholarships
The companies this week awarded 10 graduating seniors $100,000 in college scholarships
Congressman Visits Chaparral
“Many issues facing the marine industry are decided in Washington D.C.,” says founder Buck Pegg.
Right-sizing
Marine Products Corp. said its 22 percent drop in Q4 revenues came after it aligned production with dealer inventory levels.
Virtual retail
Augmented reality could disrupt the market by offering immersive experiences to buyers in the comfort of their homes.
Marine Products Corp. to focus on high-demand models for 2020
Sterndrive sales continue to drop, though outboard models have increased.
Marine Products Corp. reports record sales and profits
The record quarter is a mixed bag: Units sold down 7 percent, price per unit up 10 percent.
Marine Products Corp. reports 7 percent gain in Q1 sales
But the parent of Chaparral and Robalo said demand for smaller boats dropped while labor costs rose.
Sen. David Perdue visits Chaparral Boats
Georgia Republican joins Congressional Boating Caucus
Marine Products Corp repurchases shares
The parent of Chaparral and Robalo said it purchased nearly 170,000 shares during the fourth quarter.
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.
Marine Products Corp. makes Fortune’s 100 Fastest Growing Companies list
Parent company of Chaparral and Robalo is ranked at 73.
Marine Products Corp. reports 22 percent gain in Q3 sales
The parent of Robalo and Chaparral said its order backlog is higher than a year ago, reflecting dealer optimism about 2019 market demand.
Chaparral and Robalo recognize top dealers
Chaparral and Robalo boats honored top dealers for the 2018 model year at their 2019 dealer conference held August 16 at the Ritz-Carlton on Lake Oconee, Georgia.
Chaparral and Robalo parent releases Q2 results
Marine Products Corp. reports a record quarter, with net sales of more than $87 million.
Marine Products Corp. posts gains in Q1
Chaparral and Robalo boats parent company Marine Products Corp. saw net sales in the first quarter increase 9.1 percent to $77.5 million, the result of selling larger boats than in 2017.
Chaparral and Robalo names marketing director
Chaparral and Robalo Boats said it has promoted Ryan Swaims to marketing director.
Marine Products Corp. releases third quarter earnings
Marine Products Corp. generated net sales of about $5.9 million, a 6.9-percent increase over last year’s earnings of just over $5.5 million.
Chaparral and Vortex add New Hampshire dealer
Shep Brown’s Boat Basin will become the Chaparral Boats and Vortex Jet Boats dealer on Lake Winnipesaukee in New Hampshire.