NauticStar adds employees to meet increased product demands
NauticStar has hired 25 to 30 new employees over the course of three months and plans on hiring more as it ramps up production and continues to grow.
MasterCraft
MasterCraft, founded in 1968, builds ski, wakeboarding and performance boats in Vonore, Tenn. It was bought by MCBC Hydra Boats, a subsidiary of Wayzata Investment Partners, in 2009.
MasterCraft has strong second quarter
Net sales at MasterCraft Boat Company’s parent company, MCBC Holdings Inc., rose 53.4 percent to $78.4 million in the second quarter, with gains attributed to the inclusion of NauticStar, which increased net sales by 39.5 percent, or $20.2 million.
MasterCraft reports 1Q results
MCBC Holdings Inc., parent company of MasterCraft Boat Co. and Nautic Star, increased net sales 7.2 percent, to $65 million in the first quarter, but saw gross margins decrease 140 basis points, to 27.9 percent.
MasterCraft parent taps former Brunswick executive to lead NauticStar
MasterCraft parent company MCBC Holdings has named Tim Schiek as president of NauticStar, a boatbuilder the company acquired Oct. 2.
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MasterCraft plans production boost to meet demand at NauticStar
MasterCraft CEO Terry McNew said the company plans to ramp up production in order to meet current demand at NauticStar and will make some initial investments in general and administrative expenses.
MasterCraft acquires NauticStar
MasterCraft said today that it has acquired NauticStar LLC, a manufacturer and distributor of 18- to 28-foot bay boats, deck boats and offshore center consoles, for about $79.8 million.
MasterCraft reports 4Q, year-end results
MasterCraft said it increased its fourth-quarter net sales to $58.3 million, up 9.3 percent from $53.4 million in the same quarter last year.
MasterCraft unveils 2018 model-line improvements
The MasterCraft Boat Co. developed functional and cosmetic improvements across its model line for 2018.
How innovation is paying for itself
As technology enhances the boating experience, enough buyers seem willing to pay the added cost
MasterCraft debuts 21-foot crossover boat
MasterCraft Boat Co. introduced the new XT21, a new midsize multipurpose crossover boat.
VIDEO: MasterCraft wakeboard competition set for Saturday
The MasterCraft Throwdown Wakeboard pro invitational is returning for a second year and will be nationally televised.
MasterCraft debuts lifestyle website
MasterCraft said it introduced a dedicated online lifestyle portal it calls The Craft.
VIDEO: MasterCraft debuts new 20-footer
MasterCraft unveiled its new XT20 on social media this week, an extension of the XT crossover line that the company said seeks to deliver performance “at a more approachable price.”
MasterCraft reports 4Q, year-end results
MasterCraft reported lower fourth-quarter net sales, but increases in profit and gross margin.
MasterCraft show set to debut on network TV
The 2016 “Real Wake Driven by MasterCraft” video series is expected to appear today at XGames.com and on ABC-TV on July 30.
MasterCraft sales and marketing manager assumes new role
Schwenk has served as regional sales and marketing manager and has worked in new product development for 11 years.
VIDEO: MasterCraft rolls outs 2017 model-year lineup
MasterCraft introduced its 2017 model-year boats with new features.
MasterCraft debuts Dockstar Handling System
MasterCraft said it enables boat drivers of any ability level to drive in reverse and more easily navigate tight docks and crowded marinas.
MasterCraft expands watersports event into summer series
MasterCraft Boats announced plans to expand the platform from a single competition into a summer-long event series.
MasterCraft reports 3Q results
Sales totaled $57 million for MasterCraft in its third quarter, an 11.6 percent increase from the same period year earlier.
VIDEO: MasterCraft works with Mercury on outboard towboat
MasterCraft displayed its new NXT20 Global Edition to the public for the first time during the 2016 New York Boat Show.
MasterCraft COO resigns
MasterCraft said it accepted the resignation of chief operating officer Shane Chittum, effective April 1.
Analyst says MasterCraft stock is ‘severely undervalued’
MasterCraft went public last July and a financial analyst says the company is the most attractive of the 13 companies he covers in leisure space.