Skip to main content

Regulator Marine boosts donations to food pantry

Regulator Marine said it has increased its donations to the Edenton-Chowan Food Pantry in Edenton, N.C., where the boatbuilder is based.

Contributions in 2017 totaled $34,000, half of which Regulator said was generated by staff and boat dealers from around the world during Regulator Marine University in November.

Regulator said the food pantry, which is in Edenton, has an annual budget of $120,000 and food assistance requests are increasing by 25 percent.

“The Edenton-Chowan Food Pantry is often called the ‘Heart of Chowan County.’ That’s not correct. The heart of Chowan County is more appropriately the employees of Regulator Marine,” Dr. Roger Coleman, director of the food pantry, said in a statement. “Without their support, our offerings would be meager.”\

Regulator said it has taken part in several food pantry initiatives during the past year, including the 100 Grand Challenge and the Book Bag Buddies program. The support is in addition to monthly donations, which volunteers use to purchase and distribute food to more than 350 families.

“We share very similar values with the food pantry, expressing God’s love by helping those who need it the most,” Regulator Marine president Joan Maxwell said. “We are committed to continuing our support, and we loved giving our dealers the opportunity to share our dedication at RMU.”

Related

1_AdobeStock_40421038

A Window on the World

Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.

1_BRP

BRP Announces Mexico Production Facility

The $165 million plant will open in early 2025 in Chihuahua and create up to 1,300 jobs while bolstering production capabilities.

1_COAST. GUARD.FOUNDATION

C.G. Foundation Announces Scholarships

The program each year awards more than $500,000 to qualifying children of active duty, active duty reserve and retired Coast Guard members.

PROPSPEED-HIRES

Propspeed Expands U.S. Sales Team

Josh McGuire and Cole Barone were named regional sales managers for the Northeast and West Coast.

NEWPORT-IMPACT

Newport Boat Show Had $26.1M Impact

The September show drew more than 40,000 attendees last year, with boat sales estimated at $35 million to $40 million.

AdobeStock_182031788

Consumers Feel a Bit Better

A key measure of U.S. consumer confidence rose in December as the economy added 223,000 jobs, the smallest gain in two years. The Conference Board reported that its Consumer Confidence Index rose to 108.3 from 101.4 in November.

1_AdobeStock_272924647

How the ABYC Creates Standards

Standards are a full-time mission for the ABYC that goes beyond simply putting out a new supplement every July. As an organization built on a tradition of common-sense and real-world experiences, the ABYC works on standards development year-round with its Project Technical Committees.

1_5d02b934eb29f602144abe88

Year Three of Five

Fear of an impending exodus, especially with concerns about a looming economic recession, has leaders at the MRAA, the National Marine Manufacturers Association and the Recreational Boating & Fishing Foundation urging the industry to start focusing immediately on improving customer service as the primary way to retain these boaters.

AdobeStock_306848457

Tax Season Is Approaching

Every year, marine business owners should take inventory of their companies to ensure that their tax planning is up to date. Multiple tax-law changes will affect the filing of 2022 tax returns.