Teleflex announced that last week it completed the previously announced sale of its subsidiary Telair International Inc.'s actuation business to TransDigm Group Inc.
The sale proceeds are approximately $94 million.
Actuation will be reflected as a discontinued operation in Teleflex's future consolidated financial statements, the company said.
With all the new boats sold recently, it’s inevitable that a good percentage will wind up on the used market. MRAA has launched a Certified Pre-Owned Boat Program to help dealers strengthen this profit center.
Robert Healey Jr., of Viking Yacht Co., is running for a U.S. House of Representatives seat in New Jersey.
The company will add 50,000 square feet of manufacturing space to meet increased demand, creating 150 job opportunities.
NEW PRODUCT: Pettit Tuff Coat is a perfect solution for slippery surfaces on your boat or dock. Pettit Tuff Coat is a water-based, rubberized, non-skid coating that prevents slips and falls while looking great! Durable and resistant to chemicals and impact, Pettit Tuff Coat is long-lasting and gentle on bare feet and bikinis.
Beware of navel-gazing and taking too much credit for our industry’s recent successes.
Working with two industry certification partners, the association created a program to help dealers “find greater confidence and profitability in their preowned business.”