Caterpillar marine engine sales down in April

Author:
Updated:
Original:

Caterpillar this week reported a continued decline in the sale of marine engines.

Sales for April, when compared to the same month of last year, were down 35 percent. The engine manufacturer also reported double-digit declines in February and March.

Sales were down in April for all segments, except for industrial, which saw a 5 percent increase compared to April 2009.

Caterpillar also reported sales declines in most regions, except for the Asian Pacific, which reported a 13 percent increase last month.

Related

Argos 3D Forward Looking Sonar

For 20 Years, FarSounder has been developing and manufacturing 3D forward-looking sonar for vessels of all sizes.

Dometic Marine Appoints Executives

The company promotes a 20-plus-year employee and adds a vice president of aftermarket sales and e-commerce.

IMEA Launches Scholarship Program

The International Marine Electronics Alliance aims to recruit students into the field of marine technology.

RBFF Campaign Reels in Awards

The fishing-and-boating advocacy group’s Get on Board campaign was recognized by two national public relations organizations.

Suzuki’s Clean Ocean Project

Testing of the engine manufacturer’s microplastics filtering device continues as it moves closer to production. The company also released its full-year financials.

Uflex Adds to Sales and Marketing Team

The company said significant growth during the last few years created the need to add three employees.

NMTA Beats Proposal To Double Excise Tax

It’s just one example of the value of belonging to a state or local marine trade association. Are you a member of an MTA?