The Caterpillar Marine Center of Excellence in South Carolina recently shipped its 5,000th marine engine.
The engine was an in-line, six-cylinder Cat C18 ACERT marine engine, rated at 1150 mhp (847 bkW).
The milestone engine was completed in the first week of November and was shipped to the United Kingdom-based Cat dealer Finning for installation into a Princess P62 yacht.
The factory opened in August 2007.
MarineMax grew revenue more than 10 percent to $270.6 million in the second quarter, prompting the company again to raise its annual expectations to $1.44 to $1.50 versus its prior expectations of $1.30 to $1.40 per-diluted-share.
Jeff Napier, the first president of the National Marine Manufacturers Association, died at his home in Italy after suffering from Parkinson’s Disease. He was 78.
Brunswick Corp. announced that consolidated net sales increased 7 percent in the first quarter, with the marine engine segment up 9 percent and the boat segment rising 7 percent over last year.
MarineMax has named industry veteran Christian Gonzalez as general manager for its Miami stores.
First quarter revenue at Flir Systems Inc. grew 8 percent to $439.6 million, and organic revenue was up 13 percent, due in part to strong results in the Raymarine.
The Trump administration is likely to end public access to a web portal used by hundreds of thousands of consumers each year to file complaints against financial companies.