G3 Boats, of Lebanon Mo., planned this week to lay off about one-fifth of its work force because of the poor market for aluminum boats.
In all, 53 workers are affected, the Lebanon Daily Record reported.
G3 Boats is a Yamaha-owned boat company and manufactures more than 100 models of aluminum fishing boats and pontoons.
A call for comment this morning was not immediately returned.
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.