All articles by Craig Ritchie – Page 72
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IBI Analysis | Brunswick to acquire Navico for $1bn
IBI provides analysis on Brunswick’s latest addition, aimed at enhancing the Group’s leadership position in marine technology and strengthening its global parts & accessories business
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Suzuki Marine US partners with Forest River, Camping World on exclusive pontoon boat line
New pontoon brand by Forest River to feature Suzuki power and be sold exclusively by Camping World retail chain
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Suzuki US engages water taxi service to help test new micro-plastics filter
Collaboration with Tampa-area commercial taxi to provide accelerated, real-world analysis of outboard-mounted micro-plastics collection device
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Renasas semiconductor plant returning to full operation
Production resumes at fire-damaged Japanese semiconductor plant, with return to full capacity expected by early July
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BRP record Q1 revenues surpass C$1.8bn
Strong growth in boat and Sea-Doo sales “more than offset” wind-down of Evinrude outboard business
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Viking embarks on Mullica plant expansion
Two separate growth initiatives to bring total manufacturing space to over 100,000sq ft and improve efficiency for Valhalla centre console production
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Limestone Boat Co releases initial Q1 results
Canadian start-up boatbuilder posts C$2.7m loss in initial first quarter
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Transport Canada awards C$3.6m in boating grants
Funds awarded to groups across Canada in support of boater education, outreach initiatives
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Limestone completes acquisition of Ebbtide
Canadian boat brand completes acquisition of US boatbuilder, including 145,000 sq ft plant and Aquasport, Boca Bay fibreglass fishing boat lines
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MasterCraft Boat Group posts record Q3 sales
Net sales, gross profit, gross margin and net income all up significantly in record-setting third quarter for US boatbuilder
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Canadian marina company acquires three new properties
Maple Leaf Marinas grows to 11 facilities with latest acquisitions
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Japanese engine manufacturers collaborate to develop hydrogen technology
Yanmar, Kawasaki, JEC enter into new cooperative venture to develop hydrogen-fuelled marine engines by 2025
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Webasto celebrates delivery of 8,000th marine sunroof
Milestone 40-series unit will be used in a Chaparral 317SSX
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Johnson Outdoors Q2 sales up 26%
Net income for second quarter up 37% YOY on continuing high demand for fishing, watersports equipment
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KingFisher Boats named one of Canada’s Best Managed Companies for fourth straight year
Welded aluminium boatbuilder recognised with Gold Standard designation in recognition of multi-year achievement
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Maverick Boat Group expands production plant for second time in three years
New 106,000sq ft expansion at Cobia Boats facility to increase production by 30% and create 150 new jobs
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Myers Q1 sales up 42%
Higher sales revenues offset by higher costs related to recent acquisitions, leading to 56% dip in YOY net income
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KVH Q1 revenues up 16%
Second consecutive quarter of record VSAT shipments drive revenues in “quarter that beat expectations”
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Executive changes at Polaris
Michael Speetzen named permanent CEO, Bob Mack appointed CFO at Bennington, Godfrey and Hurricane parent
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Lippert Q1 sales top US$1.0bn
Revenues jump 52%, net income increases 163% in record first quarter results driven by strong contributions from marine and international business segments