All articles by Craig Ritchie – Page 88
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NewsAppointment at SmartPlug
US-based shore power equipment manufacturer SmartPlug Systems has named Ron Bailey as its new global vice president of sales and marketing.
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NewsStrong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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NewsKVH reports softer third quarter results
Mobile connectivity and inertial navigation system manufacturer KVH Industries posted total revenues of US$39.3m in its 2019 third quarter results, while celebrating the shipment of its 10,000th VSAT system.
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NewsMalibu Boats releases strong Q1 results
US-based boatbuilder Malibu Boats Inc reported strong first quarter results today, noting year-over-year gains in sales, profits and net income.
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NewsMixed Q3 results for Lippert Industries
US-based parts and components manufacturer Lippert Industries (LCI) released its third-quarter results yesterday, showing declines in its core RV OEM business being partially offset by growth in new markets including marine.
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NewsFLIR reports mixed bag for Q3
FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.
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NewsVolvo Penta Americas president to retire
Volvo Penta Americas president Ron Huibers has announced that he will retire, effective January 1, 2020.
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NewsExecutive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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NewsGarmin releases strong Q3 results
Switzerland-based Garmin Ltd has reported strong sales for its third quarter, driven by growth in its aviation, fitness, outdoor and marine divisions.
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NewsNMMA buoyed by latest US consumer confidence data
Newly-released data for October shows consumer confidence remains high in the US, in spite of overall indications of a slowing economy.
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NewsABYC announces dates for 2020 Standards Week
The American Boat and Yacht Council (ABYC) has announced its 11th annual ABYC Standards Week will take place from January 6-10, 2020 in New Orleans, Louisiana.
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NewsFairline adds North American dealer
UK-based luxury boatbuilder Fairline Yachts has named Seattle, Washington-based Selene Yachts Northwest as its newest international dealership, serving customers in the Pacific Northwest region of the US and western Canada.
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InterviewMore acquisitions on the cards as Lippert reveals hand
With seven major acquisitions in the past five years, Lippert Components Inc has become a major player in the leisure boat industry. IBI recently caught up with CEO Jason Lippert, who spoke candidly about what lies next as it builds its marine portfolio
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NewsRelatively flat Q3 for Marine Products Corp
Fibreglass boat builder Marine Products Corp (MPC) reported relatively flat sales for the third quarter of 2019, with higher volumes of outboard-powered boats offsetting declines in sales of sterndrive models.
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NewsPolaris Q3 revenues up, but not in marine
Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.
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NewsLippert Components acquires SureShade
US-based parts and accessories manufacturer Lippert Components Inc (LCI) announced late Monday that it has acquired Rodan Enterprises LLC, manufacturer of the SureShade brand of retractable sunscreens.
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NewsIJC appoints two new members to Lake Ontario-St Lawrence River management board
Bi-national agency regulating Great Lakes water levels adds two new board members to secure broader input toward policy decisions
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NewsTough Q3 for Volvo Penta
Volvo Group reported financial results for the third quarter of its 2019 fiscal year today, revealing a difficult quarter for its Volvo Penta marine division.
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NewsFortress Marine Anchors sold
Fort Lauderdale, Florida-based Fortress Marine Anchors has been purchased by its senior management, including the grandson of company founder Dan Hallerberg.
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NewsSureShade opens new corporate headquarters
New 11,000 sq ft headquarters and plant opens on National Manufacturing Day
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