Sector News – Page 284
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Labour shortage the latest challenge for northern US boatbuilders
A low unemployment rate and intense competition for skilled labour combine to drive up wages and challenge employee retention
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Patrick Industries expands to new facility
OEM supplier Patrick Industries, one of the largest suppliers to marine and recreational vehicle (RV) manufacturers, is expanding again, this time with a new facility in La Porte, Indiana, just 50 miles from its headquarters. Patrick will be taking possession of 60,000ft² in a facility recently built by the city ...
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Nobiskrug’s insolvency process enters new phase
Talks ongoing with a number of potential investors
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US marina fires affect rental operations on two coasts
Damage estimates are now being calculated
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NMMA releases 2020 US import-export stats
Hot US domestic market results in near 24% decline in exports, 2% rise in imports
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ElectroSea names new Clearline dealer
Argo Yachting appointed authorised dealer for the UK, southern Spain and Mallorca
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St Francis Marine expands fleet with new cruising cat
Tooling on the new 46ft model to begin this month
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Tropical storm enters Gulf of Mexico, Florida marinas make ready
The US National Weather Service has issued a Tropical Storm and a Hurricane Watch for the entire state of Florida
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Palumbo announces sale of Extra X76 Loft
The 23.4m vessel will be delivered to a European owner
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Finnish fund manager invests in local boat design firm
Navix designs, manufactures and sells boat parts
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Lloyd’s Register sheds cyber-security, other units to focus on growth areas like yachts
The sale of BA&IS is bound to benefit the yachting sector
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X Shore invests in “sustainable” boat factory
Swedish electric boat builder opens new factory in Nyköping
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CMC Marine, SAIM Group sign partnership agreement
SAIM to distribute Waveless stabilizers in Italy, San Marino and the GCC
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Sanlorenzo Asia takes order for new-build Sanlorenzo 52Steel superyacht
The 52Steel is the largest Sanlorenzo sold in Asia to date
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Premier Marinas expands portfolio with acquisition of 10th UK marina
Premier is one of the UK’s largest marina operators
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FIN issues Cannes Yachting Festival statement and reasserts ownership
The Fédération des Industries Nautiques (FIN) has acknowledged Reed Expositions’ right to manage the show but as a result of the court ruling states that it is the rightful owner
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Johnson Outdoors extends supply agreement with Skeeter Boats
Renewed OEM partnership extended to include Minn Kota Raptor shallow-water anchors
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Harwood Capital given third extension on possible GYG takeover bid
Due diligence investigations for superyacht services group continue