All articles by Subscriber-only – Page 146
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Intellian to open new factory in South Korea
August opening of second production facility in Korea to support expansion into emerging markets
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Record order book at Nimbus
Sweden’s Nimbus Group echoed reports of strong boat demand across its markets in Europe and the US
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US builder receives economic incentive for doubling jobs
County commissioners approve US$600,000 incentive payment
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OneWater adjusts 2022 outlook up, continues acquisition strategy
US dealer says fiscal second-quarter results were better than anticipated
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Record Q1 for Myers Industries
Significant YoY increases in revenues, gross earnings and net profits lead US plastics supplier to raise 2022 outlook
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Twin Disc reports Q3 revenue, profit gains
Third-quarter sales jump 2.9% year-over-year as US propulsion equipment manufacturer sells off historic company headquarters
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First-time US boat buyers at 15-year high
New data shows strong momentum in new participants across 2020 and 2021, but current headwinds may lead to softening after two strong years
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TISG outlines delivery plans for three superyacht projects
Buoyant 2021 financial results for the group approved
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Benetti launches first Oasis 34M superyacht
Over 50 orders received for the Oasis superyacht series so far
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Xylem Q1 revenues reach US$1.3bn
All business segments surpass previous guidance, leading to higher full-year outlook
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Limestone Boats expects 2022 to be “transformative” given backlog and demand
Canadian boatbuilder reports strong fiscal Q4 earnings
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Pensacola Shipyard sold
The full-service marina and boatyard is part of the West Florida boating community
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Dometic reports marine sales as separate segment
In its first quarter reporting on Marine as a separate segment, Sweden’s Dometic Group provided significant insight in to how the business has developed since 2017 when it acquired SeaStar Solutions
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Palma International Boat Show makes strong return
Event now seen as one of the top European shows with some 25,000 visitors
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Cummins raises guidance on strong Q1 results
Record first-quarter revenues of US$6.4 bn mark 5% YoY gain over Q1 2021
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US aid package to Ukraine to include seized assets of Russian oligarchs?
New measure is expected to receive broad bi-partisan support in Congress