All articles by Tony Esposito – Page 80
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MPC reports Q4 drop in net sales
Marine Products Corp (MPC), the parent company of Chaparral and Robalo boats, reported Q4 2018 net sales of just over US$62m, down 5.4% from the previous year which the company says is due to a decline in international sales due to the Trump administration tariffs.
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Vanquish Boats relocates
After a decade of building ‘New England-style’ runabouts, dual and center consoles, Vanquish Boats is relocating to South Florida to accommodate the company’s growth.
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Brunswick creates fibreglass boat design and technology centre
Brunswick Boat Group is launching a 45,000sq ft Fiberglass Boat Technology Center (BFBTC) in what the company says will be “home to the industry’s most formidable boat product development team, with a mission to design, engineer, and launch innovative, industry leading products for two of the most iconic brands in ...
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MarineMax starts fiscal 2019 on an upswing
MarineMax reported revenue growth of 2% – or just over US$5m – for the fiscal 2019 first-quarter ended 31 December 2018.
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US outboard wholesale shipments up in 2018
Wholesale outboard shipments in the US were up 5.9% in 2018, according to the National Marine Manufacturers Association (NMMA) Monthly Shipping Report.
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Seattle Yachts acquires Cabrillo Yacht Sales
Less than a year after opening an office on the US east coast, Seattle Yachts has purchased Cabrillo Yacht Sales of San Diego, California.
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US powerboat registrations up through November
US powerboat registrations were up 4.4% in November on a rolling, 12-month year-over-year basis, with increases seen in all categories of boats.
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South Florida marine economy continues to rise
The recreational marine industry’s multi-billion-dollar economic impact on South Florida is growing across Broward, Miami-Dade and Palm Beach counties, according to the Marine Industries Association of South Florida (MIASF), the Greater Fort Lauderdale Alliance and a new study com
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Hearings scheduled to revitalise marine industry in New York
The Suffolk County Marine Industry Revitalization Advisory Council (MIRAC) is seeking input from marina owners, commercial and recreational anglers and residents in deed of dredging “to help shape policy that will create the next generation of marine workers, support much-needed dredging projects, protect fisheries from deadly algal blooms, and ensure ...
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Fort Pierce City Marina ready for bigger boats
A three-month, US$400,000 dredging project to deepen the entrance to Fort Pierce City Marina in Florida following Hurricanes Matthew and Irma in 2016 and 2017 has opened the marina to larger boats and is using the removed sand for the Indian River Lagoon Island.
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ELUX Marine launches electric pontoon boat
The upcoming Minneapolis Boat Show will see the debut of a new electric-powered, fiberglass “luxury pontoon boat” from ELUX Marine. The show runs from January 24-27 at the Minneapolis Convention Center.
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Taxes, infrastructure, pollution are major hurdles to yachting in India
High taxation, a lack of proper facilities and rising pollution levels are impeding the growth of yacht tourism in India, an industry expert says.
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Late actor’s family opposes sale of John Wayne Marina
The continuing saga of the John Wayne Marina in Sequim, Washington, now sees the late actor’s estate weighing in with opposition to the sale and has informed the port of Port Angeles that it cannot sell the facility without consent of the estate’s approval.
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ABBRA to host annual meeting in Ft Lauderdale
The American Boatbuilders & Repairers Association (ABBRA) is set to meet later this month for its annual meeting, billed as “the only conference designed by boatyard operators for boatyard operators.”
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Barletta Pontoons names new dealer
Barletta Pontoons in the US has signed Atwood Lake Boats, the state of Ohio’s largest pontoon boat retailer, as its newest dealer.
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Million-dollar marina fire reignites, sparks concerns over fuel spill
An overnight fire Tuesday that sank two houseboats and destroyed a third at Constitution Marina in Charlestown, Massachusetts, reignited Wednesday afternoon, forcing firefighters to return to the scene and sparking concerns about fuel leaking into the harbour.
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North Technology Group purchases Magic Marine, forms new division
North Technology Group (NTG) has purchased MBrands International BV, owners of the Magic Marine technical sailing apparel brand and Mystic kiteboarding accessories, creating a new division of NTG called North Actionsports Group.
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Final call for Innovation Award entries
Tomorrow (Friday 11 January) is the deadline for submitting entries for the 2019 Miami International Boat Show Innovation Awards.
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United Yacht Sales reports 40% growth in 2018
Stuart, Florida-based United Yacht Sales has reported a 40% increase in sales during 2018, citing numerous positive economic indicators, high consumer confidence and “President Donald Trump’s changes to the tax code that allowed for the entire purchase price of a yacht to be deducted when used for business purposes”, the ...
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SeaVee Boats consolidates facilities, doubles manufacturing space
In an effort to improve efficiency and meet demand, SeaVee Boats is consolidating its Miami, Florida facilities into one campus with a new 220,000sq ft manufacturing facility located on 10 acres in nearby Medley.