All USA articles – Page 126
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Biden Administration confirms timing for removal of EU boat & motor tariffs
The National Marine Manufacturers Association (NMMA) reports today that the EU plans to lift retaliatory tariffs on US boats and engines on 1 January 2022
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Joint venture to invest $200m in US marinas
Integra Investments teams up with US investment firm to acquire marina assets
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Q3 revenues, profits up for KVH
Increased service offering revenues offset higher production costs on hardware associated with supply constraints
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Turning adversity into opportunity, Viking announces three new models
A 90ft Viking was developed largely to counter EU and US emissions regulations
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Miami voters reject lease for Virginia Key marina operators
Voters rejected the 75-year marina lease deal by a margin of 53% to 47%
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Advanced Systems Group names new president of the Americas
Marty Bass to replace Tom Schuessler who is retiring at the end of the year
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Lippert Components rides demand wave
US-based LCI Industries reported record sales today for its the third quarter, based on continued strong demand in the recreation space; the company’s marine business outperformed other segments
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Former Garmin sales director launches new business
Dan Soeters has formed an international network of sales and distribution specialists
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Cummins Q3 revenues up 17% to US$6bn
Engine segment revenues of near $2.6bn mark 22% YOY gain, but continuing supply constraints lead engine builder to adjust full-year guidance
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A record FLIBS for Brunswick by all measures
Demand for Brunswick’s premium boat brands continues to set the pace
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YachtCreators in $100m joint venture to offer new-build financing
US-based new-build and brokerage company partners with finance firm
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Patrick expands marine footprint
In its third marine-focused acquisition of the year, Patrick Industries has further expanded its portfolio of marine products with the addition of an audio product specialist
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US ports to begin fining shippers for container delays
California container ports accelerate ship unloading, but now running out of room as offloaded containers awaiting trucks clog the docks
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Marine sales help boost Patrick Q3 revenues by 51% to US$1.1bn
Marine segment revenues increase 85% YOY on strong organic and acquisitive growth
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Brunswick reports 5th record quarter with strong start in Ft. Lauderdale
US-based Brunswick Corporation said all of its businesses - Boats, Engines, P&A and Services – had another outstanding quarter and is on its way to closing out the most successful year in the company’s history. A Q&A session with investors provided additional details on the company’s business, and the ...
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Suzuki battling shipping issues; customer/product balance
Speaking to IBI at the Ft. Lauderdale show, engine maker Suzuki Marine discusses current opportunities and challenges in the outboard and re-power segment
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SeaDek Marine Products names new director of marketing
Sasha Tinkham to oversee all global marketing efforts
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Harris Boats redesigns Grand Mariner pontoon series
US builder introduces bold new designs and innovative technology
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Marine Products Corp Q3 sales up 10%
Sales gains offset by supply headwinds to yield flat operating profit, net income for US boatbuilder