All USA articles – Page 146
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NewsYamaha Motor reinforces commitment to US workforce development
Yamaha Motor reinforced its commitment to workforce development in its US manufacturing plants during a visit by US Secretary of the Interior David Bernhardt to the company’s Newman, Georgia campus.
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NewsMillions in damage for Alabama marina, many face insurance woes in the wake of Hurricane Sally
Hurricane Sally’s final financial toll has yet to be calculated, but is expected to be in the billions, as exampled by just one Alabama marina that suffered millions in damage and others may face insurance hassles due to the storm’s sudden, unexpected turn to the east. Nearly 100 boats lay ...
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NewsAirmar appoints marine product line manager
Brian Vlad has joined US-based transducer manufacturer Airmar Technology Corp as marine product line manager.
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NewsDraco Boats expands US dealer network
Draco Boats, the Norwegian motorboat brand built by Windy Scandinavia AB, is expanding its dealer network in the US together with sole importer and distributor Navic LLC.
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NewsInternational boating community urges US, EU trade officials to remove tariffs on boats
Three marine industry associations – the National Marine Manufacturers Association (NMMA) in the US, the global International Council of Marine Industry Associations (ICOMIA) and European Boating Industry (EBI) – sent a letter to US and EU trade officials last week, urging them to reach an agreement that removes the EU’s ...
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NewsPure Watercraft secures US$23m in Series A funding
A Pure Watercraft electric outboard motor Seattle-based Pure Watercraft, maker of electric marine propulsions systems, has secured US$23.4m in Series A funding led by San Francisco venture capital and private equity firm L37. Pure Watercraft will use the funds to “scale operations from beta to broad commercialization,” ...
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NewsNew company relaunches Pantera brand
US-based Pantera Boats Inc announced today that as a result of a series of business transactions and agreements endorsed and sanctioned by the Miami-Dade County Circuit Court, the company, as successor-in-title, has acquired all moulds and related intellectual property including trademarks, designs and copyrights, clearing the way for the relaunch ...
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NewsEdmiston expands US office network
International superyacht services business Edmiston has expanded its presence in the US with the opening of a new branch in Newport, Rhode Island.
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NewsMercury Marine to offer outboards on select Sportsman models for the first time
Mercury Marine, a division of Brunswick Corp, is to offer Mercury outboard engines – including the 350 and 400 Verados and other high horsepower Mercury outboards – for the first time on nine Sportsman models beginning on November 1.
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NewsPardo Yachts Miami relocates
Pardo Yachts Miami LLC, the Italian builder’s representative for the Americas and exclusive dealer for Florida, has moved to a centrally located office loft at 64 NW 54th St in the Wynwood Design District of the Little Haiti area.
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NewsCompX shares soar 21% at Friday’s close
CompX International, whose holdings include Livorsi Marine and Custom Marine Inc (CMI), saw its stock jump slightly more than 21% to close at US$16.95 at the end of trading on Friday 18 September.
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NewsHarken Inc gets new owners
Harken Inc, the US-based deck hardware manufacturer, has been acquired by its employees. The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum.
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VideoIBI speaks with Mercury President Chris Drees
IBI North American correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine Division, about how the company is managing booming demand, particularly in the US market, including the addition of more capacity; the split of OEM vs. dealer sales; and how to create ‘excitement’ in a virtual ...
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VideoIBI interview with Mercury’s Chris Drees (trailer)
In the latest installment of the IBI Interview series, IBI North America correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine business about market conditions, new product introductions and the challenges of managing a global manufacturing and supply footprint through the Covid-19 crisis. IBI plus subscribers, can ...
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NewsHurricane Sally destroys or damages marinas and boats along its path
While now a tropical depression dumping massive amounts of rain, Hurricane Sally came ashore near Gulf Shores, Alabama on Wednesday, taking some by surprise and leaving boats strewn well inland or sunk at the dock. At least one marina was severely damaged and at least one man is missing. Earlier ...
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NewsOXE agrees major order but scales back on 2020 growth forecast
Swedish diesel outboard engine manufacturer OXE Marine has signed a letter of intent with current central and southwest US distributor Diesel Outboards LLC (part of the Outdoor Network group) to expand ODN’s distribution territory to also cover southeast US. ODN’s expanded territory will include Florida, which according to OXE representants ...
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NewsVIVIC signs US$100m contract for development of electric yacht
VIVIC Corporation will be developing a US$100m smart electric yacht manufacturing project with the Quanzhou Taiwanese Investment Zone Management Committee. The 33-acre site in China will include a production plant and what a company news release describes as “an exhibition centre for electric yachts”. The company said it has completed ...
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NewsUS rescinds latest 10% tariff on Canadian aluminium
The new tariff announced on August 16 was withdrawn late Tuesday, hours before Canada was to implement its own $3.6bn in retaliatory levies
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NewsUS business owners increasingly optimistic – Wells Fargo
Q3 study highlights improved future outlook in spite of continuing near-term Covid-19 headaches
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News
Judge declares yacht ownership suit “a mess”
A federal judge in Miami, Florida who has declared the ownership lawsuit over a US$1m yacht “a mess” is allowing a local business which has procession of the boat to keep it temporarily, and has further suggested federal investigators may want to intervene. It all began in April, when brothers ...
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