All USA articles – Page 156
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America’s Boating Club launches weekly online magazine show
The volunteer-run America’s Boating Club, also known as United States Power Squadrons, has launched a new weekly online magazine show as part of its boating video and boater education digital media channel. America’s Boating Channel LIVE was created by volunteers to help recreational boaters cope while sheltering during the Covid-19 ...
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Century Boats sold to PE firm
Private equity firm Sorfam Capital today announced that it acquired Century Boats in the middle of March for an undisclosed sum.
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RV analyst sees no economic improvement before 2021
The recreational vehicle (RV) market in the US should bottom out during the current second quarter, but the industry faces a “long and bumpy road” to an economic recovery that won’t be seen before 2021 at the soonest, according to the industry’s leading analyst. The RV and recreational boating industry ...
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Marinas, boat yards and boat plants re-open in three US states
On Saturday the governors of three US states announced the reopening of marinas, boat yards and marine manufacturing businesses that have been shut down for weeks as part of lockdowns related to the ongoing Covid-19 pandemic On Saturday the US leisure boating industry received a serious boost ...
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Polaris donations support ‘Goggles for Docs’
Nearly 1,300 Goggles Donated to Help Address Protective Eye Equipment Shortages Across the U.S.
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Three boat brands fall victim to coronavirus as Polaris ends Indiana boat production
Polaris has discontinued production of three of its boat brands and will be shuttering the Syracuse, Indiana plant where they are made.
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ABYC updates USCG guide, solicits input for future standards updates
Standards updates applicable to all companies building boats for the US market
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Correct Craft producing PPE
Just one week after its Florida operations were curtailed due to the COVID-19 pandemic, Correct Craft is beginning to produce Personal Protective Equipment (PPE) at its facilities there and in California.
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Pier One, Seahorse merge
Seahorse Marine has become the seventh Florida brokerage firm in as many years to merge under the Pier One Yacht Sales banner
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Lippert execs take pay cut, trim jobs, create emergency fund
American equipment maker Lippert Components announced further measures the company is taking to weather the Covid-19 storm including salary reductions, job furloughs, and emergency funding for employees impacted by the crisis. The company said it would ‘pause’ on acquisition activity aimed at diversification, but continue to invest in technology
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NMMA announces 23 layoffs, discontinues export development program
Further to today’s IBI News Flash entitled ‘Layoffs at NMMA’, the US trade association has just released the following email to its member companies. Dear NMMA Member, I hope you and your family are well and remaining healthy. Over the past month, the NMMA team has been working closely with ...
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Twin Disc reducing salaries, staff to combat COVID-19
Twin Disc, the maker of marine and off-highway power transmission equipment, has announced a series of…
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Greenwood named to head Suzuki Tech Center
Industry veteran David Greenwood has worked at Suzuki for 34 years
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Layoffs at NMMA
The National Marine Manufacturers Association (NMMA) in the US is dismissing more than 20 staff members effective immediately as a result of COVID-19, IBI has learned from international sources. The positions appear to be at all levels throughout the organisation. An official announcement is expected in the coming hours. The ...
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Maverick Boat Group adapts to remain operational
Maverick Boat Group (MBG) continues to build its four brands at two locations in Fort Pierce, Florida, despite the challenges of producing product under the rules of engagement with the COVID-19 virus, and company CEO Scott Deal went to Facebook on Friday to make it clear.
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Marine lenders working with boaters/dealers, independently
A call for US marine lenders to temporarily postpone boat loan payments is being answered, but not collectively or formally, according to bankers involved in both consumer and commercial boat loans. National Marine Lenders Association president John Haymond – a Sr VP of Business Development with Medallion Bank – told ...
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Fairline appoints sales manager for the Americas
The UK’s Fairline Yachts has appointed Steve Leeson as sales manager for the Americas.
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Marine manufacturers seek out production opportunities
US marine manufacturers large and small continue to look for opportunities to aid in the fight against the COVID-19 pandemic while keeping people safe and working.
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MarineMax expects Q2 revenues equal to or above 2019
America’s largest boat retailer announced expected revenues for its second quarter ending 31 March of $303 to $308 million, along with further insights on how the Cornovirus is affecting the company
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Some US boat dealers note sales uptick despite Covid-19
Interest rate cuts and low fuel prices said to drive interest in boating as a means of social distancing