All USA articles – Page 175
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Double-digit sales success for Maritimo at FLIBS
Australian yacht-builder Maritimo has reported double-digit sales at this year’s Ft Lauderdale International Boat Show (FLIBS), resulting in a strong end to a year in which the brand set out to strengthen its presence in the US market.
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US Senate spending bill includes boating industry priorities
The United States Senate last week passed a package of appropriations bill that includes funding for some of the recreational boating industry’s top priorities. The move allows members of the Senate and House to meet in conference committee to negotiate a resolution to the differences in spending bills passed by ...
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Weatherford Capital makes third multimillion-dollar investment in Safe Harbor
Safe Harbor Marinas has received a US$41m infusion of cash from Weatherford Capital, the third multimillion-dollar investment from the Tampa, Florida-based private equity firm since 2017.
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Entry deadline set for Minneapolis Boat Show Innovation Awards
Exhibitors have until 20 December to submit entries for the 2020 Minneapolis Boat Show Innovation Awards. The awards will be presented during the Sneak Peek Evening on Wednesday 22 January in the show’s lifestyle feature booth.
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Malibu Boats releases strong Q1 results
US-based boatbuilder Malibu Boats Inc reported strong first quarter results today, noting year-over-year gains in sales, profits and net income.
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Nominations open for Alan J Freedman Award
The National Marine Manufacturers Association (NMMA) in the US has opened the nomination process for the 2020 Alan J Freedman Memorial Leadership Award, recognising individuals who have made outstanding contributions to the marine accessories industry.
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Safe Harbor adds 90th marina
Safe Harbor Marinas’ acquisition streak hasn’t seemed to slow any, as the Dallas, Texas-based marina network operator added a second property in as many months to its portfolio.
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Mixed Q3 results for Lippert Industries
US-based parts and components manufacturer Lippert Industries (LCI) released its third-quarter results yesterday, showing declines in its core RV OEM business being partially offset by growth in new markets including marine.
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Market Overview | USA Equipment
In spite of ongoing tariffs and trade disputes, the US marine equipment market continues to surge driven by unprecedented technological innovation
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Brunswick claims sales, share records at FLIBS
Amidst the introduction of three new boat models, Brunswick Corp says it set new sales and share records during the Ft Lauderdale International Boat Show (FLIBS).
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Beckson Marine expands OEM sales team
Beckson Marine, a US supplier of marine equipment and accessories to boatbuilders and the aftermarket, has added Mark Hanrahan to its OEM sales team. Steve Anschutz, Beckson Marine president, made the announcement last week.
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F3 Marina breaks ground on “giant boat vending machine”
Two-years in the making and just a few months behind its original aggressive schedule, F3 Marina has broken ground on what will be the second fully-automated dry stack marina in the US.
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International emissions regs could hurt large diesel yachts, jobs
The International Maritime Organization’s (IMO) emissions regulations scheduled to take effect in 2021 could force diesel-powered yacht producers to stop building their larger vessels, which could mean a loss of jobs without a delay in implementation, according to the leadership team at Viking Yachts.
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FLIR reports mixed bag for Q3
FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.
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Volvo Penta Americas president to retire
Volvo Penta Americas president Ron Huibers has announced that he will retire, effective January 1, 2020.
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Executive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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Marquis unveils revamped line, Lexus LY 650 at FLIBS
The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.
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Beneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...