All USA articles – Page 175
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Tariffs take toll on US firms
How two very different boating companies are impacted in different ways by the Trump administration’s tariff on Chinese goods
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US boat trailer manufacturer expands production
Magic Tilt, a US builder of marine trailers, has expanded its production facility in Clearwater, Florida by adding an additional six-bay, 8,000sq ft building for trailer service, set-up and stacking purposes.
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US drops Section 232 tariffs against Canada, Mexico
Friday afternoon’s announcement that the US government has rescinded its Section 232 tariffs on aluminium and steel imported from Canada and Mexico, and the corresponding removal of Mexican tariffs on US-made boats, are being interpreted as key steps toward ratification of a new free-trade deal to replace the 25-year-old North ...
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Brunswick’s Freedom Boat Club purchase to ‘shape the future of boating’
Brunswick Corp’s acquisition late last week of Freedom Boat Club (FBC) was “rooted in foresight and where we believe the consumer is going.”
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First time’s a charm for ABC attendees
The record number of attendees at last week’s American Boating Congress (ABC) included an historic high of 86 first-time attendees to the event, ranging from industry veterans, advocacy groups like Captains for Clean Water, and even people from outside the boating business.
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NMMA names new president
The National Marine Manufacturers Association (NMMA) in the US today announced that Frank Hugelmeyer is to succeed Thom Dammrich later this year as its new president. Dammrich led the NMMA for 20 years and announced his retirement in 2018.
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Trump officials indicate what’s good for boating is good for the nation
Two members of President Donald Trump’s Cabinet told the boating industry Wednesday that the administration is aware of the importance boating is to the US economy and vow to continue to work with industry on everything from deregulation and expanding trade to boating access and programs to get kids outdoors ...
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Safe Harbor acquires 80th US property
Safe Harbor Marinas in the US has purchased New England Boatworks (NEB) in Portsmouth, Rhode Island, bringing to 80 the number of properties the Dallas, Texas-based company owns in 18 states and making it, the company claims, the “largest and most geographically-diversified owner and operator of marinas in North America.”
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Aggressive advocacy strategy paying off for US boating industry
When Thom Dammrich started as President of the National Marine Manufacturers’ Association (NMMA) 20 years ago, industry advocacy was a necessary evil, almost an afterthought. But two years ago, a decision to switch from defense to offense, and the subsequent action to do so, has paid off is some very ...
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Trade talks dominate American Boating Congress
As a record more than 350 recreational marine industry professionals opened the 2019 American Boating Congress (ABC) in Washington, DC, yesterday, the trade war between the US and China escalated, the stock market tumbled and confusion about who pays tariffs on imported goods reigned.
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Oregon bill creating access permits for non-motorised vessels moves closer to passage
The Oregon Joint Committee on Natural Resources has passed Senate Bill 47, which would create a new access permit for non-motorised vessels that incorporates the State’s aquatic invasive species permit and broadens its use by creating a waterway access fund.
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American Boating Congress opens today
More than 300 members of the marine industry – from manufacturers to marina operators to standards-setting organisations – descend on Washington, DC today for the American Boating Congress (ABC); three-days of educating Congress about government issues and policies and their impact on the marine industry.
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KAM Marine acquires Northport Bay Boat Yard
KAM Marine is broadening its reach in the upper mid-West US with the purchase of Northport Bay Boat Yard on Lake Michigan’s Grand Traverse Bay.
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Drees: perfectly positioned for Mercury presidency
One month into his role as president of Mercury Marine, Chris Drees reports the transition is going smooth thanks to the team and his tenure with the company.
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Brunswick to sell Life Fitness division
In a move to solidify its position as a pure marine company, Brunswick Corp announced it has entered an agreement with the private investment firm KPS Capital Partner LP for the sale of its Fitness division for US$490m.
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Canada’s tariff concession just part of the plan
The Canadian government’s lifting of retaliatory tariffs on boats manufactured in the US was welcomed and appreciated by both countries’ boating industries, but it was no accident according to one official involved in the process.
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Higher Q2 revenues, profits for Johnson Outdoors
Higher revenues and operating profits highlighted second-quarter results for Racine, Wisconsin-based marine equipment manufacturer Johnson Outdoors Inc.
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Mercury Marine breaks ground on US$17m propeller expansion
Mercury Marine has broken ground on a 30,000sq ft, US$17m addition to its propeller casting facility in Fond du Lac, Wisconsin that will nearly double the current capacity for stainless steel propeller production.
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Canada rescinds 10% tariff on US-made boats
Removal of retaliatory tariffs seen as a critical first step toward elimination of US section 232 tariffs and ratification of USMCA trade agreement
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US senator links end to aluminium & steel tariffs to passage of USMCA
Charles Grassley calls for the end to the Section 232 aluminium and steel tariffs targeting Mexico and Canada