All USA articles – Page 335
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US Congressmen introduce legislation that would limit tax deduction for yacht owners
Three Midwestern Congressmen say they want to undo a "subsidy" for luxury yachts, but the NMMA said such an action could harm the industry
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Yacht sales tax cap causes consternation in Texas legislature
A bill that would put a ceiling on sales taxes for yachts above US$250,000 is moving ahead, but some legislators outraged as the state cuts billions from schools and social services
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US manufacturing expands for 21st consecutive month
But commodity prices continue to put pressure on manufacturers
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KVH posts lower sales and net loss
Citing weaker sales to boating and RV markets, the electronics manufacturer lowers 2011 guidance
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Marquis Yachts reports strong growth in China
The US boatbuilder has announced rapid distribution growth and strong retail sales
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MarineMax reports gain in sales, loss narrows
CEO McGill: "Second consecutive quarter of improving business trends"
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Brunswick reports 17 per cent gain in Q1 sales
The US conglomerate expects a profitable second quarter, with losses for the second half of the year
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West Marine raises 2011 guidance on higher Q1 sales
The company forecasts net revenues for 2011 to range from US$634m to US$640m
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Connecticut marine industry gains concessions on proposed taxes
Most of the tax proposals were jettisoned by legislators, but Connecticut trade officials say its sales tax drives business to neighboring Rhode Island
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Scout Boats adds “build-a-boat” feature to website
The feature allows consumers to price Scout models with specific options
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Marine Products Corp. swings from loss to profit
Sales for its first quarter were up 11 per cent
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NMMA: “The industry remains alive and well”
Figures from its annual Recreational Boating Statistical Abstract found boaters took to the water last year in "record numbers"
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US powerboat sales fall in March
Retail sales off about 12 per cent in 12-month year-over-year basis
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US marine bankers report rising loan volume in Q1
About 90 per cent of the respondents expect the second quarter to be stronger than the same period a year ago
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Cummins reports jump in Q1 sales and income
Sales up 56 per cent to US$3.9bn, while net income more than doubles
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Husson University to drop support of The Boat School in Maine
Yacht builder David Marlow had earlier expressed interest in using students as apprentices in a boat refit center he has proposed for the local waterfront
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US EPA proposes no-discharge rule for Long Island Sound
The rule would prohibit boaters from dumping gray or black water from boats
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BoatUS calls on members to battle proposed boating taxes in Connecticut
The boat owners association says the taxes could have a “significant impact” on recreational boating
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