All USA articles – Page 356
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West Marine reports 8 per cent increase in Q2 sales
The company saw an increase of 8.4 per cent in same-store sales
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Everglades Boats expands dealer network
The US fishing boat manufacturer has reported its largest-ever influx of new dealers
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Marquis Yachts makes key promotion
Erik Nelson, director of sales and service at Marquis Yachts, has been promoted to VP of sales and marketing
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Latitude Industries posts record revenues
The Florida builder shipped four boats, and took an order on a fifth boat
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Former Palmer Johnson shipyard purchased for US$10m
An oil company buys the Savannah yard, but with no firm plans for yacht facility
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ZF Marine LLC opens new Technical Training Center
The Florida center trains North and Central American dealers on ZF Marine products
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Burger Boat Company warns state of possible layoffs
Company president 'We're in good shape, so this warning could be a moot'
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Knight & Carver takes delivery of new dry dock
Named 'Diligence', the new dry dock can accommodate vessels of up to 122m (400ft) in length
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Rudeen Beckett named editor of Southern Boating
The veteran boating writer will also edit Marine Business Journal
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The interview | Jim Ruffolo
The head of Burger Boat explains how team building has kept the US yard strong
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World news focus | US stocks: Swimming in red ink, soaring share prices
After a year of financial losses, share prices for Brunswick and MarineMax are skyrocketing. Does that signal an industry-wide recovery in Wall Street’s eyes, or just survival of the fittest?
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BUSINESS REPORT | US: Picking up the pieces
The US aftermarket is down but still healthy. But OEM suppliers are struggling. Some see no relief in sight, while others are getting orders for the first time in months
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BUSINESS REPORT | US: Wind Power or Hot Air?
With a boom expected in renewable energy next year, several boat builders have entered the wind blade business. But nobody’s expecting a smooth ride
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BUSINESS REPORT | US: The colour of money
A year after the global financial meltdown, credit still remains a problem at both retail and wholesale levels. Some estimate a quarter of US dealers have left the industry, with more to follow. “This is the great shakeout,” says one dealer
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BUSINESS REPORT | US: Bucking the Trend
Three equipment companies are showing positive growth during the downturn
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BUSINESS REPORT | US: Bouncing along the bottom
Boatbuilders have taken a huge hit this year. Many have slowed production to a crawl, or gone into hibernation, to clear inventories. The common opinion: the new-boat market has bottomed out, but the industry will be much smaller when the recovery finally comes
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World news focus | New US builders: New faces in hard times
A half-dozen new boat brands enter the market during the longest-ever downturn in new boat sales. Do they stand a chance?
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World news focus | Commerical sector potential: God, Country and Fast Boats
While some US recreational builders are turning to the government/commercial sector as a lifeline to lacklustre sales, many industry veterans warn that new companies could be entering mined waters
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World news focus | US loan market: Credit crunch to crisis?
KeyBank’s announcement last month that it would be exiting the consumer boat loan business is a major blow for US dealers, cutting their available loan source just as credit requirements are ratcheted up. The move has already forced some to pull the plug
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BUSINESS REPORT | USA: Equipment - Trading Places
Ocean Equipment and Imtra are both using a European-style distribution model to grow their businesses. Will it work for other US companies?
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