All USA articles – Page 8
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News
Executive appointments at MJM Yachts
US yacht builder names Industry Veterans Matt Saloom and Brent Brewster as COO, CFO respectively
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Twin Disc up 23% in FQ2
Veth products continued to expand to record levels in response to strong demand and new orders within the North American market
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Boston Boatworks files for bankruptcy
US boatbuilder seeks Chapter 11 creditor protection in effort to reorganise business operations
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Record year for Xylem
Rule, Jabsco and Flojet parent posts record full year revenues on strong Q4 for positive momentum carrying into 2025
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Brunswick’s take on tariffs and US business prospects
Company allows $30m-$40m in incremental tariff costs if levied
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With bated breath, Europe waits for US tariffs to land
The EU has cautioned President Trump that it will “respond firmly” if the American sanctions are “targeted unfairly or arbitrarily”
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Lower Q4 revenues offset by higher profits for Hubbell
US electrical equipment manufacturer posts higher 2024 revenues, earnings on strong Q4 performance
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Cummins Q4 revenues dip 1%, full year revenues flat
US engine builder records strong sales in ‘transformative’ year
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Lookout signs new OEM supply deal with Life Proof Boats
AI-enabled navigation system to be offered as an option on full line of aluminium RIBs
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Losses continue for Johnson Outdoors
Revenues down 22%, US$15m net loss reported in “disappointing” first quarter
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MarineMax expands Florida Keys marina portfolio with new acquisition
Marathon, Florida-based Shelter Bay Marine purchase designed to expand higher margin business operations
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Trump trade war begins
Manufacturers brace for impact as US president imposes 25% tariff on all goods from Canada and Mexico, in addition to new 10% levy on all goods from China
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ABYC publishes revised gasoline fuel systems standard
New H-24 standard recognised by US Coast Guard as equivalent to federal regulations
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Viking Group opens Valhalla Yacht showroom and service centre
Located next to the Viking Yacht Service Center in Riviera Beach, Florida, the combined facility will create one of the largest outboard boat sales and service centres in the US
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Caterpillar reports record full-year profits per share in 2024 despite revenue declines
Higher marine revenues in Q4 offset lower locomotive sales in Energy and Transportation segment
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Rebuild of St Petersburg Yacht Club marina completed
US marina’s ageing docks replaced with floating concrete solution from SF Marina
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Finnmaster Boats renews Mercury Marine partnership
Finnish boatbuilder signs OEM supply and partnership with US engine maker
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Foulkes: Brunswick boat show sales up double digits in 2025
Aggregate unit boat sales up 13% for Brunswick through early 2025 boat shows, with share gains across multiple categories
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Electrification
In-wheel electric motors offer more options for marine propulsion
As the automotive industry strives for ever more powerful electric motors for in-wheel designs, so this style of motor lends itself for outboard applications