New yacht tax bill to hurt Calif. marinas?
July 30, 2004
SACRAMENTO, Calif. – Democrats and Republicans have compromised over how to change the legislation that currently allows yacht purchasers to avoid sales tax by keeping the vessels out of the state for 90 days, reported the Ventura County Star in an article today. Some estimate that this decision is... Read more »
Illinois increases boat accident penalties
July 30, 2004
SPRINGFIELD, Ill. – Under legislation signed into law on July 12, those who leave the scene of a boating accident can expect to receive more serious penalties than in the past, according to a recent article in the Pioneer Press. Now, leaving the scene of a boat accident is a Class A misdemeanor. If... Read more »
Sierra expands partnership with Seloc Publishing
July 30, 2004
LITCHFIELD, Ill. – Sierra International, a marine engine and drive parts manufacturer, has signed an agreement to become the exclusive marine distributor of the SelocPro electronic dealer software program with West Chester, Pa.-based Seloc Publishing, the company reported in a statement today. SelocPro... Read more »
Mallory Marine Products to offer new parts and labor warranty
July 30, 2004
CLEVELAND, Ohio – Mallory Marine Products is now offering a two-year limited warranty covering parts and labor for dealer-installed Mallory Marine products, it reported in a recent statement. “Customer satisfaction is the key to retaining current boaters and growing our industry”, said Jim Self,... Read more »
Dickie Walker Marine pursues private placement financing
July 30, 2004
OCEANSIDE, Calif. – Dickie Walker Marine, Inc. (DWMA) has sold 24 units, each consisting of 9,375 shares of common stock, one $12,500 promissory note, with interest payable at 8 percent per annum over a three-year term, and 5,000 30-month warrants to purchase common stock at $2.10 per share, it reported... Read more »
ICOA launches new marina hot zone
July 30, 2004
WARWICK, R.I. – ICOA, Inc. (OTCBB: ICOA), a provider of marine Wi-Fi services on the West Coast through its iDockUSA dvision, has launched a new marina hot zone at the Golden Gate Yacht Club in San Francisco, it reported in a statement Wednesday. The new hot zone provides 802.11 broadband wireless... Read more »
TowBoatU.S. expands presence on Lake Michigan
July 30, 2004
NORTH SHORE and ILLINOIS WATERWAY, Ill. – BoatU.S., an on-the-water towing service for recreational boaters, has expanded its TowBoatU.S. operations on the southern end of Lake Michigan and on the Illinois Waterway, it reported in a statement yesterday. Capt. Jack Manley of Chicago Marine Towing, owner... Read more »
Gill signs supply agreement with U.S. sailing teams
July 30, 2004
BUFORD, Ga. – Gill North America (NA) has signed an agreement to become the official technical apparel supplier of the US Sailing Team, which will be competing later this summer in the Olympic Games, and for the US Disabled Sailing Team, competing in the Paralympic Games, it reported in a recent statement. Both... Read more »
Marine Mover: Nick Bischoff promoted at Allied Richard Bertram Marine Group
July 30, 2004
FORT LAUDERDALE, Fla. – Allied Richard Bertram Marine Group has promoted Nick Bischoff to the position of executive vice president of Sales and Marketing, the company reported in a statement today. Bischoff, who has been with the company since 2002, was most recently head of ARB’s Tiara Sales... Read more »
Brunswick expects growth to continue
July 29, 2004
LAKE FOREST, Ill. – Acquisitions were part of what drove boating industry giant Brunswick Corp. (NYSE: BC) to achieve a 68-percent increase in net earnings on 33-percent sales growth and a 60-percent improvement in operating earnings for the second quarter of 2004. However, even after excluding acquisitions... Read more »
