Dealer Agreement Interviews: Phil Keeter
October 29, 2004
President of the Marine Retailers Association of America, Phil Keeter, shares his insight into the issue of dealer contracts and relationships. The following is a collection of excerpts from Boating Industry magazine’s interview with Keeter. To read the article, check out the November/December issue... Read more »
Johnson Outdoors’ merger approved
October 29, 2004
RACINE, Wis. – Johnson Outdoors Inc.’s Board of Directors has approved a definitive merger agreement with JO Acquisition Corp., a newly formed entity established by members of the family of the late Samuel C. Johnson – including Helen P. Johnson-Leipold, chairman and CEO of Johnson Outdoors, the... Read more »
Boater survey delivers good news for industry
October 29, 2004
CLEVELAND – Key Recreation Lending, the marine lending division of KeyBank NA, released the results of its first survey regarding national boating trends, which offers good news for marine manufacturers, dealers and lenders, the company said in a release yesterday. The special boating survey found... Read more »
AOC/RSM to increase prices in November
October 29, 2004
COLLIERVILLE, Tenn. and HOUSTON – AOC, a supplier of resins, gelcoats and other additives to the marine industry, will increase prices by US $0.05 per pound on all unsaturated polyester resins and gel coats, and US $0.15 on all vinyl ester resins sold in the United States and Canada shipped on or after... Read more »
U.S. Interior Secretary tours Mercury Marine
October 29, 2004
FOND DU LAC, Wis. – U.S. Secretary of the Interior Gale Norton presented a “Take Pride in America” award to Mercury Marine officials in Fond Du Lac, Wis. on Tuesday after touring the company’s castings and Verado engine assembly areas, Mercury said in a release yesterday. Norton spoke for about... Read more »
Eastman’s 3Q earnings reflect improvements
October 29, 2004
KINGSPORT, Tenn. – Marine industry resin supplier Eastman Chemical Co. has released its results for third quarter 2004, reporting earnings of $0.49 per diluted share versus a loss of $4.35 per diluted share for third quarter 2003. Included in third-quarter 2004 earnings were asset impairments and... Read more »
MRAA attracts 13 sponsors for convention
October 29, 2004
OAK PARK, Ill. – The Marine Retailers Association of America has attracted 13 boating industry players as sponsors of the 2004 MRAA Convention to be held Nov. 9-11 in Las Vegas, according to a recent MRAA press release. GE Commercial Distribution Finance, Mercury Marine and the Brunswick Boat Group... Read more »
BoatVentures changes its name
October 29, 2004
VIRGINIA BEACH, Va. – Channel Blade Technologies, formerly BoatVentures, has adopted a new name to better describe the scope of the company’s business after a management buy-out from The Reynolds and Reynolds Co., which operated it since 2002, CBT said in a recent release. Financial terms of the... Read more »
IBEX wraps up, FLIBS gets underway
October 28, 2004
FORT LAUDERDALE, Fla. – The attention of much of the marine industry switched from Miami to Fort Lauderdale today as the 45th Annual Fort Lauderdale International Boat Show began on an optimistic note. Fort Lauderdale Mayor Jim Naugle presented show director Kaye Pearson with a proclamation during... Read more »
BRP embarks on layoffs, reorganization
October 28, 2004
STURTEVANT, Wis. – For the second time this year, BRP Inc. has initiated a round of layoffs in its outboard engine division as part of a restructuring, according to Dave Thompson, director of public relations and competition for the company. Through the restructuring, Roch Lambert, who was named executive... Read more »
