Interview with Yamaha University instructor Noel Osborne
February 28, 2005
Noel Osborne is a retired boat dealer. He ran dealerships in New Jersey and Pennsylvania before moving on to Florida, where his son now operates his former business. Since “retirement” Osborne has returned to his roots with one mission: to help dealers improve their businesses. Through a position... Read more »
US Marine makes its turnaround
February 25, 2005
Lost in all the industry talk of the dumping debate, Verado engines, vertical integration and a decline in the company’s aluminum boat sales has been an enormous success story for Brunswick – the turnaround of the US Marine division’s business. In the late 90s, business took a turn... Read more »
Teleflex reports 4Q and year-end results
February 25, 2005
LIMERICK, Pa. – Fourth quarter revenues for marine steering, control and electronics components manufacturer Teleflex Inc., increased 18 percent, to $669.6 million, compared to $569.1 million for the same period in 2003, the company reported in a release yesterday. The revenue increase included... Read more »
NMMA backs legislation to change LHWCA
February 25, 2005
WASHINGTON – The National Marine Manufacturers Association is applauding the introduction of H.R. 940 – the Recreational Marine Employment Act – in the House of Representatives, Feb. 17, by Congressman Ric Keller (R-Fla.), NMMA said in a release yesterday. “RMEA would amend the Longshore... Read more »
New teak installing and servicing company formed
February 25, 2005
MIAMI – Canada’s Teak Marine Products Inc., and Florida’s Port Royal Group Inc., have formed Teak Marine Products USA LLC, a new company that will be the exclusive U.S. installing and servicing distributor for the Teak Marine line of pre-fabricated teak decking, interior flooring and... Read more »
Dometic reorganizes management
February 25, 2005
POMPANO BEACH, Fla. – Frank Marciano, president of Dometic Corp.’s Environmental Systems group, which makes marine air conditioners and refrigerators, said in a release today that the company has reorganized its management team. Lou Siegel has been appointed to the newly created position... Read more »
New legislation would boost Wallop-Breaux
February 25, 2005
WASHINGTON – U.S. Senators Trent Lott (R-Miss.) and Herb Kohl (D-Wis.) recently introduced legislation to restructure the Aquatic Resources Trust Fund, also known as the Wallop-Breaux Trust Fund, to distribute the proceeds more equitably, the National Marine Manufacturers Association said in a... Read more »
Clean Seas Co. consolidates Florida locations
February 25, 2005
JACKSONVILLE, Fla. – In a move to streamline operations, Clean Seas Co. has consolidated its Jacksonville, Fla., locations into one facility. The company has moved into a new headquarters just north of ALLTELL Stadium, the site of Super Bowl XXXIX, Clean Seas said in a release yesterday. “With... Read more »
Brunswick sells MarineMax stock
February 25, 2005
LAKE FOREST, Ill., – Brunswick Corp. has completed the sale of its 1,861,200 shares of MarineMax, Inc. common stock, made pursuant to a registered public offering by MarineMax, Brunswick said in a release Wednesday. Proceeds from the stock sale totaled nearly $57.6 million pre tax, net of $3.4... Read more »
NMMA asks for tax reform comments
February 25, 2005
WASHINGTON – The National Marine Manufacturers Association is encouraging its members to provide feedback and ideas that will improve upon the existing tax system, NMMA said in a recent release. Former Florida Senator Connie Mack, chairman of the President’s Advisory Panel on Federal Tax... Read more »
