Funds sought for ICW dredging
December 20, 2005
ALEXANDRIA, Va. – A coalition of Intracoastal Waterway users who met last week in Savannah, Ga., have called upon Georgia’s Congressional delegation to seek federal funds to correct hazardous navigation conditions throughout the state’s 161-mile portion of the water highway, BoatU.S.... Read more »
Affluent women show strong interest in boating
December 20, 2005
CLEVELAND – More than one quarter of affluent Americans already own or are planning on buying a boat in the near future, and affluent women are nearly as interested in boat ownership as affluent men, according to the findings of a recently released survey by Key Recreation Lending. The marine... Read more »
September wholesale dollar sales up nearly 9 percent
December 20, 2005
CHICAGO – Wholesale dollar sales for the traditional powerboat segment (outboard, sterndrive, and inboard boats) gained 8.8 percent while unit volumes declined 3.1 percent in September, compared to September 2004, the National Marine Manufacturers Association revealed in its September Monthly Shipment... Read more »
EH Yachts purchases Topaz Boats
December 20, 2005
EGG HARBOR CITY, N.J. – EH Yachts, manufacturers of Egg Harbor Yachts, Davis Yachts and Predator, has acquired Topaz Boats in a move that continues its strategy of purchasing companies to help strengthen its range of sportfishing yachts. With the purchase of the Topaz line, EH adds the 32 Express... Read more »
New 231-slip marina planned in S.C.
December 20, 2005
VANCE, S.C. – A Charleston area couple will develop a 231-slip marina on Lake Marion in Vance, S.C., bringing new jobs and a $3.5 million investment to the small town, Orangeburg, S.C.’s Times and Democrat reported Sunday. Beverly and Bill Detyens told the newspaper their new Marker 79 Marina... Read more »
Mack Boring participates in Yanmar dealer program
December 20, 2005
UNION, N.J. – Mack Boring & Parts Co., is participating in the new Yanmar Marine Dealer Program to offer its customers greater support, according to a statement from the company yesterday. Utilizing this approach, the Yanmar engines distributor will continue to grow its customer service and... Read more »
Bay Breeze expands operations
December 20, 2005
TRAVERSE CITY, Mich. – Bay Breeze Yacht Charters has extended its sailing season and, effective immediately, the Grand Traverse West Bay sail and powerboat charter operation is offering yacht charters in the Caribbean, the company said in a press release Friday. Bay Breeze is arranging crewed or... Read more »
Global boat market forecasted to grow 39 percent
December 16, 2005
GRANDVILLE, Mich. – A new report from E-Composites is forecasting that global demand for recreational boats will reach $23.7 billion in 2005 and will grow at 7 percent annually to reach $33 billion in annual sales by 2010. This is equivalent to 39.24-percent growth over the next five years. The E-Composites... Read more »
Boating Industry parent company buys show producer
December 16, 2005
VENTURA, Calif. – Boating Industry magazine’s parent company, Affinity Group, Inc. (AGI), continues to build its consumer show business division with the acquisition of the consumer shows of Royal Productions, Inc., a Richmond, Virginia-based producer of 12 shows in the boat, home and garden, RV... Read more »
Marinco/Ancor parent acquires B.E.P. Marine
December 16, 2005
MILWAUKEE – Actuant Corp. (NYSE:ATU), the parent company of Marinco and Ancor, has purchased the outstanding stock of B.E.P. Marine Ltd. for approximately $8 million plus an earn-out tied to future earnings growth, the company reported in a statement today. Funding was provided from borrowings under... Read more »
