Housing market continues to drive industry woes
July 31, 2007
MIAMI – The most recent boat registration data suggests that 2007 might be slightly worse than earlier data may have led the industry to believe, according to Info-Link, which has updated its Bellwether Report through June. “Unfortunately, the moving averages with June included have painted a slightly... Read more »
NMMA issues Action Alert on boat permits
July 31, 2007
CHICAGO – The National Marine Manufacturers Association has issued an Action Alert message to its members calling on them to send letters to the Environmental Protection Agency protesting a proposed permitting program the agency is poised to begin developing. The new permit program would regulate gray... Read more »
MAATS exhibitors and buyers report healthy business
July 31, 2007
CHICAGO – The 2007 Marine Aftermarket Accessories Trade Show, held July 18 to 20, attracted 1,950 attendees to the Las Vegas Hilton Hotel & Convention Center, organizers said in a press release today. This represents a slight decrease in attendance from the previous year. The National Marine Manufacturers... Read more »
Twin Disc reports record sales
July 31, 2007
RACINE, Wis. – Twin Disc, Inc. has reported record sales and net earnings for fiscal 2007, the marine equipment manufacturer reported in a release today that covered its financial results for the fiscal 2007 fourth quarter and fiscal year ended June 30, 2007. Sales for the quarter ended June 30, 2007... Read more »
Volvo Penta announces record operating margin, increased sales
July 31, 2007
CHESAPEAKE, Va. – Volvo Group, parent company to Volvo Penta, announced recently that its engines and recreational power systems division realized a record second quarter operating margin. The operating margin, of 13.8 percent was Volvo Penta’s highest-ever, as profits for the second quarter were... Read more »
Florida school to host service expo
July 31, 2007
CANTON, Ga. – The Association of Marine Technicians has entered into a joint agreement with WyoTech in Daytona Beach, Fla., to host its annual trade show and convention on the school’s campus, AMTECH said in a recent release. The National Marine Service Expo trade show has been held annually in... Read more »
Aluminum Chambered Boats to build new facility
July 31, 2007
BELLINGHAM, Wash. — Aluminum Chambered Boats has announced plans to build a new manufacturing facility in Ferndale, Wash. Jansen Inc., with whom the company has signed a letter of intent, will provide ACB with a turn-key 190,000 sq. ft. manufacturing facility plus a separate 10,000 sq ft. general... Read more »
Nineteen more manufacturers are certified
July 31, 2007
CHICAGO – Nineteen additional boat manufacturers recently became officially certified under the National Marine Manufacturers Association’s Boat/Yacht Certification program, NMMA reported in a release yesterday. The following manufacturers recently earned the “NMMA Certified” designation for... Read more »
Raymarine names sales VP
July 31, 2007
MERRIMACK, N.H. – Raymarine, Inc. has hired Dave Bimschleger as its new senior vice president of sales, the company said in a press release Friday. Bimschleger brings more than 27 years of experience in consumer products and business to business sales to the Raymarine team. Most recently, Bimschleger... Read more »
Airmar adds two to its product development department
July 31, 2007
MILFORD, N.H. – Airmar Technology Corporation recently added Kenneth Rolt and Shoko Yoshikawa to its product development department, the company said in a statement yesterday. “Growth in the marine electronics business depends on new product innovation and staying ahead of the technology curve,”... Read more »
