Rebuilding begins at marina hit by Katrina
December 30, 2008
BILOXI, Miss. – Work to rebuild Point Cadet Marina in Biloxi, Miss., destroyed by Hurricane Katrina in 2005, has now begun, according to a story posted on the WLOX Web site yesterday. The $7.3 million reconstruction project, which calls for stripping and replacing all the ruined electrical wiring and... Read more »
N.J. tournament producer launches boat show
December 30, 2008
CAPE MAY, N.J. – South Jersey Events has launched the “Strictly Jersey” boat show, which it plans to host at the South Jersey Marina in Cap May, N.J., May 1-3, it reported in a recent statement. The show is “a new and unique event designed to showcase the boating industry in New Jersey” that... Read more »
IMI offers discounts on 2009 courses
December 30, 2008
WARREN, R.I. – The International Marina Institute is offering a discount of $250 off each 2009 registration for those who register between Dec. 23 and 31, it reported in a newsletter yesterday. IMI’s 2009 spring class schedule includes the following courses: Intermediate Marina Management Course,... Read more »
Northstar unveils promotion
December 30, 2008
ACTON, Mass. – Northstar, a marine navigation system manufacturer, is offering a $250 dealer installation credit combined with a $500 consumer rebate on its Northstar 8000i, it reported in a recent statement. The limited time offer is available on purchases between Jan. 1 and March 31. The 8000i,... Read more »
Honda names district sales manager and account integrity analyst
December 30, 2008
ALPHARETTA, Ga. — Honda Marine has appointed Wes Paul to the position of district sales manager and account integrity analyst, the company said in a statement Monday. Paul will be responsible for Honda Marine outboard sales in the Central and Midwestern states, as well as for internal dealer account... Read more »
Textron to exit floor plan financing biz
December 23, 2008
PROVIDENCE, R.I. – Textron Inc. plans to exit all of Textron Financial Corp.’s commercial finance business, other than that portion of the business supporting the financing of customer purchases of Textron-manufactured products, through a combination of orderly liquidation and selected sales,... Read more »
SMT introduces extended protection plans
December 23, 2008
BRANFORD, Conn. – Secured Marine Transactions has introduced a new series of extended plans covering repairs of propulsion systems and accessories on new and pre-owned boats, the company said in a release yesterday. “Repairs can run to thousands of dollars for engines, drive systems and accessories,”... Read more »
Maine boatbuilders partner on sailboat production
December 23, 2008
BUCKSPORT, Maine — Union River Boats and Lyman Morse have begun a joint venture that could lead to the Maine boatbuilders eventually producing as many as 100 boats per year, the Bangor News reported in a story yesterday. The companies hope to begin building the new design — 48-foot sailboats —... Read more »
Brunswick amends revolving credit facility
December 23, 2008
LAKE FOREST, Ill. – Marine industry giant Brunswick Corp. (NYSE: BC) and a group of financial institutions have completed amending the company’s revolving credit facility, the company reported in a statement earlier this week. In light of the current economic and credit climates, Brunswick had sought... Read more »
Yamaha and HSBC renew revolving financing contract
December 23, 2008
CYPRESS, Calif. – Yamaha Motor Corp., U.S.A., and HSBC Finance Corp.’s card and retail services business have signed a new seven-year agreement that extends their relationship through 2015, Yamaha reported in a recent release. HSBC provides revolving financing through the Yamaha Card program for... Read more »
