MarineMax records Q1 net loss
January 31, 2012
CLEARWATER, Fla. – MarineMax reported today that revenue for the first fiscal quarter of 2012, which ended Dec. 31, was $91.8 million compared to $92.2 million in the same quarter of last year. Same-store sales were up 2 percent in the quarter compared to an 8 percent decrease in the same quarter... Read more »
Consumer confidence declines slightly
January 31, 2012
NEW YORK CITY – The latest figures from The Conference Board show that after two months of improvement, consumer confidence fell 3.7 points to 61.1 in January. The index reached 64.8 in December after two consecutive months of improvement. The Present Situation and Expectations Indices both declined... Read more »
Strictly Sail Chicago reports slightly lower attendance
January 31, 2012
CHICAGO – Attendance at the Progressive Insurance Strictly Sail Chicago was steady and sales were strong, according to organizers, despite a 1-percent decline in visitors this year. According to the National Marine Manufacturers Association, which produces the show, 15,286 visitors came to Navy... Read more »
Louisville Boat, RV & Sportshow sees dip in attendance
January 31, 2012
CHICAGO – The Progressive Insurance Louisville Boat, RV and Sportshow brought in 35,535 people over the five-day show, down 6 percent compared to 2011. Despite fewer attendees, dealers told the NMMA that they were closing more sales and generating more leads in 2012 than during the 2011 show, with... Read more »
Seakeeper appoints new field service manager
January 31, 2012
CALIFORNIA, Md. – Seakeeper recently announced the appoint of Steve Shaw as the company’s newest field service manager this week, citing a growing marketplace for the company’s products. Shaw, a U.K. native, has 16 years of experience in the U.S. marine industry, including recently... Read more »
Jacobs, Genmar insiders challenge trustee lawsuits
January 30, 2012
MINNEAPOLIS – Irwin Jacobs and several Genmar insiders named in lawsuits filed by Charles Ries and his attorney late last year are challenging the suits, claiming that the company remained solvent at all material times prior to its bankruptcy filing, according to an article in the St. Paul Pioneer... Read more »
Palm Beach Boat Show reaches agreement with city
January 30, 2012
WEST PALM BEACH, Fla. – The city of West Palm Beach and Yachting Promotions announced today that the 2012 Palm Beach International Boat Show will go on as scheduled despite an earlier dispute over damage to the city’s waterfront. The terms of the resolution were not disclosed. Three groups:... Read more »
MRAA announces support for American Boating Congress
January 30, 2012
BOCA GRANDE, Fla. – The Marine Retailers Association of the Americas reported today that it is responding to an industrywide call for greater support of the American Boating Congress and will not only host a full board meeting at this year’s event and attend the event as one large group, but will... Read more »
IMP appoints new VP of manufacturing
January 30, 2012
ANGOLA, Ind. – Indiana Marine Products recently appointed Tyler Winright as the company’s new vice president of manufacturing. Winright joins IMP with experience in operations, including quality and lean manufacturing systems design and implementation, and 10 years experience in the marine... Read more »
Yacht builder to bring jobs to Northern Wisconsin
January 30, 2012
STURGEON BAY, Wis. – The sale of two large Palmer Johnson yachts in the past 60 days will allow the company to create at least 100 new jobs in Sturgeon Bay, Wis., according to the Door County Advocate. “We’re very happy for the community of Sturgeon Bay. We are continuing to build a... Read more »
