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Lambert calls Bénéteau acquisition a ‘perfect fit’

Roch-Lambert

By Nicholas Upton
September 18, 2014

Back in June, Bénéteau acquired Rec Boat Holdings family of brands in a move that brought Roch Lambert’s business out of the private equity limbo that began in 2010. Lambert says the process has gone very well so far. “It’s been absolutely great, the transition has been relatively smooth. Obviously... Read more »

Economic Snapshot: Builder confidence back to pre-recession levels

Housing-Starts-1212

By Brianna Liestman
September 18, 2014

This week is a mix of good and coud-be-better news, so let’s start with the great news: builder confidence in the housing market is at an eight-year high. Housing Market Index The National Association for Home Builders’ Housing Market Index increased four points to 59 in September, up from 55 in... Read more »

Profit-based marketing for the boating industry – Part Two

Profit-Marketing-Graph-Nathan-Mac

By Thaddeus Kubis
September 12, 2014

Editor’s note: Over the next several weeks, Boating Industry will be presenting a series of articles by marketing consultant Thaddeus Kubis about adapting to the changing realities of marketing to today’s consumer. Click here to read part one. In the last installment, I introduced a new concept in... Read more »

Economic Snapshot: Small business owners tread lightly amid optimism

Jobs-September-1210

By Brianna Liestman
September 11, 2014

While there is optimism among small business owners, it appears to be very cautious optimism. Even so, with readings we haven’t seen in seven years there is reason to be positive. And while little has changed for job openings from the previous month, we are seeing year-over-year growth in the number... Read more »

Study: New boat purchases up, consumers begin search with used

dmmInfolink

By Brianna Liestman
September 9, 2014

Recent data from Dominion Marine Media and Info-Link provides a sampling of current boat buyer trends, suggesting an upward trajectory in new boat purchases. Dominion Marine Media partnered with Info-Link to release a study analyzing boat purchasing trends across three of DMM’s websites. The findings... Read more »

Singleton Marine, Legendary Marine announce merger

Singleton-acquires-Legendary-Marine

By Jonathan Sweet
September 5, 2014

In a deal combining two of the leading boat dealers in North America, Singleton Marine Group and Legendary Marine are joining forces. Legendary was the 2012 and 2013 Boating Industry Top 100 Dealer of the Year, and had four locations on the Gulf Coast of Florida and Alabama. Singleton, with 11 locations... Read more »

Profit-based marketing for the boating industry – Part One

Profit-Marketing-Graph-Nathan-Mac

By Thaddeus B. Kubis
September 4, 2014

Editor’s note: Over the next several weeks, Boating Industry will be presenting a series of articles by marketing consultant Thaddeus Kubis about adapting to the changing realities of marketing to today’s consumer. Where will your next “market” come from? Are you targeting the big band, baby... Read more »

Economic Snapshot: Record breaking numbers for ISM manufacturing, non-manufacturing indexes

Cyfac-Manufacturing

By Brianna Liestman
September 4, 2014

The positive outlook from last month’s Institute for Supply Management reports continues into August with their latest readings, indicating further strength building for the economy. The ISM manufacturing index rose to 59.0 percent in August, up from 57.1 in July and reporting at its highest level... Read more »

State of the Industry: Hiring up, available personnel needed

Neal Harrell spoke at the 2012 MDCE on recruiting employees.

By Brianna Liestman
September 2, 2014

The state of hiring within the marine industry is on an upward trajectory that has been building for years, and it’s time to find people to fill open positions and keep the momentum strong. Neal Harrell of Brooks Marine Group reports its book of business is up about 50 percent year-over-year. The group... Read more »

Economic Snapshot: GDP grows in the second quarter

Hand Money

By Brianna Liestman
August 28, 2014

After extreme weather conditions brought about disappointing numbers in the first quarter, gross domestic product is seeing significant improvements. GDP grew 4.2 percent in the second quarter, a much stronger rebound than expected from last quarter’s 2.1 percent decrease. Last year, GDP in the second... Read more »

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