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Industry associations send message to administration and Congress on ethanol policy

On May 4, a letter was sent from a group of industry partners to the Trump administration and Congress. The coalition of recreational boating and sportfishing interests urged action to fix America’s broken ethanol policy. The American Sportfishing Association , Boat Owners Association of The United States, National Marine Manufacturers Association and Marine Retailers Association of the Americas on behalf ...

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Crevalle Boats adds first Northeast dealer

Crevalle Boats announces its first Northeast dealer: Tradewinds Marina of Baltimore, Md. Crevalle Boats will enter the Northeast market with three Mercury Verado powered models: the 24 Bay, 26 Bay and 26 Open. Described by the company as crossover or hybrid-style boats for the family, these models offer a porta pottie, built-in removable coolers, eight cup holders, three insulated livewells, ...

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Yamaha Marine announces service division organizational changes

Yamaha Marine Group announced several employee promotions and organizational changes within the marine service division. “The Yamaha Marine Service Division is dedicated to providing exceptional technical training and support for the Yamaha dealer network and customers,” said Ben Speciale, president, Yamaha Marine Group. “These individuals have proven their commitment to our customers and the Yamaha Marine brand. I feel confident ...

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ShoreStation announces summer campaign and customer contest

ShoreStation, manufacturer of boat lift and dock systems, announced its “Your Summer. Simplified.” campaign and contest, which prompts end users to submit their summer story for a chance to win. The Ida Grove, Iowa-based company launched the campaign and accompanying contest to further promote the anticipation for the summer. ShoreStation’s contest, which is open to all current and prospective customers, ...

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Industry groups praise Secretary Zinke in open letter

In an open letter published yesterday in the Wall Street Journal, executives from the marine industry joined a group more than 100 outdoor recreation industry companies praised the agenda being set by Department of the Interior Secretary Ryan Zinke during the first 100 days of Donald Trump’s presidency. These executives represent many segments of the $887 billion outdoor recreation industry ...

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Sixteen Power partners with Katech on V16 engine

After unveiling the marine-specific V16 engine at the Miami International Boat Show, Sixteen Power is continuing production validation with its technical partners. Sixteen Power, LLC and Katech, Inc. have collaborated for the past year to support the new powertrain. Sixteen Power says its engine requires testing standards and data acquisition only offered by Katech, a Tier 1 engine development partner ...

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Former staff members buy IBI, plan to continue magazine

International Boat Industry magazine and its associated websites and newsletters have been acquired by Boating Communications Ltd. from Time Inc. (UK) Ltd. This follows Time Inc. UK’s decision in February to close its b2b marine division. Subsequently, Director Nick Hopkinson and three former members of staff – Edward Slack, Philip Pereira and Philippa Drysdale – negotiated an asset purchase through ...

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Patrick Industries acquires Leisure Product Enterprises

Patrick Industries, Inc. has completed the acquisition of Leisure Product Enterprises, LLC. LPE is a holding company with three manufacturing subsidiaries under its umbrella: Marine Concepts/Design Concepts, Florida Marine Tanks and Marine Electrical Products. LPE primarily serves the marine and industrial markets with combined fiscal 2016 revenues of approximately $75 million. The aggregate purchase price for LPE was approximately $73.5 ...

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Cabela’s announces Q1 2017 results

Cabela’s Incorporated (NYSE:CAB) reported financial results for the first quarter fiscal 2017. For the quarter, on a GAAP basis, total revenue decreased 3.4 percent to $834.9 million, revenue from retail store sales decreased 3.9 percent to $542.0 million, internet and catalog sales decreased 12.6 percent to $136.1 million, and financial services revenue increased 6.5 percent to $150.0 million. For the ...

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Nautique partners with Wake For Warriors

Nautique announced a new partnership with the Wake for Warriors nonprofit organization. Over the past few years Wake for Warriors and its founder David Deep have been coming to the aid of American Veterans upon returning home from service. Deep and his team accomplish this by giving these heroes a day out on the water with their friends and family creating ...

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