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  1. waybomb

    Fountain Powerboat impacted by steep market decline

    WASHINGTON, N.C. — Fountain Powerboat reported its second-quarter and six-month financial results on Monday, which reflected a downturn that accelerated toward the end of 2008. Net sales for the first six months of fiscal 2009, which ended Dec. 31, were $23,427,947, compared to net sales of...
  2. waybomb

    Dometic Group creates marine division

    POMPANO BEACH, Fla. – Dometic Group, a provider of leisure products for the caravan, motor home, automotive, truck and marine markets, has recently undergone a global company reorganization designed to strengthen its position as a supplier of OEM and aftermarket products and services, it...
  3. waybomb

    MarineMax revenue cut in half, loss doubles

    CLEARWATER, Fla. – Boat retail giant MarineMax, Inc. (NYSE: HZO) saw its revenue decline by more than half and its net loss more than double during the first quarter ended Dec. 31, compared to the same period of last year, it reported in a statement this morning. However, the company also...
  4. waybomb

    Stimulus plan could aid yacht repair businesses

    WASHINGTON — The economic stimulus plan being debated on Capitol Hill could include provisions that aid the South Florida yacht-repair industry, the Wall Street Journal reported Thursday. Industry businesses say that because their workers aren't subject to the same hazards as those who work on...
  5. waybomb

    Skipper Bud’s buys Wis. dealership

    MILWAUKEE – Skipper Bud’s, the Midwest’s largest boat dealer, has purchased the assets of Heckel’s Marine, located in Eagle River, Wis., Skipper Bud’s reported in a release this week. Skipper Bud’s acquired Heckel’s Eagle River property, all boats and all parts and accessories in a court...
  6. waybomb

    Trial in lawsuit against Lund, Brunswick begins

    FERGUS FALLS, Minn. – The trial in a class-action lawsuit brought by 19 former and current employees against Lund Boat Co. and its parent company, Brunswick Corporation, has begun, with opposing attorneys disputing whether or not employees understood changes to the corporate vacation policy made...
  7. waybomb

    Marine Products Corp. reports first ever operating loss

    ATLANTA – Boat builder Marine Products Corp. (NYSE: MPX) experienced the first operating loss in its history during the quarter ended Dec. 31, it reported in a statement Wednesday. Marine Products manufactures fiberglass boats under two brand names: sterndrive and inboard pleasure boats by...
  8. waybomb

    Brunswick reports 42-percent drop versus last year

    LAKE FOREST, Ill. — Brunswick shared its fourth quarter results Thursday, reporting that sales of $837.7 million represent a 42 percent drop versus a year ago, primarily the result of marine sales that were down 50 percent. The Brunswick Boat Group, which includes 17 boat brands as well as a...
  9. waybomb

    Ohio boating icon passes away

    CLEVELAND – Jim Sima, an icon in the Ohio marine industry who was a founder of the Marine Trades Association of Ohio – known today as the Boating Associations of Ohio – a leader of the Lake Erie Marine Trades Association, and also a founding member of the Board of Directors of the Marine...
  10. waybomb

    CWR adds FUSION to audio line

    BAYVILLE, N.J. – CWR Electronics, a full-service distributor of marine, outdoor, and consumer recreational products, has expanded its marine audio line with the addition of FUSION Electronics, the company reported in a release this morning. True Marine is FUSION’s marine audio product range...
  11. waybomb

    Maryland show works to attract non-boaters

    Hey - I used to live in Stevensville, MD! - Fred STEVENSVILLE, Md. – United States Yacht Shows, Inc., producer of the Bay Bridge Boat Show – April 23-26 at Stevensville on Kent Island, Md. – has created a new show within the show called “Outdoor Living” that will feature "cartop" boats...
  12. waybomb

    Home Port teams with Identity Village

    KILMARNOCK, Va. – Home Port Marine Marketing, the international product development, distribution and promotion consultancy, has teamed up with design firm Identity Village of Jupiter, Fla., to offer marine products suppliers an assortment of creative marketing and branding services, Home Port...
  13. waybomb

    IMBC celebrates strong opening

    FORT LAUDERDALE, Fla.—The International Marina & Boatyard Conference opened over weekend in Fort Lauderdale, Fla. to enthusiastic participants and exhibitors, and attendance thus far is the highest in IMBC’s history, organizers reported in a release yesterday. Representatives from the...
  14. waybomb

    Morningstar buys another marina

    JACKSONVILLE, Fla. – Morningstar Properties LLC has purchased Jacksonville Marina in Mayport, Fla., for an undisclosed price and intends to make “significant capital improvements,” the Jacksonville Business Journal, reported in a recent story. The marina has two dry-rack storage buildings with...
  15. waybomb

    Seacoast Electronics, Radio Holland merge

    TAMPA, Fla. – The business of Seacoast Electronics and Radio Holland USA, which joined forces initially in 2007, will be fully merged into a single company, the Radio Holland Group reported in a recent statement. The company said that since the beginning of the two companies’ relationship, the...
  16. waybomb

    MRAA board approves ACMA resolutions

    CHICAGO – The Marine Retailers Association of America Board of Directors has approved six resolutions on legislative issues and other activities given by the Advisory Council of Marine Associations at the MRAA annual convention last November, it reported in a recent statement. ACMA, an...
  17. waybomb

    Nautic Global launches boat show promotions

    ELKHART, Ind. -- Nautic Global Group has rolled out two promotions designed to increase sales at the winter and spring boat shows in an effort to help dealers move product, it reported in a recent statement. The Spend it Wisely Sales Event offers a rebate on boat and engine packages purchased...
  18. waybomb

    Shrink wrap firm adds franchisees

    RENO, Nev. – National shrinkwrap service franchise Fast Wrap USA has added four franchisees, the company reported in a statement today. Fast Wrap's newest franchises are located in Las Vegas, Nev.; Sacramento, Calif.; Rancho Cucamonga, Calif.; and Dania Beach, Fla. The newest sites join Fast...
  19. waybomb

    Maine marine careers Web site goes live

    AUGUSTA, Maine – Maine’s North Star Alliance Initiative, in collaboration with the Maine Marine Trades Association, has launched a new youth-oriented Web site and outreach campaign to educate Maine’s students, parents and teachers about the career possibilities and opportunities within Maine’s...
  20. waybomb

    MIDC workshop schedule is released

    This is good that some marinas are doing this. OAK PARK, Ill. – The Marine Retailers Association of America has released the schedule for Web-based Marine Industry Dealership Certification Workshops in 2009. Six web-based launch workshops are scheduled in 2009: Jan. 20 – 21 Feb. 24 –...
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