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On Sunday, April 28, U.S. Senator Chuck Grassley (R-IA) – chairman of the powerful Senate Finance Committee, which has jurisdiction over trade-related matters.
Canadian boat brokers and buyers will be interested to learn that on May 1st, the Florida Legislature approved the Uniform Certificate of Title Act (HB 475/S 676) – a top recreational boating industry priority – sending the bill to Governor Ron DeSantis for his signature.
Read more: NMMA CELEBRATES PASSAGE OF BOAT TITLING LAW IN...
NAUTIC-ON has been selected as a 2019 Boating Industry Top Product winner for its Smart Boating Platform. The award recognizes the most innovative products introduced to the marine industry over the past year.
M&P Yacht Centre is Canada’s #1 Boat Dealer so it makes perfect sense that they would partner with Sunseeker, Britain’s Largest Boat Builder.
Read more: M&P PARTNERS WITH SUNSEEKER: BRITAIN’S LARGEST...
May 1st, Garmin Ltd. (Nasdaq: GRMN) announced results for the first quarter ended March 30, 2019. Highlights for the first quarter 2019 include record first quarter revenue of $766 million, an 8% increase, with marine, aviation, fitness and outdoor collectively increasing 12% over the prior year quarter.
Read more: GARMIN REPORTS FIRST QUARTER REVENUE AND PROFIT...
Evinrude has announced that it has been named Official Engine Supplier of New York Yacht Club American Magic, a professional sailing team and Challenger for the 36th America’s Cup.
Brunswick’s Reynosa manufacturing facility in Mexico has recorded a major safety milestone, reporting more than four-million hours, or close to three years, without a lost-time incident.
BRP (TSX:DOO; NASDAQ:DOOO), announced on May 1st, that it has entered into a definitive agreement to acquire 80% of the outstanding shares of Telwater Pty Ltd (“Telwater”), Australia’s leading and largest manufacturer of aluminum boats and trailers.
NMMA Canada and the Canadian Marine Trades Associations have been advised by the Government of Canada that effective April 30, 2019, all retaliatory tariffs on U.S. recreational boats entering Canada have been removed, marking the most positive development for our industry since this concerning issue first emerged.
Read more: RETALIATORY TARIFFS ON US-MADE BOATS HAVE BEEN...
In 2018 Boating Ontario launched the MarineWorx Development Fund which supports the advancement of Ontario’s marine workforce by providing funds to both new and existing talent in the boating industry.
Featured Articles
BUSINESS VALUATIONS: THREE SITUATIONS WHEN YOU MIGHT NOT NEED ONE
By: Patrick Ungashick
Photo Credit: Dwain Bodkin
Business valuations are an important tool for owners and leaders of privately-held companies. For example, if you are doing sophisticated tax planning, buying-out a business partner, or if an owner is going through a marital divorce, then a valuation may be highly prudent—if not legally required. However, business owners and leaders should avoid rushing to get a valuation in circumstances where the need is not clear.
Read more about Business Valuations......
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