Oct 2nd, 2018

NMMA US Power BoatsWe’ve talked extensively in the past weeks in Boating Industry Canada about the booming American market, specifically how the American Boating Market has grown. We have new information from the National Marine Manufacturers Association (NMMA) detailing the growth of American powerboat shipments. As we know, the Canadian Marine Industry is tied closely to that of the US, thus we are interested in providing you with the latest research and statistics of the market.

According to NMMA's Monthly Shipment Report (MSR), total powerboat wholesale shipments were up 8% through June (YTD), based on NMMA's control group of manufacturers representing 77% of the powerboat market. 

This primarily reflects a 11% increase in shipments of personal watercraft, an 8% increase in shipments of outboard boats and a 6% increase in shipments of inboard boats. 

Click here to access the full report. 

Contact This email address is being protected from spambots. You need JavaScript enabled to view it. with questions.

Featured Articles

  • Prev
Announced on June 18, the exciting new Mercury Racing 450R outboard is purpose designed to bring ...
PORTS The Cruising Guides have been acquired from Metroland Printing Publishing & Distributing ...
Orillia’s Spring Boat, Cottage & Outdoor Show at the Port of Orillia and waterfront parks, Lake ...
Seattle’s 41st annual Lake Union Boats Afloat Show gets underway on Thursday, September 12 and ...
The Boating Ontario team would like to thank all those who participated and contributed to this ...
Boating BC is now accepting applications for the Glenn Spartz Scholarship, which offers financial ...
Registration Open: Level 1 Marine Service Technician Training in Sidney and Vancouver ...
Canadian Boat Shows has announced AD ASTRA Media Inc.  as the official publisher for the 2020 ...
ABYC is hosting free events which are perfect mini prep courses for the 2020 Marine ...
Previous IMI webinars included a review of the challenges faced by marinas and boaters as ...

BUSINESS VALUATIONS: THREE SITUATIONS WHEN YOU MIGHT NOT NEED ONE

 

Business ValuationsBy: 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......

 

Changing Scene

  • Prev
North Vancouver’s Lions Gate Marina has achieved eco-certification by Georgia Strait Alliance’s ...
On May 30th, 2019, BRP Inc. (TSX:DOO; NASDAQ:DOOO) reported its financial results for the ...
Parks Canada announced that as of Friday, May 24, 2019, the Trent-Severn Waterway ...
With trade talks between the US and China stalled and heavy tariffs being levied on imported goods, ...
Mercury Marine, a division of Brunswick Corporation (NYSE: BC) and the leading global ...
THE Toronto International Boat Show announced that total funds raised at the 2019 January Preview ...
On May 03, 2019 Johnson Outdoors Inc., reported increased sales and earnings during ...
NMMA Canada and the Canadian Marine Trades Associations have been advised by the Government of ...
It’s hard to believe Sea-Doo introduced the first, and to this day, only on-water braking ...
On April 16th, Iridium Communications Inc. (NASDAQ: IRDM) announced the signing of their Public ...

LCI INDUSTRIES SUBMITS OFFER TO BUY LEWMAR

LCI IndustriesLCI Industries (NYSE: LCII) has announced that its wholly-owned subsidiary Lippert Components, Inc. (“LCI”), a supplier of a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") of leisure vehicles and mobile transportation, and the related aftermarkets of those industries, has reached an agreement with the board of directors of Lewmar Marine Limited (“Lewmar”), a supplier of leisure marine equipment, headquartered in Havant, United Kingdom, on the terms of a recommended cash offer for Lewmar by LCI, pursuant to which LCI would acquire the entire share capital of Lewmar. 

Read More about LCI Industries.....

 

 

BOATING ONTARIO LAUNCHES THEIR ABANDONED BOATS PROJECT

Boating Ontario LogoBoating Ontario announces the official launch of the Abandoned Boats Project Awareness Campaign aiming to increase boat owners’ awareness of their responsibilities, including proper management of their boat at the end of its life.

Boating Ontario was the recipient of a grant under Transport Canada’s Abandoned Boats Program assisting in the removal of abandoned or wrecked small boats posing a risk to Canadian Waters.  The program will help to educate small boat owners about how to responsibly manage their boats and support research on boat recycling.

 

Read More about the Abandoned Boats Project......

 

People

  • Prev
George Armendariz, CEO of Groupe Beneteau Americas, announced today the appointment of Yannick ...
According to the Minneapolis Star Tribune on April 10 2019, Irwin Jacobs and his wife were found ...
Co2 Inflatables is pleased to announce that Jason Edwards, formerly of Grand/Gala Marine, will be ...
Marine electronics pioneer Darrell Lowrance, 80, passed away Saturday morning after suffering a ...
Extremely popular and well respected for leading the reemergence of Iconic Marine's three ...