CORRECT CRAFT HOSTS LEADERS FROM WASHINGTON, DC – SHARES INDUSTRY CONCERNS

Correct Craft Bill Nelson Marco Rubio

 

July 23, 2018

U.S. Senator Bill Nelson and staff from U.S. Senator Marco Rubio’s office visited Correct Craft separately last week, toured the Nautique boat plant, and learned about issues impacting the marine industry.

Correct Craft was privileged to first welcome Senator Nelson and discuss how the new tariffs and trade war are impacting the marine industry. Correct Craft’s President and CEO Bill Yeargin and Senator Nelson discussed how the new tariffs and trade war are impacting the marine industry. Yeargin shared with Senator Nelson how proud the Correct Craft team of nearly 1,300 employees are to build products in the U.S. that are desired around the world. Yeargin also commented that Correct Craft’s companies are significant net exporters and that U.S. tariffs, combined with retaliatory tariffs from trading partners, could significantly hurt Correct Craft and other significant exporters within the marine industry, putting U.S. jobs at risk.

Senator Nelson stated, “Correct Craft is in one of Florida’s biggest industries, boat building, and I appreciate their CEO, Bill Yeargin, for bringing to my attention the impact of the current trade war on both their company and industry.” Nelson added, “I am very proud of Correct Craft; Florida is an oasis of fishing and watersports.”

Later in the day, Correct Craft hosted staff from the office of Senator Rubio. Senator Rubio’s staff were also briefed by Yeargin and Correct Craft’s CFO Angela Pilkington on how the new U.S. tariffs have made it more difficult to sell boats not only by increasing costs, but also with retaliatory tariffs by our trading partners; potentially putting U.S. jobs at risk. Senator Rubio’s staff concluded their visit with a walkthrough of the Nautique boat plant.

Yeargin stated, “We were honored today to have both U.S. Senator Bill Nelson and staff from U.S. Senator Marco Rubio’s office visit Correct Craft to learn more about marine industry issues. The marine industry is facing some significant challenges with the current trade war and our team appreciates the offices of our U.S. Senators being willing to listen to our concerns.”

Yeargin added, “I also want to share my appreciation for Nicole Vasilaros, Senior Vice President of the National Marine Manufacturers Association (NMMA) for flying down from Washington to join me in these meetings. Nicole is a friend and colleague who is doing a wonderful job representing Correct Craft and many other companies on issues that are facing our industry.”

About Correct Craft: Celebrating 93 years of excellence in the marine industry, Correct Craft is a Florida-based company with global operations. The Correct Craft family includes Nautique, Centurion, Supreme, Bass Cat, Yar-Craft, SeaArk, and Bryant boat companies, Pleasurecraft Marine Engine Group, and Aktion Parks. For more information please visit www.correctcraft.com.

Related Posts





Princecraft Boats upgrade their facilities with an investment of over $4 million for the addition of a powder coating line

CMRA

Princecraft boats on April 17, 2024, announced to their employees, a major investment in one of their three Princeville plants, which will include the installation of high-tech powder coating capabilities. The nearly $4 million upgrade marks the largest investment in Princecraft facilities since the early 2000s and will improve operational efficiency, product quality and better poise the company for response to demand.

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



The Hydrobike, a key concept that embodies a vision for the future

DECATHLON, determined to erase the boundary between land and water, introduces its latest forward-thinking concept: the HydroBike. This innovation from the French sports giant aims to democratize access to nature while staying ahead in the transformation of their business model. 

The initial assessment: paddle sports are often inaccessible to less experienced individuals, assuming the acquisition of paddling skills.

Read More


ACR Electronics emergency beacons are designed with one purpose: to save lives.

Hubbell-Marine Stainless steel outlet covers

An all-encompassing and dependable set of vital resources, ACR GlobalFix V5 AIS RLS EPIRB Survival Kits ensure security and survival in waterborne emergencies. The most advanced EPIRB (Emergency Position Indicating Radio Beacon) available, the ACR GlobalFix V5 EPIRB combines 406 MHz satellite connectivity with Automatic Identification System (AIS) functionality.

Read More