Mercury Marine, the world leader in marine propulsion and technology has officially broken ground on a new 30,000 square foot addition to its propeller casting facility. When complete, Mercury’s propeller facilities total footprint will encompass 90,000 square feet.
On May 03, 2019 Johnson Outdoors Inc., reported increased sales and earnings during the Company’s 2019 second fiscal quarter ending March 29, 2019, and double-digit growth in net income during the first fiscal six-month period.
On April 22nd, 2019 the Leadership Development Committee of the Industrial Fabrics Association International (IFAI) announced that it is now seeking candidates for positions on its Board of Directors and Division Advisory Boards. This includes four positions for IFAI Canada.
As a result of John Pfeifer’s (former Mercury Marine President) resignation from the NMMA and Engine Manufacturer Division (EMD) boards, Ron Huibers, President and CEO of Volvo Penta of the Americas, has been moved up from Vice Chair to Chair of the EMD Board…
On Friday May 3rd, the winner of the 2019 Toronto International Boat Show’s “Buy a Boat & Win $10,000” contest received their cheque at Gordon Bay Marine in MacTier, ON.
Brunswick Corporation (NYSE: BC) has announced it has entered into a definitive agreement to sell its Fitness business to KPS Capital Partners, LP, a private investment firm, in an all-cash transaction for approximately $490 million.
As one of the newest and most innovative boats in the marine industry, the Sea Ray SLX-R 350 Outboard has been named a 2019 Top Product by Boating Industry.
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.
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.
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.
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.
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.
In the wake of last month’s termination of its contract with its European builder, the International Laser Class Association (ILCA) announced today that, from 25 April 2019, all new, class-approved boats will be sold…
The Government of Ontario recently called for the federal government to review and re-consider the unintended, adverse impacts of Canada’s counter-tariffs on the Canadian boating sector.
Brunswick’s Fort Wayne Operations, producer of Harris Pontoon Boats, Crestliner, Lund and Cypress Cay Pontoons, is celebrating a major safety milestone, reporting more than two million hours of no lost time incidents.