In their March 26th newsletter, the NMMA reported that 2020 was both a historic year for retail boat sales and a disruptive year for boat builders working to meet the heightened demand and replenish record low inventories amid challenges caused by the COVID-19 pandemic.
On Monday, March 29th, fire broke out in a group of power boats stored on the hard and still under shrink wrap. Black smoke was visible for miles at the height of the blaze. Boating Industry Canada News Week Digest spoke to David Kent, manager at the Pride Marine location at Krates Marina. The boats were their customer’s vessels.
All American Marine (AAM) owner, Matt Mullett has completed the private sale to family-owned Bryton Marine Group. AAM, located in Bellingham, WA. is at the forefront of aluminum vessel design and manufacturing.
California based Arcturus Marine Systems, known in the marine market as ABT-TRAC has been sold by company founder and president D’Milo Hallerberg, to businessman Roger Fellows after 34 years.
The requirement for recreational boaters to carry distress flares is in Canada and in most other western nations including the UK. We learned last week that the Royal Yachting Association (RYA) has responded to a consultation, launched by the UK Department of Transport (DfT), on the disposal of pyrotechnic flares.
Visitors to Volvo Penta’s booth at the 2021 Palm Beach International Boat Show will have an opportunity to “test drive” the new Assisted Docking system using a virtual reality (VR) simulator and to learn about the company’s full range of propulsion solutions that are aimed at creating an easy boating experience.
ABYC reminds us that in the United States, as of April 1, 2021, operators of recreational vessels less than 26 feet in length will be required to use the engine cut-off switch link under certain circumstances, as the USCG implements a 2018 federal law.
Gill, maker of technical and lifestyle apparel for anglers, announces the hiring of a new sales agency, Canada Pro Angling & Outdoors. The partnership will help Gill build brand awareness in the fishing and lifestyle markets and expand its marine dealer base in Canada, both crucial parts of its strategy in North America.
Crown Battery Manufacturing, one of the world’s oldest continually operating battery producers, announced that it will commemorate its 95th anniversary this month. Founded in 1926, Crown employs more than 625 people.
On March 25, 2021, BRP (TSX: DOO; NASDAQ: DOOO) announced its five-year plan to offer electric models in each of its product lines by the end of 2026. To achieve this, BRP plans to invest $300M over five years in product development, specialized equipment, infrastructure, production tooling and facilities.
On March 25, BRP Inc. (TSX:DOO; NASDAQ:DOOO) reported its financial results for the three- and twelve-month periods ended January 31, 2021. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available on SEDAR, as well as in the Quarterly Reports section of BRP’s website.
Will “just in time” be just in time to deliver a great summer for the boat business in 2021? Or, will the supply chain dominoes fall against us?
Dakota Lithium believes that quality is measured by lifespan and focuses on building batteries that last a very long time. By harnessing their unique chemistry and engineering know-how Dakota Lithium lasts 4x longer than traditional batteries, providing lasting value and reducing e-waste and the impact on the planet.
On March 15th, Yamaha Motor Corporation, U.S.A. announced a strategic alliance with Siren Marine®, manufacturer of marine-based IoT (Internet of Things) solutions.
On March 15th, Patrick Industries, Inc. announced that it has completed the acquisition of Everett, Washington-based Sea-Dog Corporation, a leading distributor of a comprehensive suite of marine and powersports hardware and accessories to distributors, wholesalers, retailers, on-line providers and manufacturers, and its sister company, Sea-Lect Plastics…
In the United States, there are new engine cut-off device wear requirements for recreational boat operators as part of the January 1, 2021, passage of National Defense Authorization Act that included a U.S. Coast Guard Reauthorization.
Countless boats have been abandoned across the province of Ontario in backyards, storage yards, and farm fields. If left untouched, these abandoned vessels contaminate terrestrial and marine environments (if left in the water), impact the aesthetics of facilities and areas where they have been abandoned, and pose a safety risk to individuals that approach the vessel.
The Beneteau organization has taken the positive and creative approach to boat and yacht sales by holding the Beneteau Roadshow: 9 Stops Across Europe to Meet Boating Enthusiasts.
Since 2010, all sorts of employers have posted their career opportunities in Boating Industry Canada News Week Digest and a great many readers have found rewarding new opportunities for themselves.
On March 5th, NMMA honored Will Keene, Owner of Edson International, with the 2021 Alan J. Freedman Memorial Leadership Award, which recognizes individuals who’ve made outstanding contributions to the marine accessories industry through leadership, creativity and personal motivation.