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Ameritex filing for bankruptcy
Published: Friday, July 3, 2009 at 1:00 a.m. Last Modified: Thursday, July 2, 2009 at 7:58 p.m. The recession and the decimated boating industry have claimed another victim in Ameritex Technologies Inc., a Manatee County-based marine accessories company that has filed for Chapter 11 bankruptcy protection from its creditors.
Appeal planned in Lund vacation lawsuit
Plaintiffs in a class action lawsuit against Lund Boat Company say they intend to appeal a ruling that's left them shocked.
An in-depth exclusive with Jim Lane, Part Two
Boating Industry : You mention in the announcement about your marketing campaign that youa TMve helped dealers secure floorplan financing.
Private investors buy Manatee's Donzi Marine
Donzi Marine and its sister Pro-Line Boats have been sold by their parent American Marine Holdings to private investors.
An in-depth exclusive with Jim Lane, Part One
Boating Industry : Marine Products Corp. is known for the conservative approach it takes to managing its finances.
Economy hits the boating industry
It's a one two punch for some local businesses in today's sinking economy. Summer is the time to get out and enjoy the lake in your boat.
Rumors tough on Mercury workers
Employees at Mercury Marine are starting summer with uncertainty about the boating industry and their future.
Design, lawsuits helped explode cos...
Design, lawsuits helped explode costs to $178M By JACK BRUBAKER 2009-06-19 11:10:00 Lancaster New Era The $178 million final bill for the Lancaster County Convention Center and Lancaster Marriott at Penn Square includes all costs since the project began a decade ago.
Genmar Holdings drags Durham boat builder Triumph into Chapter 11
Workers assemble Triumph brand boats at a plant in Durham. DURHAM The molded-plastic fishing and ski boats turned out by Durham-based Triumph Boats may be resistant to sledge hammer blows and collisions with tractor trailers, as the company's video advertising shows.
Attention shoppers: Know what youa re about to own
Jim Norgaard made the jump from the high-tech industry to the boating industry when he bought Lynn Marine Supply.
They were making waves in the global economy, but now Wisconsin's yacht-makers are stuck on a sandbar.
National Boating Day Passes House
House passes National Boating Day measure. June 11, 2009 Washington, D.C. - The U.S. House of Representatives passed House Resolution 410 which designates July 1, 2009 as National Boating Day in recognition of the important role recreational boating and the boating industry play in the lives and health of the nation's 59 million boaters and the ...
Genmar gets interim approval for debtor-in-possession financing
MINNEAPOLIS a ' Genmar's plan to obtain a debtor-in-possession loan and reorganize through bankruptcy moved forward Thursday, when the judge in Genmar's bankruptcy trial approved DIP financing on an interim basis, pending a final hearing on June 25.
Component Changes Made to Dow Jones Luxury Index
Dow Jones Indexes, a leading global index provider, today announced that Rodriguez Group will be removed from the Dow Jones Luxury Index.
Elkhart's Nautic may buy Illinois boatmakers
Nautic Global Group, parent company of Rinker Boat Co. and Godfrey Marine, is eyeing an Illinois boatmaker.
Regional Report / Boat maker Genmar and subsidiaries file Chapter 11
Genmar Holdings, the Minneapolis-based company that makes and sells boats under a dozen brands, filed for Chapter 11 bankruptcy Monday.
Analyst: More bankruptcies to follow
In the wake of Genmar Holdings filing for Chapter 11 bankruptcy late Monday, dealer and manufacturer bankruptcies are expected to accelerate this summer, suggested Timothy Conder, CPA, managing director of Leisure Equity Research for Wachovia Capital Markets, in a statement Tuesday.
Boat manufacturer with 'Boro facility files bankruptcy
Genmar Holdings, Inc. has filed for Chapter 11 reorganization protection in the U.S. Bankruptcy Court, according to a company release.
GE Commercial Distribution Finance Provides ABL Facility to Brunswick
Brunswick Corporation said it and GE Commercial Distribution Finance have entered into an asset-based loan facility, secured by the domestic accounts receivable of Mercury Marine, a division of Brunswick.
Brunswick, Yamaha respond to Genmar bankruptcy
In response to news of Genmar Holdings filing for Chapter 11, marine industry giant Brunswick Corp.