Boating News Archives

“The international market has grown from around 10 to 15 percent to well over 40 percent of our business”

Marquis Yachts is hitting the market with a 92-foot model that company officials say customers are seeking. via Green Bay Press-Gazette

Fiberglass powerboat maker Marine Products Corp. reported early Wednesday that its first-quarter net income rose to $4.1 million, or $0.11 per share, compared with $3.9 million, or $0.10 per share, a year ... via All Stories

“Sales for the latest quarter reflected lower demand for marine products, particularly in the U.S., where industry retail sales were down about 17 percent”

Brunswick Corp., saddled with special charges linked to the company's effort to reduce capacity in response to weaker demand, said first-quarter earnings from continuing operations dropped 61 percent, on a 3 percent downturn in sales.

The results nonetheless pushed Brunswick shares smartly higher. In early New York Stock Exchange trading Thursday, the company's shares were up $1.37, or 9.1 percent, at $16.50.

The big-ticket boats, marine engines and other recreational equipment that Brunswick manufactures are 'discretionary' goods -- purchases consumers can defer when they grow uneasy about future economic conditions -- and Brunswick's sales have been under pressure for more than a year now as the U.S. economy loses momentum. Read more

Brunswick Corp. disclosed Monday that an electronic devices that scans customers' drivers' licenses to make sure they're of legal drinking age was stolen from a company-owned bowling facility in suburban Naperville.

The scanning device, which verifies whether a license has been tampered with by reading a license's magnetic strip, is capable of retaining personal information of up to 700 of the latest patrons whose cards were swiped through the machine.

Brunswick said the device stolen recently from the Brunswick Zone in Naperville contains information -- such as driver's license number, date of birth and first and last names -- of customers whose licenses were scanned at tehr Naperville location between March 20 and March 29. Read more

“As a result, we expect margin de-leverage to come more from reduced volume than from promotional spending.”

' A further deterioration of the marine retail environment in March drove boat retail giant MarineMax, Inc. via Boating Industry

“Brunswick performs age validation to not only follow the law, but also to help protect its customers, their families and communities from concerns or accidents which could result from underage drinking”

Brunswick Bowling & Billiards Corporation today reported that an electronic device used to scan driver's license numbers to validate if customers are of legal drinking age was stolen recently from the Brunswick ... via Earth Times

“We're looking at a lot of areas”

Two entertainment-and-dining chains - one featuring bowling alleys and one featuring arcade games - are scouting Waukesha and Brookfield for locations. via Milwaukee Journal-Sentinal

“We'll assemble the whole yacht from there, and then from there launch it, and make deliveries throughout the Great Lakes, so it's quite an involved project”

At Carver Boat Corporation headquarters in Pulaski, workers are putting the finishing touches on a 70-foot luxury yacht. via WBAY

As frustrating as the current recession is on the boating industry, it pales compared to the downslide in the early 1990s, said Peter Frederiksen, director of communications for Viking Yachts. via CourierPostOnline

The Clinton City Services Committee has approved a recommendation to the city council Committee of the Whole that Skipper Marine Development be the new Clinton Marina operator. via The Clinton Herald, Clinton, Iowa

Models of yachts are used in tank tests at the Viking Yacht facility in New Gretna. via CourierPostOnline

HOME GAMES Eric Chenaux and the Reveries release their CD Matchmakers, Volume 1: The Music Of Willie Nelson, Saturday at the Tranzac . via Now Toronto

" Jarrett Bay Yacht Sales has appointed Jan Boone to president, the company said in a press release Friday. via Boating Industry

In uncertain economic times, innovation is not only a differentiator, it's often a tool for survival. via Boating Industry

“There are no plans to sell, shut down or move Mercury Marine”

Mercury Marine laid off 50 salaried employees Wednesday as the boating industry continues to founder. via Oshkosh Northwestern

“There were a number of challenges to deal with while searching for a bearing: salt water, mineral deposits, gunk - 'pretty much anything that is floating in the water can get into the lift and affect the components”

Quality Boat Lifts uses iglide plastics, plain bearings on its lifts used by both residential and commercial marinas and private owners to remove boats from the water. via Jobwerx.com