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Monitor Products adds new partner, VP of sales & engineering

Monitor Products recently welcomed Andy Logan as a partner within the company and the vice president of sales and engineering. Logan brings 25 years of experience to Monitor Products including a background in engineering, sales and overall business development. His experience includes 10 years at MerCruiser where he served as the lead engineer for MerCruiser’s exhaust and cooling system product ...

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West Marine reports 44 percent net income increase in Fiscal Year 2016

West Marine, Inc. (NASDAQ:WMAR) reported financial results for the fourth quarter and fiscal year ended Dec. 31, 2016 (“fiscal 2016”). Net income and earnings per diluted share were $6.5 million and $0.26, respectively, compared to net income and earnings per diluted share of $4.5 million and $0.18, respectively, last year, representing a 44.6 percent increase in net income. Net revenues for fiscal 2016 were $703.4 million, a decrease of 0.2 ...

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Century Boats names new director of research and development

Century Boats, a classic American boat company established in 1926 and based in Zephyrhills, Fla., announced that it named Joel Scott McLaughlin its new director of research and development. In this new position with Century Boats, McLaughlin’s primary responsibilities will be the research, design and development of new models for the company. “With more than 30 years of industry experience ...

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Crestliner introduces new models for 2017

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Crestliner is expanding its portfolio with the addition of a new pontoon line,and redesigns to four of its fishing boats. The company says these additions and upgrades continue to build on Crestliner's 70-plus-year reputation for delivering premium boats. "We couldn't be more excited to reveal these wide-ranging new models for 2017," said Crestliner President Eric Hendrickson. "These boats reflect the ...

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Registration open for 2017 American Boating Congress

Hundreds of recreational boating industry professionals are expected to descend upon Capitol Hill May 15-17 to attend the American Boating Congress to champion recreational boating, formulate public policy and present a unified front on issues that impact marine businesses. The 2017 American Boating Congress will provide attendees the opportunity to meet with the Trump administration and the 115th Congress, in addition ...

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Detroit Boat Show attendance up 3%

An additional 1,606 people attended the Detroit Boat Show in 2017 over last year, increasing attendance 3 percent to 69,169, show organizers reported. The show, which ran February 11-19, added 50,000 square feet sold for a total of 400,000 square feet in 2017. “Along with our bigger footprint came bigger boats,” Nicki Polan, show manager, said in a statement.  “We ...

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Monterey Boats VP of manufacturing retiring

After a 40+ year association with the boating industry, the last 30 in marine manufacturing, Mike Botti, vice president of manufacturing for Monterey Boats has announced his retirement. He came to Monterey in 2002 as a Quality Management consultant. He soon took over the reins of its manufacturing operation and helped guide it through its greatest expansion. Monterey Boats’ President ...

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MDCE 2017 issues call for presentations

Organizers of the Marine Dealer Conference & Expo are seeking educational session proposals from potential speakers for the 2017 conference, which will take place Dec. 10-13 in Orlando. The information being presented must be applicable to those involved in every facet of marine retailing. The goal is to provide an educational event that gives dealership owners, managers and employees the ...

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Garmin reports solid fiscal 2016 revenue and operating income growth

Garmin Ltd. (Nasdaq: GRMN – News) announced results for the fiscal year ended Dec.31, 2016. Garmin’s total revenue was $3.019 billion for all of 2016, growing 7 percent over the previous year with outdoor, fitness marine and aviation collectively growing 21 percent over the previous year and contributing 71 percent of total revenue. Gross and operating margins were 55.6 percent ...

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Early bird rate for METSTRADE 2017 ends March 1

Companies intending to exhibit at METSTRADE in November can benefit from an early bird discount of up to 15 percent if they book by March 1. “Making a booking now does not only make good economic sense,” said RAI Amsterdam's Maritime METSTRADE manager Irene Dros. “Companies with wishes for a specific location or area are also highly recommended to book ...

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