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Tag Archives: Chaparral

Everybody’s gone surfin’…

As the Beach Boys predicted in 1963, everybody’s gone surfin’. But not at the beach – today’s surfers are mostly found playing behind boats. With affordable surf boats and high-end tow boats appealing to a wider range of buyers than ever, the watersports category has never been stronger. Brian Wilson and The Beach Boys must be feeling more than a ...

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Marine Products Corp. reports fourth quarter 2017 results

Marine Products Corp. has announced a net sales increase of almost 15 percent for the fourth quarter of 2017. Higher unit sales were reported for the company's Chaparral Surf Series models, its larger Chaparral SSX Sportboats, and Robalo Explorer models.  "Our fourth quarter 2017 financial results were driven by higher volumes and a model mix which included larger boats, both of ...

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Marine Products Corporation reports Q2 2017 results

Marine Products Corporation (NYSE: MPX), builder of Chaparral and Robalo Boats, announced its unaudited results for the quarter ended June 30, 2017. For the quarter ended June 30, 2017, Marine Products generated net sales of $71,484,000, a 9.9 percent increase, compared to $65,066,000 in the same period of the prior year. The increase in net sales was due to a ...

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Chaparral and Robalo award 2017 scholarships

Chaparral Boats, Inc. and Robalo Boats LLC awarded $60,000 in college scholarships to six graduating seniors within the Chaparral and Robalo family. “Our employees are some of the hardest working people in the marine industry and we are excited to support their children’s endeavors toward their chosen career path,” said Buck Pegg, executive vice president of Chaparral and Robalo. “We feel ...

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Wells Fargo CDF enters strategic program with Chaparral and Robalo

Wells Fargo Commercial Distribution Finance, part of Wells Fargo & Company (NYSE: WFC), announced it has entered into a strategic agreement with Chaparral and Robalo Boats, effective the 2018 model year. Under the program, CDF will deliver inventory financing solutions to the manufacturer’s network of marine dealers in North America. The program will provide qualified dealers with exclusive vendor supported financing terms ...

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Sales up 11.6 percent for Chaparral, Robalo parent in Q1 2017

Marine Products Corp., the manufacturer of Chaparral and Robalo boats said sales, profits and income were all up for the first quarter of 2017. "Our first quarter 2017 financial results reflect the beginning of another strong retail selling season," said Richard A. Hubbell, Marine Products' president and CEO. "Our Robalo outboard sport fishing boats continued to sell well, especially the ...

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2016 sales up 16.6 percent for Chaparral, Robalo parent

Net sales were up 16.6 percent for 2016 for Marine Products Corporation, the parent company of Chaparral and Robalo announced Wednesday. Marine Products Corporation announced its unaudited results for the quarter and year ended December 31, 2016. For the quarter ended December 31, 2016, Marine Products generated net sales of $57,238,000, a 14.7 percent increase compared to $49,881,000 in the ...

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Marine Products Corp. sets 2016 earnings call for January 25

Marine Products Corp. announced will release its financial results for the fourth quarter and year-ended December 31, 2016, on Wednesday, January 25, 2017 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Wednesday, January 25, 2017 at 8:00 a.m. Eastern Time. Marine Products ...

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Chaparral, Robalo upgrade to MRAA premier partner members

Chaparral Boats and Robalo Boats have upgraded their membership with the Marine Retailers Association of the Americas to a premier partner member. Based in Nashville, Ga., Chaparral Boats and Robalo Boats are one of the longest-standing boat builder members of the MRAA. “Chaparral and Robalo are proud to support and continue our partnership with the MRAA,” said Ann Baldree, senior ...

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