Photo Credit: 401(K) 2013, Flickr.
The BI Weekly 5 is a collection of news, tips and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Tuesday on BoatingIndustry.com.
1. Sportsman Boats adding 150 jobs, doubling plant size
With demand growing for its saltwater fishing boat line, Sportsman Boats has announced plans to grow its plant and workforce.
The company will be investing $3.5 million to increase the size of its facility from 74,000 sq. ft. to 116,000 sq. ft. and adding 150 employees to its current 107.
2. New York cracking down on sales tax for boaters
The state of New York is ramping up enforcement this summer on boaters who buy in other states, then dock in New York. State officials say the state is being cheated out of millions of dollars a year by boaters not paying sales tax in New York that should be doing so.
3. Michigan boating industry on rebound
Boating is coming back in Michigan as the local economy rebounds, locals in the industry there say.
4. Safe boating efforts build in Florida
After the July 4 accident that killed four and injured several others, the local boating community has launched an effort to better educate boaters and prevent future accidents.
5. 10 marketing lessons from the World Cup
The 2014 World Cup was the most-watched in history. Here are 10 lessons learned from MarketingProfs that you can apply to marketing your business.