Author Archives: swadmin

2002 Transamerica USA Marine Market Annual Review

Is your glass half full, or half empty? The answer to that question may determine how you look at the 2002 U.S. boating figures released recently by the National Marine Manufacturers Association (NMMA). Unit sales of new boats in most categories are down over 2001: outboard boats, inboard boats, sterndrives, personal watercraft, jet boats — even canoes took a slight ...

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West Marine Buys Boat U.S. Stores

West Marine Inc., operator of 258 West Marine and E&B Marine aftermarket accessories stores, grew significantly larger when it completed the acquisition in January of the 65 retail stores operated by the Boat Owners Association of the United States (BoatU.S.). West Marine, based in Watsonville, California, paid $72 million in cash, and assumed certain liabilities, for the stores and the ...

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Palmer Johnson Purchases Intermarine Savannah

The Savannah, Georgia, branch of Palmer Johnson has announced that it has signed a purchase agreement to acquire Intermarine Savannah. Palmer Johnson Savannah Inc., a member of the Palmer Johnson Yachts group of companies, said it will acquire “substantially all assets” of BCT Real Estate LLC and Savannah Shipyards LLC, which have been doing business as Intermarine Savannah. The Intermarine ...

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New Data To Help Boating Compete?

Several new marine industry studies have been launched in recent months with the hope that more detailed industry data will help boating businesses compete with other forms of recreation. Among them is J.D. Power & Associates’ dealer attitude questionnaire, which will be used to survey boat and engine dealers about their relationships with the manufacturers they represent. As part of ...

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Marine Software is Evolving

Is it time for your marine business to organize all of its efforts with the help of computerization? That’s a question owners and managers of such operations have been asking (and some have been answering) for years. The marine-industry-dedicated software available today comes in all shapes and sizes. The top-end software can do everything but kill your food and cook ...

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Sharing The Passion

“The thing you’ve got to realize about the boating industry is that people have a passion for boating, and that’s what makes it fun. Some of us work real hard in this sport, but we do it because we love boating.” I was 48 hours into my new role as the associate publisher/editor-in-chief of Boating Industry, and already I found ...

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2003 Finance & Insurance Guide

Need help financing your inventory? Do you have customers who only want to talk monthly payments when you talk price? Are you missing out on profit you could be earning in finance and insurance (F&I)? If you’re not taking full advantage of F&I services with your business, shame on you. Having solid F&I partners and a structure in place at ...

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Brunswick Teams With Transamerica, IDS

oat and engine manufacturer Brunswick Corp. has recently purchased two companies and formed a joint venture with a third in what may only be the first steps of the company’s attempts to get closer to its dealers. In September, Brunswick announced the acquisition of Integrated Dealer Systems (IDS), a developer of management systems for marine and recreational vehicle dealers. In ...

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Scout Exands In South Carolina

Citing a strong demand for its larger boats, Scout Boats has announced plans to expand at its South Carolina facility. Company founder and owner Steve Potts said the latest expansion is really phase four of a four-part plan developed when the company built its current facility in 1995. “It’s a 40,000 square foot expansion that was slated to start last ...

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Genmar Buys Fish Hawk From Bombardier

Genmar Holdings, Inc. has acquired the Fish Hawk fishing boat line from Bombardier Recreational Products for an undisclosed price, giving Genmar a total of 18 boat brands. Genmar said it will move production of the line to its Sarasota, Florida, facility, the current home of Wellcraft, Aquasport and Hydra-Sports. The move represents a departure from the outboard boat building business ...

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