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Author Archives: TKaiser

Making sense of the Magnuson-Stevens Act

Much has been made of the pending reauthorization of the Magnuson-Stevens Fishery Conservation and Management Act (MSA), which manages commercial and recreational saltwater fisheries in the United States. It’s a contentious bill that, recreational marine interests suggest, is too heavily weighted toward the commercial fishing industry while giving short shrift to the nation’s recreational fishing and boating interests. Similarly, much ...

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U.S. economy adds 217,000 jobs in May, unemployment holds steady

The Bureau of Labor Statistics delivered good news today with the announcement that total nonfarm payroll rose by 217,000 in May. It wasn't enough to move the unemployment rate, which remains steady at 6.3 percent. These numbers are a concrete indicator that, however slowly, the U.S. economy has reached pre-recession employment levels and GDP is on track to grow at ...

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Brunswick CEO, McCoy, announces retirement

Dustan “Dusty” McCoy, chairman and chief executive officer of Brunswick Corporation since 2005, announced his eventual retirement as part of a succession plan that follows the recent appointment of Mercury Marine president, Mark Schwabero, to the newly created position of president and chief operating officer of Brunswick. Announced during the B. Riley & Co. investor conference in Santa Monica, Calif., ...

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Mercury’s Mark Schwabero named Brunswick President, COO

LAKE FOREST, Ill. — Brunswick Corp. announced Mark Schwabero, president of Mercury Marine, has been promoted to the newly created position of president and chief operating officer of Brunswick. In his new role, Schwabero will report to chairman and CEO Dusty McCoy. Schwabero, most recently president of Brunswick's Mercury Marine engine segment, will be succeeded by John C. Pfeifer, who had ...

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NOAA report shows massive economic gains from fishing

In its latest report on the economic gains from fishing, the National Oceanic and Atmospheric Administration reports that U.S. commercial and recreational saltwater fishing generated more than $199 billion in sales in 2012 and contributed $89 billion to GDP. That's a gain of seven percent over the previous year, which translates to a three-percent increase in fishing jobs from 2011 to ...

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The Boat Village launches regional collaborative in SE Florida

Hobe Sound, Fla. – April 10, 2014 – The Boat Village, the marine industry’s leading mobile boat management and service coordination platform, now offers its marine business customers major marketing and outreach services to gain new customers and increase loyalty among existing clients – all at no additional cost. The Boat Village Professional Edition customers are already ahead of competitors, ...

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Malibu’s next act

An exclusive interview with Malibu CEO Jack Springer about taking the company public, launching a new boat brand and the company’s next phase By Tom Kaiser Malibu Boats, the builder of the Malibu and Axis Wake inboard sport boats, recently went public and began trading on the NASDAQ at a price of $14 a share, giving the 30-plus-year-old Tennessee-based boat ...

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Never stop improving – My-Villages service tips

As part of the "King of Profits" story in the May 2014 issue of Boating Industry, we asked My-Villages Inc. for their advice on using technology and customer service to better communicate with customers and, ultimately, increase service department revenue. Never stop improving My-Villages Inc., is the owner of the widely used DockMaster software suite and a marine software startup that ...

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The Boat Village announces major marine enhancements

News Release Hobe Sound, Fla. – The Boat Village, the marine industry’s leading mobile communication and service coordination platform, announced major enhancements to its Professional edition with features to help marine businesses streamline service coordination, increase customer satisfaction and drive revenue. The Boat Village Professional edition is an online service coordination and boat management tool that gives service yards the ...

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Marine Industry Certified Dealership Program sees huge growth

The recently revamped Marine Industry Certified Dealership Program has made great strides since its soft launch in November of last year, and has already seen a 33-percent increase in the number of participating dealers, according to Sonja Moseley, Director of Certification and Benefits at the Marine Retailers Association of the Americas, who administers the program on behalf of the Grow ...

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