News

Sales Up For Steering & Controls Sector

The steering and controls sector of the boating industry is seeing a rise in sales despite challenging economic conditions. Many manufacturers believe the reason for this increase is two fold. On one hand, the major advancements in technology and innovation in the steering and controls market is proving difficult for consumers to resist; on the other hand, the soft economy ...

Read More »

Marinas attract government attention

More government officials will think about marinas’ contribution to the economy this year than last year before they make decisions that could affect the marine industry. That was one of the goals established by the Marina Operators Association of America (MOAA) when it launched the first National Marina Day in 2002, and it appears it has been met. With 53-percent ...

Read More »

First combined IBEX upon us

By the time November 1 hits, organizers of the International BoatBuilders’ Exposition & Conference (IBEX) will be breathing a deep sigh of relief. Though the decision this spring to combine Professional BoatBuilder magazine’s IBEX and the National Marine Manufacturers Association’s BoatBuilding into one mega-event took the pressure off industry companies participating in both events, it put the pressure on producers. ...

Read More »

Brunswick enters supplier/distributor sector

Brunswick Corp., already the leading producer of recreational marine engines and fiberglass boats, spent about $133 million this summer to become a major OEM and aftermarket parts supplier and aftermarket parts distributor. Brunswick, which also builds exercise and bowling equipment, spent $52 million to buy aftermarket parts distributor Land ‘N’ Sea Corp., and it spent $47.9 million to buy OEM ...

Read More »

Finance Sector Firms Improve Efficiency

While the boating industry has seen an up-and-down year with the economy and fluctuation in sales, the state of the retail marine finance sector seems more stable. With technology improving and companies relying more heavily on the Internet, the retail finance market is becoming more efficient for dealers and their customers. The ease of financing has improved significantly over the ...

Read More »

Not just a .com anymore

In a year that has been flat for most of the marine industry, boats.com Inc. has seen year-over-year growth of about 35 percent. The accomplishment is an even bigger feat, considering that the company, known best for its online boat listing service, rode the wave and then the crash of the Internet boom a few short years ago. During the ...

Read More »

Boating Industry magazine recognized with prestigious Ozzie award

NEW YORK CITY -- Boating Industry magazine, which was purchased and subsequently redesigned by Ehlert Publishing Group, Inc. in October of 2002, won a gold medal Ozzie Award for its new look. The 17th-annual Ozzie Awards, which are sponsored by Folio: magazine, recognized Boating Industry as the Best Redesign of a business-to-business publication with a circulation under 35,000. The Ozzie ...

Read More »

Aero Marine Engine moves its headquarters to N.Y.

TORRANCE, Calif. -- Aero Marine Engine, Inc., a developmental stage company which has acquired the rights to the Dyna-Cam engine, will be relocating its headquarters from Torrance, Calif., to Ronkonkoma, N.Y., the company announced Wednesday. This site is currently the home to Perma-Tune Electronics of which Aero Marine shares commonality of ownership and is controlled by the same principal shareholders, ...

Read More »

MIASF to distribute updated boating safety guide

FORT LAUDERDALE, Fla. -- The Marine Industries Association of South Florida (MIASF) will distribute the updated 2003- 2004 Broward Safe Boating Guide at the 44th Annual Fort Lauderdale International Boat Show, the organization reported Wednesday. The booklet is a free information resource for South Florida boaters and marine interests with important details necessary for safe and enjoyable recreational boating, the ...

Read More »

NMBA offers Marine Lending Workshop

CHICAGO, Ill. -- Basics of recreational marine lending will be addressed during the National Marine Bankers Association’s (NMBA) Annual Marine Lending Workshop scheduled for December 7 – 9 in Fort Lauderdale, Fla., the association reported Tuesday. The two-day program is specifically designed for those entering or specializing in this branch of consumer lending and provides a complete course on the ...

Read More »