News

STUART, Fla. – Attendance for the first two days of the Stuart Boat Show, produced by Allsports Production, was up 30 percent, despite cool weather, according to an article today in The Stuart News. Promoter Rick Allen also told the newspaper that sales were “as ‘brisk’ as ever” during the first two days of the show, which featured about 500 ...

SANTA ROSALILLITA, Mexico – The future of a $1.3-billion proposal by the Mexican government to build 27 marinas along Mexico’s Baja peninsula remains in question years after President Vicente Fox first began promoting it, according to a Saturday report by the Associated Press (AP). Only half of one of the 27 marinas has been built, largely due to environmental concerns, ...

RESEARCH TRIANGLE PARK, N.C. – Reichhold has raised the price of all unsaturated polyester resins sold in the U.S., Mexico and Canada by $.03 per pound effective for orders shipped on or after February 9, it reported in a recent statement. “We had hoped for relief from raw materials pressures throughout 2003,” said Ken Moran, Reichhold director of sales, North ...

EAST GREENWICH, R.I. – YachtsOfStuff.com has received a commission account for boating hardware from US Rigging Supply, Inc., S2ware, LLC reported in a statement today. Hardware to be promoted and sold on YachtsOfStuff.com includes, pad eyes, thimbles, snap hooks, carbiners, shackles, deck cleats and anchors. Hardware can be purchased in minimum lots sizes ranging from 20 to 1000 units. US ...

STUART, Fla. – Performance power boat builder Sonic USA Inc. of Hollywood, Fla., and offshore fishing boat manufacturer Florida Boat Works Inc. of Stuart, Fla., are consolidating their operations with the intention of creating new products together, sharing technology and increasing efficiency, reported the South Florida Sun-Sentinel in an article today. The new company’s boat manufacturing will be based in ...

MINNEAPOLIS, Minn. – Genmar Holdings Inc. Chairman Irwin Jacobs has backed out of a Mississippi River marina development project after learning that the Minneapolis Park and Recreation Board could not work exclusively with him, the Star Tribune reported in an article today. “We just decided it wasn’t for us,” he told the newspaper. “It’s typical of the world we live ...

CANONSBURG, Penn. – Trident Rubber is relocating to a larger facility to accommodate sales growth over the past several years, the company reported in a statement yesterday. After spending 18 years at its old, 1,579-square-meter location, Trident moved into a 2,322-square-meter warehouse. The relocation marks the first step in Trident’s plans to support the expanded production needs, according to the ...

FOND DU LAC, Wis. – Mercury Marine has filed a petition with the U.S. Department of Commerce and the U.S. International Trade Commission asserting that Japanese manufacturers of outboard engines have violated U.S. anti-dumping laws, the company reported in a statement today. “Our analysis shows that for some time Japanese manufacturers have been selling their outboard engines in the United ...

MIAMI, Fla. – New boat sales in the 15-foot-plus powerboat segment held steady in positive territory during the months of September, October and November, according to Info-Link’s November Bellwether Report, released today. Of particular interest is the outboard fiberglass category, which continues a healthy upward trend, especially in the warmer states, Info-Link reported. Among the manufacturers in this segment that ...

STURGEON BAY, Wis. – Under a settlement approved by a Wisconsin judge, British investor Timur Mohamed now holds possession of the Palmer Johnson name and in exchange has committed to keeping the yacht building business in Sturgeon Bay with at least 100 employees for the next two years and three months, the Green Bay Press-Gazette reported in an article today. ...