News

NMMA seeks nominations for 2023 Freedman Award

Nominations are being accepted for the 2023 Alan J. Freedman Memorial Leadership Award. Recipients of the NMMA's Freedman Award are individuals who have made outstanding contributions to the marine accessories industry through leadership, creativity and personal motivation.  The following are categories for consideration: Marine aftermarket or OEM manufacturerMarine representativeMember of marine-focused mediaBoat dealerMarine distributorMarine trade association staff person To nominate ...

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Yamaha adopts plant-derived materials for PWC parts

Yamaha Marine logo

Yamaha Marine U.S. Business Unit will soon begin to use plant-derived cellulose nanofiber (CNF) reinforced resin in the production of specific watercraft parts. The CNF reinforced resin, developed through a collaborative agreement between Yamaha Motor Co., Ltd. in Japan (“Yamaha Motor”) and Nippon Paper Industries Corporation, Ltd., represents what appears to be one of the world’s first practical use of ...

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Star Brite names new leadership team

Star brite has appointed Gregor Dornau as its new president following its acquisition by OneWater Marine/T-H Marine Supplies in August of this year. Since the close, Dornau has assembled a new leadership team from within the company, naming Erik Applegate as Executive Vice President; Eric Hahn, Senior Vice President of Sales; Derick Cote, Vice President of Product; and Kouri Carey, ...

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Correct Craft team serves at local orphanage

Correct Craft spent a day serving at the Florida United Methodist Children’s Home to honor the legacy of company legend Ralph Meloon. It was the second year in a row that the company celebrated Ralph Meloon day!Since 1908, the Florida United Methodist Children’s home has provided care in a family-style home for children who have been victimized by abuse, neglect, ...

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Brunswick Landing Marina awarded by Marina Life Magazine

Brunswick Landing Marina has been named the Best Large Marina in the country by Marina Life Magazine. The downtown-Brunswick-based marina was chosen by readers of Marina Life for the prestigious award out of thousands of competitors in its annual Best Marina Contest. Marina Life is a leading boating publication created to allow the boating community to fully embrace life on ...

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ICOMIA launches updated distributors’ guide

The comprehensive ICOMIA (International Council of Marine Industry Associations) International Distributors' Guide has been updated and enhanced to improve the ability of ICOMIA Member Associations to assist their members in the development of international distribution networks. The updated guide was introduced to the global marine industry at METSTRADE 2022 last week. It will be available to members of the 37 ...

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Mercury announces v10 outboard

Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has introduced the industry’s first V10 outboard with the launch of its 5.7L 350 and 400hp Verado outboard engines. The Verado’s are compatible with the latest Mercury SmartCraft technologies and will be offered with an optional dual-mode 48V/12V alternator to pair with Navico Group’s Fathom e-power system. “The all-new Mercury V10 ...

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RBFF promotes senior staff

Two senior RBFF staff members have been promoted: Rachel Piacenza has been promoted to Senior Director, Marketing, after leading the successful Get On Board campaign in FY23. Stephanie Hussey, RBFF's longest tenured employee, has been promoted to Senior Director, Government Engagement.

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OneWater releases Q4 results

OneWater

OneWater has announced results for its fiscal fourth quarter and year ended September 30, 2022. Fiscal Year 2022 Highlights Record revenue increased 42% to $1.74 billionSame-store sales increased 12%Gross profit margin expanded 260 basis points to 31.7%Record Net income increased 31% to $153 millionNet income per diluted share attributable to OneWater increased 31% to $9.13Record Adjusted EBITDA1 increased 59% to $248 ...

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