News

Electric outboard motor manufacturer receives new funding

Pure Watercraft electric outboard

Electric boating technology company Pure Watercraft closed a total Series A financing of $37.5M, including a previously-announced $23.4M. The funding round was led by L37, a hybrid venture capital and private equity firm. L37 Managing Partner Randall Ussery will also join Pure Watercraft's board of directors. Driven by its mission to make boating more enjoyable, accessible, and environmentally-friendly, Pure Watercraft brings direct-to-consumer ...

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New RBFF study offers insights to retain new anglers, boaters

The Recreational Boating & Fishing Foundation (RBFF) announced the findings of a major national research study in partnership with global market-research firm IPSOS to provide the industry with insights for retaining and engaging the new audience surged amidst COVID-19. The study, titled Casting a Wide Net: Identifying New Anglers and Boaters and Determining Tactics for Retention, projects millions of new and ...

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Barletta president named finalist for Entrepreneur of the Year

Bill Fenech, president and founder of Barletta Pontoon Boats was named an Entrepreneur Of The Year 2020 National Award Finalist by Ernst & Young LLP (EY US) during it’s annual award program this past month. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. The award recognizes those ...

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Thom Dammrich takes the helm of CSP Board of Directors

The Center for Sportfishing Policy (CSP), the nation’s leading advocate for saltwater recreational anglers, announced its new chairman of the board of directors, Dr. Thom Dammrich. Dammrich was elected to succeed Robert “Bob” Hayes in the leadership role at CSP’s fall board meeting on Thursday, December 3. The board also elected Dave Pfeiffer, president of Shimano North America Fishing, to lead ...

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Princecraft earns Employer of Choice Award from Boating Industry Canada

For the fourth consecutive year, Princecraft Boats has been awarded the Employer of Choice Award – Marine Business category, by the Boating Industry Canada Employer of Choice (BICEOC) Award Program.  The award, which is historically presented during the Toronto Boat Show, was announced virtually this year. “We are proud to be awarded the 2021 Boating Industry Canada Employer of Choice Award ...

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ShoreMaster launches hydraulic TruLift

ShoreMaster, LLC, manufacturer of waterfront lifts, announced the launch of its latest hydraulic lift model – the TruLift.  ShoreMaster says as the culmination of decades of experience in designing and building the best waterfront boat lifts, TruLift offers superior reliability, premium performance and ultimate convenience. Its true hydraulic design requires minimal maintenance, and with precision welded construction and the finest ...

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ABYC SUR/TECH Conference supports continuing education needs

ABYC logo

The American Boat & Yacht Council (ABYC) is hosting SUR/TECH, a virtual training event, Jan. 6-7, 2021, dedicated to providing continuing education for marine surveyors, technicians and other marine professionals. “With technical training events canceled around the world, ABYC reached out to industry leaders and top educators to support marine industry professionals in their continuing education needs,” said Kevin Scullen, ABYC ...

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NMLA announces new board and 2021 officers

The National Marine Lenders Association (NMLA) has announced the results of the association’s recent election for three board seats and the board’s confirmation of officers. The directors, each elected to serve a three-year term, are incumbents John Haymond, Senior Vice President Medallion Bank, and Don Parkhurst, most recently Senior Vice President of Truist Bank. Newly elected to the board is ...

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Navico named preferred supplier by UMMA Boat Building Group

Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands announced today it has been named the preferred marine electronics supplier for the United Marine Manufacturers Association (UMMA) boat building group. The UMMA is an association of 61 independent boat-builders who, while operating autonomously, have joined together to enhance their collective ability to address important industry issues which effect their survival ...

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Marine Products Corp. appoints new board directors

Marine Products Corporation

Marine Products Corporation announced the appointment of Susan Bell and Patrick J. Gunning to the Board of Directors of the Company effective January 1, 2021.  Bell recently retired from Ernst and Young LLP (EY) after a 36-year career in public accounting, serving in key leadership roles. She served clients as an audit and advisory partner, led the EY Southeast Risk Advisory practice, served ...

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