Suppliers/Aftermarket

NMMA recaps day one of ABC 2021

Yesterday NMMA kicked off the first day of its annual advocacy event, the 2021 virtual American Boating Congress (ABC). The association welcomed nearly 400 attendees and an impressive lineup of speakers, including members of Congress, chiefs of staff, and directors of offices of outdoor recreation (OREC) from around the country. Throughout the initial day of programming, NMMA member companies and ...

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IBEX to host Supply Chain webinar next week

IBEX 2020

Join IBEX 365 on Thursday, April 29 at 1 p.m. ET for the first webinar in its 2021 series, featuring a live discussion exploring supply chain management in a global, post-pandemic context. Supply chain management is not a specialty any longer, but instead an ecosystem strategy ensuring the competitive advantage. In the last year, the global supply chain consistently made news ...

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FarSounder celebrates 20 years

2021 marks two decades that FarSounder has been dedicated to developing their unique 3D Forward Looking Sonar technology (3D FLS). Back in 2001, the founders saw a need for a solution to answer the question of what is in front of my vessel underwater right now. This real-world issue has since been mitigated with their innovative Argos navigation sonar systems.  ...

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Bruce Van Wagoner to receive 2021 Hammond Marine Industry Leadership Award

Bruce Van Wagoner

The NMMA Foundation for Recreational Boating Safety, Education and Environmental Awareness announced that Bruce Van Wagoner, who recently announced his retirement as President-Marine Group of Wells Fargo, is the recipient of the 2021 Hammond Marine Industry Leadership Award. The award recognizes his extraordinary service, commitment and dedication to the long-term health of the recreational boating industry. Bruce will be honored ...

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National Marine Lenders Association shows highest Q1 loan volume in six years

The National Marine Lenders Association (NMLA), whose lender members extend or originate credit to consumers, retailers/dealers and manufacturers of recreational boats and equipment, reported that its 1Q-2021 Snapshot Quarterly Survey indicates that 88% of responding members stated that their marine loan volume had increased over the same quarter in 2020. The NMLA introduced its first brief Quarterly Survey to lender ...

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Orlando Watersports Complex teaches autistic children how to ride

Orlando Watersports Complex Above The Wake

Orlando Watersports Complex hosted Above The Wake to teach over 40 children that have autism and other disabilities how to wakeboard, kneeboard, and paddleboard. Above The Wake is a local nonprofit that helps disabled kids get on the water. Some children at this event have never been on the water. Watersports often benefits kids with sensory concerns especially those with autism and cognitive delays. ...

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West Marine acquired by private equity firm

West Marine, an integrated, omni-channel provider of aftermarket products and services to the boating, fishing, sailing and watersports markets in the U.S. announced it has entered into a definitive agreement to be acquired by L Catterton.  L Catterton is the largest global consumer-focused private equity firm and has extensive experience building enthusiast brands. Terms of the transaction were not disclosed. Founded in 1968, ...

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Patrick Industries acquires SeaDek

Patrick Industries

Patrick Industries, Inc. announced that it has completed the acquisition of Hyperform Inc., a manufacturer of non-slip foam flooring, operating under the SeaDek brand name, for the marine OEM market and aftermarket. Hyperform also serves the pool and spa, powersports and utility markets under the highly complementary brands of SwimDek and EndeavorDek (collectively, “SeaDek”). SeaDek operates out of two manufacturing ...

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Dockmate launches new remote control hardware

Dockmate, manufacturer of wireless remote controls for yachts, announced its next generation of receivers that are built with advanced hardware and communication features. The new Dockmate receiver includes a modernized look and rugged design that is fully compatible with all electronic engine and thruster controls. The receiver is made completely of aluminum, waterproof to IP67 rating and measures a mere ...

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Bruce Van Wagoner retires from Wells Fargo

Bruce Van Wagoner

Wells Fargo Distribution Finance, part of Wells Fargo & Company, today announced the retirement of marine industry leader Bruce Van Wagoner after 45 years in the industry and 33 years with Distribution Finance (DF). Effective immediately, Chad Lyon will lead DF’s Marine group. “Above all, what I’m most proud of is the long-term customer relationships we’ve built which have strengthened ...

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