Furuno Electric expects to triple boat product sales
TOKYO — Bloomberg News reports that Furuno Electric Co., the world’s largest marine electronics maker, expects its sales of pleasure-boat products to triple to $326.6 million in five years on demand from China.
“A private-boating culture is emerging in China,” President Yukio Furuno said at a meeting held for analysts in Tokyo yesterday. “The government is building marinas, expanding the potential of the country’s pleasure-boat market.”
Click here for the full report.
- Can’t get enough boating news? Subscribe to our blog’s RSS feed, follow us on Twitter or look for “Boating Industry” on Facebook and LinkedIn.
- For more of the latest news, click here.
