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Tag Archives: Chaparral

Marine Products Corporation realigns with dealer inventories

Marine Products Corporation — manufacturer of Chaparral, Robalo and Vortex announced its unaudited results for the quarter ended Dec. 31, 2019.  For the quarter ended Dec. 31, 2019, Marine Products generated net sales of $48,175,000, a 22.4% decrease compared with net sales of $62,062,000 in the same period of the prior year.  During the quarter, unit sales declined by 21%, as sales declined across all ...

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Chaparral and Robalo introduce new models, top dealers at annual dealer conference

Chaparral and Robalo Boats celebrated a successful year at its 55th Annual Dealer Conference held at the Ritz-Carlton Lake Oconee in Greensboro, Georiga.  This year’s conference spotlighted the release of several new Chaparral and Robalo models for the 2020 model year and culminated in the recognition of dealers for their outstanding sales achievements over the past year. Chaparral and Robalo ...

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Senator David Perdue joins Congressional Boating Caucus, visits Chaparral Boats

Last week, Senator David Perdue (R-GA) toured Chaparral Boats Inc.’s facility in Nashville, Georgia – which includes over 1 million square feet of manufacturing space and employs a full-time roster of 1,000 people. NMMA encourages other members to work with them on scheduling factory visits with their respective elected officials; critically important opportunities for highlighting the recreational boating industry. During ...

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Marine Products Corporation announces 2018 Q2 financial results

Marine Products Corp. has announced its financial results for the quarter ended June 30, 2018.  For the quarter ended June 30, 2018, Marine Products generated record quarterly net sales of $87 million, a 21.7 percent increase, compared to $71.4 million  in the same period of the prior year.  The increase in net sales was due to a 13.3 percent increase ...

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Everybody’s gone surfin’…

As the Beach Boys predicted in 1963, everybody’s gone surfin’. But not at the beach – today’s surfers are mostly found playing behind boats. With affordable surf boats and high-end tow boats appealing to a wider range of buyers than ever, the watersports category has never been stronger. Brian Wilson and The Beach Boys must be feeling more than a ...

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Marine Products Corp. reports fourth quarter 2017 results

Marine Products Corp. has announced a net sales increase of almost 15 percent for the fourth quarter of 2017. Higher unit sales were reported for the company's Chaparral Surf Series models, its larger Chaparral SSX Sportboats, and Robalo Explorer models.  "Our fourth quarter 2017 financial results were driven by higher volumes and a model mix which included larger boats, both of ...

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Marine Products Corporation reports Q2 2017 results

Marine Products Corporation (NYSE: MPX), builder of Chaparral and Robalo Boats, announced its unaudited results for the quarter ended June 30, 2017. For the quarter ended June 30, 2017, Marine Products generated net sales of $71,484,000, a 9.9 percent increase, compared to $65,066,000 in the same period of the prior year. The increase in net sales was due to a ...

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Chaparral and Robalo award 2017 scholarships

Chaparral Boats, Inc. and Robalo Boats LLC awarded $60,000 in college scholarships to six graduating seniors within the Chaparral and Robalo family. “Our employees are some of the hardest working people in the marine industry and we are excited to support their children’s endeavors toward their chosen career path,” said Buck Pegg, executive vice president of Chaparral and Robalo. “We feel ...

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Wells Fargo CDF enters strategic program with Chaparral and Robalo

Wells Fargo Commercial Distribution Finance, part of Wells Fargo & Company (NYSE: WFC), announced it has entered into a strategic agreement with Chaparral and Robalo Boats, effective the 2018 model year. Under the program, CDF will deliver inventory financing solutions to the manufacturer’s network of marine dealers in North America. The program will provide qualified dealers with exclusive vendor supported financing terms ...

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