Tag Archives: Cobalt

Cobalt introduces R6 Outboard

With day boating becoming an even more popular way to get back to nature, Cobalt Boats has introduced the all-new R6 Outboard sport runabout. Cobalt says the R6 Outboard offers families an even more versatile, economical and comfortable way to spend time together and enjoy a full range of salt-water and lake activities, with all the convenience and capability afforded ...

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Malibu reports slowing in Q3 results

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Malibu Boats, Inc. announced its financial results for the third quarter ended March 31, 2020. “The fiscal third quarter of 2020 was a tale of two environments. Through the greater part of the quarter, we delivered strong performance, as early boat show season momentum extended into March. However, retail strength shifted nearly overnight as the COVID-19 virus ravaged the U.S. late ...

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Cobalt hosts Kansas State Treasurer

In early March, Cobalt Boats was visited by Jake LaTurner, the Treasurer of the state of Kansas, who was reviewing the contributions of regional businesses to the economic performance of the state of Kansas and nation as a whole. During his factory tour, LaTurner said he was impressed by the dedication of Cobalt’s employees and their passion for the work ...

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Cobalt celebrates manufacturing safety milestone

Cobalt Boats has announced that in 2019 it achieved the distinction of compiling more than one million hours worked without a lost-time injury. Cobalt’s approximately 708 employees at its factory in Neodesha, Kansas, reached the million-hour milestone just before Christmas, providing further confirmation of the company’s commitment to workplace safety. This is a first in Cobalt’s long history. To mark ...

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Malibu announces record quarter for Q2

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Malibu Boats, Inc. announced its financial results for the second quarter ended Dec. 31, 2019. Highlights for the second quarter of fiscal year 2020 included a net sales increase of 8.6% to $180.1 million compared to the second quarter of fiscal year 2019. Unit volume increased 2.5% to 1,804 boats compared to the same period last year. Net sales per unit increased 6% to ...

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Malibu releases Q4 FY19 results

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"Fiscal year 2019 was another exceptional year for Malibu. We delivered record-breaking operational and financial performance supported by the strength of our brands, our commitment to operational excellence, and a best-in-class team laser-focused on superior execution," said Jack Springer, chief executive officer of Malibu Boats, Inc. "Pursuit and Cobalt, together with our Malibu and Axis brands, have created a well-rounded, ...

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Cobalt hosts factory tour for US congressman

Last week, Cobalt Boats hosted the Honorable Roger Marshall, U.S Congressman from Kansas, who visited the company to tour the factory and visit with company executives and associates. The Congressman arranged the tour after Cobalt was selected as a ‘Made In America’ business by President Donald Trump and invited to a White House reception in Washington, DC, in late July. ...

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Cobalt unveils new 2020 model A29

Offering a head start on the 2020 model year, premium luxury manufacturer Cobalt Boats has introduced the new Model A29, which incorporates a host of advanced technology and day-boat convenience features, and features the company’s new fully powered, patent-pending Splash & Stow inflatables management system (IMS). Enabling owners to readily deploy, retrieve and store their water recreation devices, the built-in ...

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Cobalt announces facility expansion plans

Cobalt Boats announced it will invest in a multi-year expansion of its Neodesha, Kansas factory to support continued growth in demand for its market-leading day boats.   This major capital project, totaling nearly $7 million, will expand capacity, as well as improve operational efficiency and quality. For more than 50 years, Cobalt has built high-quality boats in Southeast Kansas, and ...

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