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Tag Archives: Hurricane

Nautical Ventures organizes Bahamas hurricane relief effort

In the wake of the devastating damage left by Hurricane Dorian, Nautical Ventures Group has established a Bahamas Relief Effort comprised of a GoFundMe campaign, as well as being the drop of point where South Florida residents can donate much needed canned goods and supplies. The fund will provide much needed relief to people impacted by Hurricane Dorian’s storm system ...

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Nautique team helps rebuild in Puerto Rico

A group of employees and athletes from the Nautique Boat Company visited the island of Puerto Rico to help rebuild a home devastated by last year’s hurricane. Even after a full year in recovery, there is still plenty of work to be done in Puerto Rico after Hurricane Maria caused significant damage to homes, businesses and infrastructure on the island. ...

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Marine industry members team up for Hurricane Michael relief

In the wake of the category 4 Hurricane Michael, the marine industry is banding together to support those affected by the deadly storm. Cities along the Florida Panhandle were among those hit the hardest as the storm made landfall in early October. From heavy rain and high winds to the following storm surges, Michael caused mass destruction to the area. ...

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Polaris reports Boat Holdings tracking to early expectations

Polaris Industries Inc. today reported third quarter 2018 sales of $1.65 million, up 12 percent from $1.48 million for the third quarter of 2017. Overall, adjusted sales for the third quarter of 2018 were $1.65 million, up 12 percent from the prior year period. Boat segment sales, which consist of the Boat Holdings acquisition that closed in early July, were ...

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Polaris enters boating industry with Boat Holdings, LLC acquisition

Polaris Industries Inc. has signed a definitive agreement to acquire Boat Holdings, LLC, a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at a net present value of approximately $805 million. Polaris also expects that approximately $100 million NPV of future net tax benefits will accrue to the combined company. When adjusted ...

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Industry professionals address hurricane recovery at IBEX

Boatbuilders and marine industry professionals attending the 27th International BoatBuilders’ Exhibition & Conference in Tampa learned more about recent Texas and Florida hurricane recovery best practices during a special session Wednesday morning. A panel of IBEX presenters with backgrounds in insurance claims, electrical systems, hazard mitigation, security, and recovery conducted an hour-and-a-half session for attendees. The session began with the ...

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IBEX adds special hurricane session

The IBEX team has added a special session to its schedule to provide practical insights and updates on marine businesses impacted by Hurricanes Irma or Harvey. The free session will be held Wednesday, Sept. 20 from 11 a.m. to noon in Room 12. "I am hopeful that bringing the industry together so soon after these hurricanes will begin many critical ...

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Deck boats continue to appeal to boaters

Seating more passengers than a bowrider and easier to tow than a pontoon, deck boats continue to appeal to boaters Designed to blend the generous seating capacity and family-friendly layout of a pontoon boat with the familiar look and easy trailering of a traditional runabout, deck boats would appear to offer boaters an ideal compromise between practicality and performance. They ...

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Godfrey Marine sells Polar Kraft brand

Godfrey Marine has sold its Polar Kraft aluminum fishing boat line to private investors, the company announced Thursday. Godfrey, which also manufactures Hurricane deck boats and Godfrey pontoon boats, is part of Highwater Marine, the company formed by Bennington Marine after it acquired Nautic Global Group in October. The new owners are acquiring the brand and certain assets and liabilities ...

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Godfrey, Hurricane name new British Columbia dealer

Breakwater Marine is now the Lower Mainland’s exclusive dealer for Godfrey Pontoons offering Sweetwater, Aquapatio and SanPan brands. Breakwater Marine, located in Surrey, British Columbia, is also now BC’s exclusive dealer for Hurricane deck boats. “We are very excited to offer these versatile boats to consumers in BC," said Breakwater CEO Aaron Fell. "As our market continues to evolve, the ...

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