Tag Archives: malibu boats

Malibu Boats has achieved over three million safe man hours worked at its Loudon, Tenn. facility. Three million man hours without a lost time incident meant the production facility had worked for more than three years without incident. “Safety of our people is our top metric and is listed as our first core value. This focus on safety is clearly ...

In a letter to all Cobalt employees, Paxson St. Clair officially announced this week that he would be stepping down from his role as President of Cobalt Boats and Board Member for Malibu Boats, Inc. to spend more time with family.  A statement from Malibu said St. Clair will remain highly engaged with the brand that he and his family ...

Ernst & Young LLP named Malibu Boats CEO Jack Springer regional winner for Entrepreneur Of The Year in the Southeast. The program recognizes entrepreneurs and leaders of high-growth companies who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. Jack Springer was selected as the Southeast regional ...

ChannelPRO Mobile a pioneer in mobile training (mLearning) and sales enablement announced it has been selected by Malibu Boats, Inc. (MBUU) to launch Malibu University, a new education and coaching platform for its dealer network. “Malibu Boats is an incredible brand and a true leader in the category.  And they have gotten to that position because they are always pushing ...

A group of boating industry executives and their sponsored friends from eight states joined together for the fifth Boaterz n Bikerz of America: Hull of a Tour 5, “The Dragon’s Roar,” a weeklong epic adventure that celebrates the best of boating and motorcycling and the recreational outdoor lifestyle. Staged this year in the Smokey Mountains with base-camp at the Iron ...

Malibu Boats announced its new engines, the Malibu Monsoon M5Di and M6Di have achieved the highest certification through the California Air Resources Board (CARB). The level five “Extremely Clean” rating makes the M5Di and M6Di the lowest emissions engines in the industry. “Direct injection technology and the design of our exhaust with a three-way catalyst has allowed us to be ...

Malibu Boats, Inc. (Nasdaq: MBUU) announced its financial results for the second quarter ended Dec. 31, 2018. Highlights for Q2 of fiscal year 2019 include: Net sales increased 45 percent to $165.8 million compared to the second quarter of fiscal year 2018. Unit volume increased 18.2 percent to 1,760 boats compared to the second quarter of fiscal year 2018. Net ...

Malibu Boats, Inc. recently announced its financial results for the first quarter ended Sep. 30, 2018. "Fiscal year 2019 started strong, with our first quarter results delivering robust growth and increasing profitability. Demand for our product continues to be record setting,” Jack Springer, Chief Executive Officer of Malibu Boats, Inc. said. “We also continue to strive to be the most efficient ...

Malibu Boats, Inc. has closed on its acquisition of Pursuit Boats from S2 Yachts. Total consideration for the transaction is $100 million. The transaction was paid with $50 million of cash on hand and $50 million of borrowings under an incremental revolving credit facility that was added to Malibu’s existing credit facility. “As a leader in the saltwater outboard fishing ...

Malibu Boats introduced the newest model, the Wakesetter 25 LSV, for 2019. The 25 LSV is the 25-foot flagship of the LSV line. Being the biggest, it offers the most interior space, storage capacity, ballast, as well as the biggest wake and wave. With technology and comfort innovations like wireless phone charging, a redesigned helm seat, a starboard locker for ...