Tag Archives: Marine Products Corporation

Marine Products Corporation reports 42% increase for Q2

Marine Products Corporation (MPC) -- manufacturer of Chaparral and Robalo boats -- announced its unaudited results for the quarter ended June 30, 2022. "Our manufacturing facility operated throughout the second quarter of 2022 as we worked to satisfy continued high dealer and consumer demand during the height of the retail selling season," stated Ben M. Palmer, Marine Products' President and Chief Executive ...

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Marine Products Corporation announces changes to leadership

Marine Products Corporation (NYSE: MPX) has announced several changes within its senior leadership team and among its Board of Directors. Marine Products manufactures fiberglass boats under the brand names of Chaparral and Robalo. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral's outboard offerings include OSX Luxury Sportboats, and SSi and SSX outboard models. Robalo ...

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Marine Products Corporation releases first quarter earnings

Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended March 31, 2022. Marine Products is a manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral's outboard offerings include OSX Luxury Sportboats, and SSi and SSX outboard models. Robalo builds an ...

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Marine Products Corp. posts strong increases for Q4

Marine Products Corporation

Marine Products Corporation -- manufacturer of fiberglass boats under the brand names of Chaparral and Robalo -- announced its unaudited results for the quarter and year ended December 31, 2021. For the quarter ended December 31, 2021, Marine Products generated net sales of $76,537,000, a 7.6% increase compared to $71,110,000 in the same period of the prior year. The increase in net sales was due ...

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Marine Products Corporation posts 65% increase YOY for Q2

Marine Products Corporation announced its unaudited results for the quarter ended June 30, 2021.  Marine Products is the manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. For the quarter ended June 30, 2021, Marine Products generated net sales of $67,259,000, a 64.8% increase compared to $40,818,000 in the same period of the prior year.  The increase in net sales was due ...

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Marine Products Corporation reports Q4 results

Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter and year ended December 31, 2020.  Marine Products is a manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series.  Chaparral's outboard offerings include OSX Luxury Sportboats, the 267 SSX OB, SSi outboard models ...

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Marine Products Corp. appoints new board directors

Marine Products Corporation

Marine Products Corporation announced the appointment of Susan Bell and Patrick J. Gunning to the Board of Directors of the Company effective January 1, 2021.  Bell recently retired from Ernst and Young LLP (EY) after a 36-year career in public accounting, serving in key leadership roles. She served clients as an audit and advisory partner, led the EY Southeast Risk Advisory practice, served ...

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Marine Products Corporation reports third quarter results

Marine Products Corporation

Marine Products Corporation, manufacturer of Chaparral, Robalo and Vortex. announced its unaudited results for the quarter ended September 30, 2020.  Marine Products generated net sales of $68,778,000, a 4.8% decrease compared to $72,212,000 in the same period of the prior year. The decrease in net sales was due to a 10.4% reduction in the number of units sold during the quarter as compared to ...

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Marine Products Corporation appoints chairman, new board members

Marine Products Corporation announced the recent appointment of Gary W. Rollins as Chairman of its Board of Directors. Rollins, who joined the Marine Products Corporation Board in 2001, succeeds R. Randall Rollins, who served as Chairman since inception of the organization in 2001 until his passing on Aug. 17, 2020.   Rollins has extensive industry and operations knowledge holding positions ranging from general management and ...

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Marine Products Corporation announces the passing of its Chairman

R. Randall Rollins passes away

Marine Products Corporation announced the passing of R. Randall Rollins, the Chairman of the Board, who died at the age of 88 following a short illness. Long-standing board member Henry B. Tippie, who serves as lead director, and Richard A. Hubbell, Chief Executive Officer and board member, will continue in their respective leadership roles until succession plans are announced. "The Board of ...

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