MasterCraft Boat Holdings, Inc. has announced that its NauticStar business was acquired by a subsidiary of Iconic Marine Group. Iconic Marine Group assumed substantially all liabilities related to the NauticStar business and intends to continue operating the NauticStar business as usual. The transaction, which closed on September 2, 2022, is subject to a customary working capital adjustment. Fred Brightbill, Chief Executive Officer and Chairman of MasterCraft ...
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Simrad announces exclusive partnership with NauticStar
Simrad products will be the exclusive marine electronics for NauticStar Boats as part of an expanded partnership announced recently. “We are excited to renew our partnership with NauticStar Boats and look forward to providing their customers the best in navigation systems,” said Les Ares, Director of boat builder and OEM sales. “Innovative technology and premium features define our products and ...
Read More »Lawmakers visit NauticStar Boats
Senator Roger Wicker (R-MS) and Congressman Trent Kelly (R-MS-1) visited NauticStar Boats (NauticStar) for a manufacturing tour and to discuss recreational fishing and boating industry priorities with new NauticStar president Scott Womack. NauticStar, based in Amory, Miss., employs 250 people in its more than 200,000-square-foot manufacturing facility. Along the tour, Senator Wicker and Congressman Kelly met NauticStar employees and saw ...
Read More »NauticStar names new president
MasterCraft Boat Holdings, Inc. has named Scott Womack as president of NauticStar Boats. Womack, 51, has served in a variety of leadership positions with large automotive suppliers and brings 27 years of manufacturing and global operations experience. He joins NauticStar from Autoneum Holdings AG (“Autoneum”) where he oversaw five manufacturing sites as VP of U.S. Operations. Prior to joining Autoneum, ...
Read More »MasterCraft joins others in temporary suspension of manufacturing
MasterCraft Boat Holdings, Inc. recently provided an update on its business and announced several actions that the company is taking to protect the health and safety of its employees, dealers and communities in light of the COVID-19 pandemic. “COVID-19 is posing unprecedented challenges and uncertainty for MasterCraft, our industry and the entire global economy,” said Fred Brightbill, CEO and Chairman ...
Read More »MasterCraft names new CEO
MasterCraft Boat Holdings, Inc., parent entity of MasterCraft, NauticStar and Crest, today announced that its board of directors has named current board chair and interim chief executive officer, Frederick A. Brightbill, as the company’s new permanent CEO, effective immediately. Brightbill assumed the role of Interim CEO following Terry McNew’s resignation in October 2019. Concurrently, Roch Lambert, CEO of Curt Group, an automotive product aftermarket ...
Read More »NauticStar honored with NMMA Global Star
NauticStar Boats, LLC was recently named the latest recipient of NMMA’s Global Star program, which honors companies excelling in its export efforts. NauticStar recognized that in the business of today, it was imperative to start thinking globally. The new-to-export company understood that to experience sustained and healthy growth, its global footprint needed to expand. Learn more about their export efforts here. Throughout 2019, ...
Read More »MasterCraft Boat Holdings names new NauticStar president
MasterCraft Boat Holdings, Inc. announced that it has promoted Jay Povlin, MasterCraft’s Global Vice President of Sales and Marketing, to President of NauticStar, effective immediately. Povlin, 53, joined MasterCraft in 2013 and brings considerable marine executive business leadership experience from both domestic and international markets. His extensive background in sales and marketing, strategic planning and execution, financial management, and communications have ...
Read More »MasterCraft reports Q2 FY 2019 results
MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), designer, manufacturer and marketer of recreational powerboats through its three wholly-owned subsidiaries, MasterCraft Boat Company, LLC, NauticStar, LLC, and Crest Marine LLC, announced financial results for its fiscal 2019 second quarter ended Dec. 30, 2018. Total net sales for the fiscal second quarter were $121.5 million, reflecting an increase of $43.1 million, or 55.0 ...
Read More »NauticStar introduces three new models
NauticStar Boats, a subsidiary of MasterCraft Boat Holdings, Inc., recently launched the new 195 Bay Boat in August 2018, followed by the 251 Hybrid in September 2018, and will be debuting its largest offshore model yet, the 32 XS Offshore at the Miami International Boat Show in February. “To say ‘we have been busy at NauticStar’ is an understatement,” said ...
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