Tag Archives: Robalo

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 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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Simrad partners with Chaparral and Robalo

Simrad recently announced it has been selected as the exclusive marine electronics supplier for Chaparral/Robalo boats. For model year 2021, Simrad will be the only marine electronics option on all 27 Chaparral models and all 22 Robalo models. Simrad systems are now also standard fit on the Robalo R360 center console and the R317 dual-console boats, as well as on 10 Chaparral models: ...

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Marine Products Corporation realigns with dealer inventories

Marine Products Corporation — manufacturer of Chaparral, Robalo and Vortex announced its unaudited results for the quarter ended Dec. 31, 2019.  For the quarter ended Dec. 31, 2019, Marine Products generated net sales of $48,175,000, a 22.4% decrease compared with net sales of $62,062,000 in the same period of the prior year.  During the quarter, unit sales declined by 21%, as sales declined across all ...

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Chaparral and Robalo introduce new models, top dealers at annual dealer conference

Chaparral and Robalo Boats celebrated a successful year at its 55th Annual Dealer Conference held at the Ritz-Carlton Lake Oconee in Greensboro, Georiga.  This year’s conference spotlighted the release of several new Chaparral and Robalo models for the 2020 model year and culminated in the recognition of dealers for their outstanding sales achievements over the past year. Chaparral and Robalo ...

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Marine Products Corporation announces 2018 Q2 financial results

Marine Products Corp. has announced its financial results for the quarter ended June 30, 2018.  For the quarter ended June 30, 2018, Marine Products generated record quarterly net sales of $87 million, a 21.7 percent increase, compared to $71.4 million  in the same period of the prior year.  The increase in net sales was due to a 13.3 percent increase ...

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Marine Products Corp. reports fourth quarter 2017 results

Marine Products Corp. has announced a net sales increase of almost 15 percent for the fourth quarter of 2017. Higher unit sales were reported for the company's Chaparral Surf Series models, its larger Chaparral SSX Sportboats, and Robalo Explorer models.  "Our fourth quarter 2017 financial results were driven by higher volumes and a model mix which included larger boats, both of ...

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Marine Products Corporation reports Q2 2017 results

Marine Products Corporation (NYSE: MPX), builder of Chaparral and Robalo Boats, announced its unaudited results for the quarter ended June 30, 2017. For the quarter ended June 30, 2017, Marine Products generated net sales of $71,484,000, a 9.9 percent increase, compared to $65,066,000 in the same period of the prior year. The increase in net sales was due to a ...

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Chaparral and Robalo award 2017 scholarships

Chaparral Boats, Inc. and Robalo Boats LLC awarded $60,000 in college scholarships to six graduating seniors within the Chaparral and Robalo family. “Our employees are some of the hardest working people in the marine industry and we are excited to support their children’s endeavors toward their chosen career path,” said Buck Pegg, executive vice president of Chaparral and Robalo. “We feel ...

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