Yamaha Jet Boat Manufacturing USA announced Monday that it will buy a building adjacent to its Tennessee facility and add 150 jobs after a $17.7 million expansion. The new production site should be operational by the end of 2015 and boatbuilding should begin in mid- to late-2016, according to...
A rally is taking place today at Manhattan’s North Cove Marina, which has had a strong presence in community sailing programs for working- and middle-class New Yorkers, in an effort to prevent developers from taking over the marina. “Several large, well-connected companies are in a good position...
The 57th annual Toronto International Boat Show, which takes place Jan. 10-18, will include an appearance during the opening weekend by Dawn Wells, better known as “Mary Ann” from the 1960s TV show “Gilligan’s Island.” Wells will sign copies of her new book “What Would Mary Ann Do?” and share...
A deal for the Bass Pro Group to buy Fishing Holdings LLC, which builds Ranger Boats and the Stratos and Triton brands, is expected to close in the first quarter of 2015. That’s according to Bass Pro Shops communications director Tammy Sapp, who told Trade Only Today that there are no plans yet...
Bass Pro Group today announced an agreement to buy Fishing Holdings LLC, a manufacturer of fishing boats that include Ranger Boats, Stratos and Triton, from the Platinum Equity Group. Financial terms of the transaction were not publicly disclosed. After the deal closes, Fishing Holdings will...
The first Larson Boat Group-built Gekko Sports boats are rolling out the door for delivery to dealers. A Gekko Sports Revo 6.7 boat came off its dedicated production line Wednesday, the first after Larson and Gekko Sports announced a partnership in July. Larson will be building all four of...
A marine coatings company and two executives who pleaded guilty in October to willfully conspiring to obstruct the Environmental Protection Agency by selling a known pesticide were fined more than $1 million and sentenced to prison time. New Nautical Coatings, doing business as Sea Hawk Paints...
CAPTIVA, Fla. — Sea Ray wrapped up its 2014 Yacht Expo early Tuesday morning with the weekend’s $40 million sales total sure to draw holiday cheer to the company’s bottom line. Trade Only Today had a chance to experience the performance levels of the new L Class 590 Fly and 650 in the Gulf...
CAPTIVA, Fla. — Sea Ray brought its best customers, top dealers and select media to an end-of-the-year yacht expo in Florida during the weekend to promote and sell its new product lines, especially the new L Class line of 590s and 650s. The new lines have sold beyond all expectations, Sea Ray...
Marine Technology, the membership magazine of the Society of Naval Architects and Marine Engineers, was listed as a finalist for two 2014 Folio: Eddie and Ozzie Awards, celebrating excellence in magazine editorial and design. (MT), as the publication is also called, is an Eddie finalist in the...
ST. PETERSBURG, Fla. — The 2014 St. Petersburg Power and Sailboat Show kicked off to a promising start Thursday, showcased by a robust crowd queueing at the entrance during the morning hours. Exhibitors were optimistic about the opening day traffic and show sponsors were encouraged by the...
Criminal investigators with the Coast Guard are probing an elite group of Los Angeles firefighters at the city’s port to see whether the highly paid operators of the “world’s most powerful fireboat” were actually qualified. The specially trained and equipped fireboat units under scrutiny conduct...
Rain poured down in California on Tuesday — giving the San Francisco Bay area its fifth-wettest day since 2009 and breaking a Dec. 2 record set in 1961 in Los Angeles — but the much-needed rainfall barely put a dent in the historic drought that has plagued the state. The storm also wrought havoc...
Denison Yacht Sales will now accept bitcoins for the purchase of luxury yachts and charters. The peer-to-peer cyber currency is becoming increasingly accepted in transactions, the company said. It has faced both criticism and praise because the currency remains unregulated by any government or...
Sunseeker International named Phil Popham as its new chief executive officer and he will join the company on Jan. 1. Popham comes to Sunseeker from Jaguar Land Rover, where he most recently was group marketing director. He has also been group sales director, managing director of Land Rover and...
A jury decided favorably for FLIR Systems after Raytheon Corp. filed a lawsuit alleging that FLIR subsidiary Indigo Systems Corp. (now known as FLIR Commercial Systems) misappropriated trade secrets. A jury in U.S. District Court for the Eastern District of Texas rejected Raytheon’s allegations...
The Marine Industries Association of South Florida is urging the region’s marine interests to tell the Federal Railroad Administration that they are not at all on board with the proposed All Aboard Florida high-speed passenger rail service from Miami to Orlando. The service, which would start in...
A collapsed deal that would have assigned ownership of the historic Miami Marine Stadium to a non-profit group won’t affect plans for the Miami International Boat Show to take place there in 2016 and 2017. That’s according to show organizer and owner the National Marine Manufacturers...
New-boat sales are tracking to be up about 10 percent this year from 2013, with about 95 percent of the sales that will commence in 2014 having already been made. Pontoons and personal watercraft were “the big winners,” Info-Link managing director Jack Ellis told Trade Only Today, although most...
ORLANDO, FLA. — Volvo Penta’s new 200- and 240-hp sterndrive engines made their first public appearance at this week’s Marine Dealer Conference & Expo, which wrapped up Wednesday. The 200/240, which are 4.3-liter V-6 catalyzed engines, are the first of a fleet of sterndrives that use General...
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