MarineMax reports 2023 Q1 fiscal results

MarineMax, Inc. (NYSE: HZO) has announced results for its first quarter ended December 31, 2022. Revenue increased 7% to $507.9 million for the quarter ended December 31, 2022, from $472.7 million in the comparable period last year. The growth was primarily driven by contributions from strategic acquisitions, including IGY Marinas which closed in October 2022. […]

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ORR releases annual report

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Minneapolis Boat Show kicks off, Innovation Awards announced

The Discover Boating Minneapolis Boat Show runs through Sunday at the Minneapolis Convention Center. The exhibit hall showcases 600 new boats. At the show, NMMA and Boating Writers International (BWI) announced the winners of the 2023 Minneapolis Innovation Awards, recognizing groundbreaking new consumer marine products in the following categories: fishing boats, pontoon boats, and furnishings. […]

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Winter boat shows kick off in Chicago and Atlanta

January 12, 2023 01-1212-2019 NMMA-Chicago Boat Show for the Heron Agency The Discover Boating Chicago Boat Show, in partnership with Progressive Insurance, kicked off on Jan. 11 at the McCormick Place. The Discover Boating Atlanta Boat Show begins at the Georgia World Congress Center Jan. 12 and runs through Sunday, Jan. 15. Both events are […]

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Mercury releases new Avator 7.5e outboard

Mercury Marine has introduced the Mercury Avator 7.5e electric outboard at the Consumer Electronics Show 2023 in Las Vegas, Nev. Avator is the first in a series of electric outboard products to be released in 2023. Mercury also plans to display concepts for its Avator 20e and 35e outboards, which will be in market later […]

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Volvo Penta appoints Humphree CEO

Volvo Penta recently announced the appointment of Helena Lennerstedt as CEO of Humphree, effective January 2023. Lennerstedt has a background in several leading positions in different companies in the Swedish industry. The last seven years she has been Vice President Purchasing at Volvo Penta. She has a Master’s in engineering from Linköping University and has […]

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Happy Holidays from Boating Industry

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Correct Craft acquires Pacer Marine Engineering

Correct Craft recently announced the acquisition of Pacer Marine Engineering (PME). PME’s assets will be acquired and owned by Correct Craft’s StarFlite Technology Group and operated as Mach Connections, LLC, effective immediately. For over 40 years, the Swiatkowski family has built PME into an industry leader in the marine space, offering their customers solutions and […]

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Brunswick announces Fort Wayne expansion

Brunswick Corporation announced the expansion of its Fort Wayne manufacturing facility with a new 17,000 square feet freestanding building next to its existing facility, where the company will produce fiberglass parts for its Harris and Cypress Cay pontoon brands. The multi-million-dollar investment will reduce lead times, help manage costs and bring nearly 50 new jobs […]

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ABYC announces agenda for SUR/TECH conference

The American Boat & Yacht Council (ABYC) announced the agenda and opened registration for its SUR/TECH virtual conference, Feb. 7-8, 2023, offering continuing education for marine surveyors, technicians and other marine industry professionals. Attendees can choose one day based on topics of interest, or attend both days and earn up to 10 continuing education credits (CEUs). “We […]

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Indmar co-founder passes away at 95

Indmar Marine Engines mourns the loss of its esteemed co-founder, Richard (Dick) Rowe, Sr, who passed away on November 22, 2022 at the age of 95 surrounded by his family. “It is with a heavy heart that I announce the passing of my father,” said Chuck Rowe, former President of Indmar Marine Engines. “My father […]

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NMMA Canada president Sara Anghel steps down

NMMA announced today that Sara Anghel, NMMA Canada president, is moving on from the Association after accepting the role of President/CEO for the Greater Toronto Hotel Association. She will remain onboard at NMMA through December 7. Anghel has been with the NMMA for nearly 15 years, starting as Vice President of Government Affairs for NMMA […]

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Government data reports outdoor recreation industry generates record numbers

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released economic data for 2021 showing the outdoor recreation industry’s impact on the U.S. economy. Outdoor recreation generates $862 billion in economic output and 4.5 million jobs. This is the fifth consecutive year that BEA has released government data on this industry sector. Key highlights from […]

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Correct Craft acquires Indmar Marine Engines

Correct Craft announced the acquisition of Indmar Marine Engines. Indmar will be operated by Correct Craft subsidiary Liberty Technologies which also manages PCM Engines, Crusader Engines, Levitator Engines, and Velvet Drive Transmissions.  While an important new member of Correct Craft’s portfolio of brands, Indmar will continue to operate independently, retaining its own brand and team […]

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