July 2009 Issue

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Features

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News

  • More credit for marine industry

    The Small Business Administration (SBA) is allowing small businesses to qualify for guaranteed loans based on net worth and average income, giving more credit to marine dealers.

  • Fuel prices won’t affect boating

    Boat use is expected to rise during the summer months thanks to lower gas prices.

  • Powerboat sales down

    Powerboat sales dropped 32 percent in the past year. However, the decline seems to have flattened out within the three-month period that ended March 31.

  • IFAI State-of-the-Industry 2009

    In April 2009, the Industrial Fabrics Association International released a digital version of its two-part State-of-the-Industry series, published in the February and March issues of Specialty Fabrics Review.

  • National Boating Day declared

    National Boating Day has been declared as July 1 to recognize the boating industry’s recreational role in society, as well as its economic impact.

  • Textile recycling opportunities highlighted

    Textiles Intelligence published an article by MarketResearch.com in February, 2009, describing forms of textile recycling and businesses making it work.

  • Marine dredging projects to increase

    The American Recovery and Reinvestment Act is expected to stimulate the maritime and boating industries by including $440 million worth of dredging projects in the U.S. Army Corps of Engineers stimulus list.

  • Cancellation of NMMA boat shows

    The National Marine Manufacturers Association (NMMA) has decided to discontinue three of its shows to strengthen the industry’s selling environment and create better opportunities within its stronger market shows.

  • New York Boat Show dates moved

    The National Marine Manufacturers Association has moved the New York Boat Show out of its holiday dates and back into its traditional timeframe.

  • New boat sales down

    The number of new boats sold from dealerships was down 47 percent in the first quarter, compared to 2008 numbers.

  • Textile demand expected to increase

    Analysts are expecting global textile demand to increase in the future.

  • Sunbrella fabric on Fairline yachts

    Luxury yacht builder, Fairline Boats Ltd., has chosen to feature Sunbrella Supreme for its biminis and cockpit covers on its flagship Squadron 78.

  • Glen Raven sponsors Coast Guard program

    Glen Raven Custom Fabrics was named sponsor of the U.S. Coast Guard Auxiliary’s Recreational Boater Safety Visitation Program (RBSVP).

  • Repreve selected to supply health care curtains

    Repreve FR from Unifi has been selected by textile supplier Momentum Textiles for a line of health care privacy curtains.

  • Dometic reorganizes

    Dometic Group has reorganized to include Dometic Marine, allowing the division to focus more on global marine trading activities.

  • Genmar files Chapter 11

    Genmar Holdings Inc., makers of Larson, Glastron, Four Winns, Carver, Ranger and other recreational boat brands, has filed for Chapter 11 bankruptcy protection.

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