Do new European data privacy regulations affect your business?

June 21, 2018

Many businesses in the U.S. assume the General Data Protection Regulation (GDPR) doesn’t affect them since it’s a European-based regulation. However, the boating industry is a global marketplace and it is quite possible that even small businesses will be affected by the new regulations, according to the National Marine Manufacturers Association (NMMA) website: “Your customers …

NMMA says Trump tariffs bad for boating industry

June 19, 2018

The Trump administration’s recently announced Section 301 tariffs of 25 percent on approximately $50 billion worth of select Chinese products include nearly 300 marine-related parts. National Marine Manufacturers Association (NMMA) President, Thom Dammrich, is calling on the administration to withdraw the tariffs. “The U.S. recreational boating industry—a $39 billion industry that supports 650,000 American jobs—experienced …

Free fishing guide for kids

June 14, 2018

The U.S. Department of the Interior, along with the National Park Service and the U.S. Fish and Wildlife Service, recently published a new free booklet to help kids get hooked on fishing. The Junior Ranger “Let’s Go Fishing!” activity booklet introduces kids and their families to fishing and encourages healthy and responsible outdoor recreation. Kids …

Free social media boating content available

June 12, 2018

Discover Boating, a public awareness effort managed by the National Marine Manufacturers Association (NMMA), is offering a new free resource to provide relevant boating lifestyle content for marine fabricators’ Facebook business pages. This new social media content program, called Get Social with Discover Boating, is available to industry stakeholders in the U.S. and Canada at …

Free international boating resource guide

June 7, 2018

The Department of Commerce’s U.S. Commercial Service, along with the National Marine Manufacturers Association (NMMA), has released the 2018 Pleasure Boat International Resource Guide. This free resource, which includes reports on 32 countries, gives current and prospective exporters specific market insight and information. Click here to download your free copy of the guide.

Polaris enters boating industry with Boat Holdings LLC acquisition

June 5, 2018

Polaris Industries Inc. has signed a definitive agreement to acquire Boat Holdings LLC, a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at a net present value of approximately $805 million. Boat Holdings is the largest manufacturer of pontoon boats in the U.S., one of the largest …

US boating industry sales at a 10-year high

May 31, 2018

The National Marine Manufacturers Association (NMMA) 2017 Recreational Boating Statistical Abstract shows that unit sales of new powerboats increased 5 percent in 2017, reaching 262,000, the highest levels the U.S. recreational boating industry has seen in 10 years. What’s more, total marine expenditures were at an all-time high in 2017 at $39 billion (spending on …

Serge Ferrari announces rebrand and new website

May 30, 2018

Serge Ferrari, a well-known producer of flexible composite materials, has launched a new website, www.sergeferrari.com, that features new product branding for a more intuitive product selection experience. The move streamlines the names of the company’s 125-plus products, and improves brand communication. To enable rapid understanding of the company’s products, the company has renamed many of …

Connecticut cuts boat sales tax

May 24, 2018

A cut in Connecticut’s sales tax on marine vessels from 6.35 percent to 2.99 percent is set for July 1 in an effort to provide a much-needed boost to Connecticut’s boating industry. Democratic Gov. Dannel P. Malloy signed a revised state budget that reduces the state sales tax on vessels, vessel motors and trailers used …

New West Coast Morbern rep

May 22, 2018

Morbern, a designer and manufacturer of upholstery vinyl for commercial interior, marine and automotive markets, announced that Chris Zappala has joined the company as the West Coast sales agent. Zappala will lead the company’s presence in California, Arizona, Utah, Nevada, Idaho, Oregon and Washington, and focus his efforts on the contract market, marine aftermarket and …