YOY new boat sales dropped 7.4 percent in February
Published On: May 15, 2025Categories: Industry News, NewsFebruary's YOY results align with other economic trends during this period. Photo: NMMA The National Marine Manufacturers Association’s Monthly Recreational Boating Industry Data Summary report indicates that, in the 12-month period ending February 2025, total new powerboat retail unit sales declined 7.4 percent year-over-year to 233,737 units. Early 2025 year-to-date retail sales (January–February) fell 4.8 percent compared to the same [...]
EPA delays start of submission period for PFAS manufacturers and importers
Published On: May 12, 2025Categories: Industry News, NewsThe U.S. Environmental Protection Agency (EPA) has announced an interim final rule to extend the dates of the reporting period for data submitted on the manufacture of perfluoroalkyl or polyfluoroalkyl substances (PFAS). Previously, the submission period was to start July 11, 2025, and it has now been extended to April 13, 2026. For most manufacturers, [...]
U.S. and U.K. announce trade deal, modifying tariffs
Published On: May 12, 2025Categories: Industry News, NewsThe U.S. and the U.K. announced May 8 that the countries have made a trade deal. The deal states that the 10% reciprocal tariff imposed April 2 on U.K. imports is still in effect, but an alternate deal has been made for Section 232 tariffs for U.K. autos. Section 232 tariffs for U.K. steel and [...]
U.S. and China agree to lower tariffs on imports for 90 days
Published On: May 12, 2025Categories: Industry News, NewsU.S. and Chinese officials announced that they have agreed to pause the recently imposed tariffs on imports from each country for 90 days, beginning May 14. The U.S. will lower its 145% tariff on Chinese imports to 30%, and China will decrease its tariff on American imports to 10%. Officials from both countries will meet [...]
ABYC launches new marine trades school directory
Published On: May 6, 2025Categories: Industry News, NewsABYC encourages all marine associations to share the directory and ensure schools in their regions are represented. Photo: American Boat and Yacht Council (ABYC) The American Boat and Yacht Council (ABYC) launched the Marine Trades School Directory, the first and only marine-industry-specific resource designed to help students, parents and industry professionals search for educational programs. [...]
MFA regional workshop registration opens
Published On: May 1, 2025Categories: ATA News, Industry News, NewsGreat Lakes Boat Top in Vonore, Tenn., hosted the Southeast Regional Workshop in 2024. Registration is now open for the Marine Fabricators Association (MFA) 2025 regional workshops. The Southwest Regional Workshop will run Sept. 12-13, 2025, at Paul’s Custom Canvas in Denver, Co. The Great Lakes/Northeast Regional Workshop will take place Oct. 3-4, 2025, at [...]
Correct Craft launches pontoon brand Revel Boats
Published On: May 1, 2025Categories: Industry News, NewsOn April 25, Correct Craft announced the launch of its newest brand: Revel Boats. A company press release said this brand was created for “families, friends and adventurers who value time together on the water.” "At Correct Craft, our focus has always been about making life better for our customers, our people and our communities," [...]
Brunswick Corp. releases Q1 2025 earnings
Published On: April 29, 2025Categories: Industry News, NewsOn April 24, Brunswick Corporation (NYSE: BC) released its first quarter 2025 financial results. A complete and full-text financial results press release is available on the company’s website. Brunswick reported consolidated net sales of $1.22 billion, a decrease of 10.5 percent compared with $1.37 billion in the same quarter a year ago. That said, the [...]
Women Making Waves nominations now open
Published On: April 24, 2025Categories: Industry News, NewsBoating Industry is accepting nominations for its 2025 Women Making Waves industry recognition program. The 2025 Women Making Waves will be featured in the June/July issue of Boating Industry and honored at the Boating Industry ELEVATE SUMMIT in January. Details about ELEVATE to be revealed later. The Women Making Waves program honors women in the marine industry who have made, and continue to make, great [...]
Herculite Products Inc. acquires Strata Film Coatings
Published On: April 23, 2025Categories: Industry News, NewsHerculite Products Inc. announces the acquisition of Strata Film Coatings, a manufacturer of advanced film coating solutions. A company press release says the strategic acquisition marks “a significant milestone in Herculite's ongoing commitment to expand its product offerings and enhance its market presence." “We are thrilled to welcome Strata Film Coatings into the Herculite family. [...]