Twin Vee Reports Third Quarter Results
Net sales were up 18% to $3.43 million, and net loss improved 8% to $2.76 million.
Net sales were up 18% to $3.43 million, and net loss improved 8% to $2.76 million.
Ryan Myers will lead MarineMax Pensacola after a position with subsidiary Newcoast Financial.
All funds raised will support Ocean Legacy Foundation’s efforts to eradicate plastic pollution.
The company reported revenue of $197 million for the third quarter, a 3% decrease year-over-year.
Stefan Fristedt is leaving the components and accessories manufacturer to pursue a position outside the organization.
The honors were handed out at the builder’s annual dealer meeting in Beaufort, N.C., at the start of its 2026 model year.
The Marion, N.C., property, which carried no debt, bank loans or other liabilities, sold for $4.25 million.
Total marine group revenue of $150 million was an 11% increase from the prior-year quarter.
The Whale and Vessel Safety Taskforce united industry partners to reverse NOAA’s speed proposal and adopt a technology-based strategy.
These companies are shaping the marine industry through leadership, purposeful innovation and a commitment to positive impact
The Genoa International Boat Show demonstrates why Italy is a global force in the recreational marine space
Why the speed of AI is the biggest competitive threat, and opportunity, that boat dealers face
Winning boat-show strategies now include everything from preshow marketing to in-booth massage chairs
These companies are shaping the marine industry through leadership, purposeful innovation and a commitment to positive impact
The Genoa International Boat Show demonstrates why Italy is a global force in the recreational marine space
Sales increased 13% to $1 billion, with a reported net income of $62 million.
A “truce” includes a U.S. tariff reduction and several pledges by Beijing.
The annual Marine Marketers of America program is open to organizations that publish industry marketing work.
Huntington Distribution Finance and pontoon builder Evotti Marine established an exclusive floorplan financing relationship.
The survey gauges retail trends and other business indicators among boat dealers.
On-and-off rain toned down the excitement on opening day, but it didn’t dampen the enthusiasm of boatbuilders releasing new models.
Analysts say the recent rate cut will primarily benefit the top end of the market, as FLIBS gets underway and winter shows are on the horizon.
Genesis will create the interiors for Forte models and represent the brand in the United States.
Consolidated revenue was up 12% year-over-year, and marine-segment revenue increased 20%.
Now in its 66th year, the show runs through Sunday at seven locations around Fort Lauderdale.
Through the alliance, MarineSource becomes the exclusive online marketplace partner for FLIBS.
Zodiac Nautic will launch its first electric model, the Medline 6.8, with Flux’s 115-hp electric outboard and battery system.
Tommi Salonen has decades of experience, having held positions at Quick, Torqeedo and BRP.
The free online session brings together educators and industry leaders to address preparing students for marine industry careers.
Brock Gavin and Jens Bering have new roles in the company’s North American division.
The Finland-based builder signed two dealers that will carry the brand in eastern Canada.
