Business

Canadian marine company Rossiter Boats resumes operations under new ownership after declaring bankruptcy in June, due to a shortage of outboards above 150 hp. “We suspended production in early June…

The Michigan Boating Industries Association (MBIA) board has appointed Pete Beauregard, Jr., president of Colony Marine in St. Clair Shores, to the MBIA board of directors as the Southeast Regional…

In order to grow its new marine group, BRP announced it will buy the maker of Manitou pontoons, Triton Industries. The addition follows the news that the group purchased Alumacraft,…

Holland, Michigan’s newest boat brokerage and dealer has opened on the third floor of M.E. Yacht Restoration’s showroom. The sales offices overlook the massive 70,000-square-foot temperature-controlled building. West Michigan Yacht…

Pete Beauregard, Jr., president and owner of Colony Marine in Michigan, has appointed Dave Giles to the position of vice president of sales and marketing. “We are extremely excited to…

Navico Group — the parent company of Lowrance, Simrad and B&G — announced that C-Map and Navico have merged. The two have a “shared ambition” to fashion the “world’s biggest digital…

Oakland Capital Partners, LLC closed its private investment in Trident Funding Corporation, the largest originator of boat and yacht loans in the U.S. Founded in 1996 by Jim Foley, Bob…

Bay Marine has added Monte Carlo Yachts to its lineup of product offerings. Monte Carlo Yachts is a luxury custom yacht manufacturer out of Monfalcone, Italy that builds custom flybridge…

Premier Pontoons has announced that it has exited Chapter 11 bankruptcy. The company, under new ownership, will continue to manufacture boats for distribution nationwide. Premier first filed for Chapter 11…

Grand Banks announced it will acquire Stuart Service Yard in Florida to serve as its official U.S. headquarters, consolidating its existing U.S. offices and storage. The marina will also replace…