Business

Malibu Boats recently announced that it has set the machinery in motion to acquire Cobalt Boats, a manufacturer and distributor for premium sterndrive and outboard boats. Malibu will purchase Cobalt…

Happy birthday to Dr. Shrink, Inc.! This full-service supplier of premium shrink-wrap, installation supplies and accessories celebrates 25 years in 2017. The Manistee, Michigan-based supplier first started in the garage…

The $36 billion U.S. boating industry saw powerboat sales rise 6 percent in 2016, reaching 247,800 boats, according to the National Marine Manufacturers Association’s (NMMA) 2016 Recreational Boating Statistical Abstract.…

Fans of ActiveCaptain will be pleased to hear that Garmin recently acquired the company, officially known as Active Corporation. ActiveCaptain is a community-based electronic marine database that was founded by…

Brunswick will be pumping new life into its already vibrant research and development efforts through its Brunswick Innovation Laboratory. The new lab will find its home in the Research Park…

Seakeeper recently announced the promotion of Andrew Semprevivo to chief operating officer. Previously, Semprevivo assumed the role of vice president of sales and marketing at Seakeeper. “Andrew has that rare…

Soundings Trade Only Executive Editor Chris Landry will be leaving Active Interest Media to take a position at Viking Yachts as communications director. Landry takes over for Peter Frederiksen, who…

Lake Charlevoix welcomes a new harbormaster to Northwest Marine Yacht Club. Elliott Falls, a longtime boater and dealer at Jefferson Beach Yacht Sales, will take over for Eric Kammermann, who…

Dominion Marine Media has announced that it will change its company name to Boats Group. The company will continue to build on its seven year legacy of operating the popular…

Van Dam Custom Boats and Boyne Boat Yard have launched Boyne Yacht Sales. Leading the charge in this endeavor will be Jeremy Pearson from Holland, Michigan. Charlie Harrett, president of…