U.S. Boatbuilders cashing in on cheap dollar

Article Abstract:

With the dollar weakening against major foreign currencies, making U.S. made goods cheaper for overseas buyers, boat exports between February 2002 and October 2004 almost doubled, increasing from $531 million to $1.068 billion. U.S. boatbuilders, including the Orlando-based Regal Marine Industries Inc., Minneapolis-based Genmar Holdings Inc., and Knoxville-based Brunswick Corp., are enjoying increased export business and are also reinvesting the gains in their international operations.

Author: Beckett, Gary
Exports, Economic aspects

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Marinas are hot properties in their own right

Article Abstract:

The rise in investments in marina properties by the marine industry, in view of their potential for profit-making, is discussed.

Author: Beckett, Gary
Management dynamics, Management, Company business management, Marinas

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Subjects list: United States, Company investment, Investments, Boating industry
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