Industry happy with support in Congress

Article Abstract:

The National Marine Manufacturers Assn (NMMA) says it is very pleased with the support that the marine industry is getting from the 106th Congress. Among the Congressional measures lauded by the association are the repeal of the sunset provisions in the Vessel Hull Protection Act of 1998 and a one-year extension of the corporate average fuel economy standards. However, despite several legislative victories given to the industry, the NMMA stresses that there are still many more important industry issues that need to be addressed by Congress.

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Emerald Powerboats Inc

Article Abstract:

XRMI Inc has bought the boat manufacturing operations of Emerald Powerboats. The sale includes full rights to Emerald's name and a majority of its stock as well as the assumption of $120,000 worth of liabilities and $180,000 worth of credit obligations. XRMI Pres Lanny Lang said the company's first priority is filling Emerald's order backlog. It also acquired ownership of Emerald's manufacturing and office facilities and the surrounding 15 acres for $280,000.

Asset sales & divestitures, Acquisitions & mergers, Emerald Powerboats Inc.

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Florida is tops in numbers of boat businesses

Article Abstract:

Statistics from the National Marine Manufacturers Assn (NMMA) reveal that Florida has the most number of marine business in the country. According to the NMMA figures, Florida has a total of 4,917 marine businesses, comprising of 2,007 boat dealers, 196 boat makers, 2.304 marinas and 410 other businesses. A far distant second is Michigan, with a total of 2,212 marine businesses.

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