Congress update and corporate announcements this week - MarineBusinessWorld North America newsletter
by Peter Rendle 29 Apr 08:00 PDT
American Boating Congress (ABC) © National Marine Manufacturers Association
For those attending the recreational boating industry's premier advocacy event, the American Boating Congress (ABC), the latest agenda offers a detailed look at the policy discussions that will drive this year's advocacy in Washington, D.C.
Taking place May 4-6, ABC will convene industry leaders and policymakers to focus on the most pressing issues facing recreational boating. This year's program includes a fireside chat between NMMA President and CEO Frank Hugelmeyer and National Fish and Wildlife Foundation Chief Conservation Officer Holly Bamford, highlighting how conservation and access can work together. Attendees will also hear updates on NOAA's review of the 2008 vessel speed rule.
Meanwhile the American Boat & Yacht Council (ABYC) announced the recipients of its 2026 Outstanding Technician Awards during International Marine Service Technician Week, held April 20-24. Sponsored by CWR Wholesale Distribution, the ABYC awards recognize ten technicians for exceptional customer service, technical skill, training and mentorship. In addition, the New Achiever Awards recognize emerging professionals in the marine service industry who demonstrate strong potential and technical skill.
Mercury Marine, a division of Brunswick Corporation (NYSE: BC) and a global leader in marine propulsion, held a groundbreaking ceremony for its new Industrial Design Studio, marking a significant investment in the future of product design, innovation, and collaboration. The new 18,000-square-foot, two-story, state-of-the-art facility is designed to support modern design and development and reflects Mercury Marine's long-term commitment to investing in its people, processes, and innovation pipeline.
Marine Products Corporation (NYSE: MPX) announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable May 14 to common stockholders of record at the close of business on May 8. Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo.
BRP Inc. (TSX/NASDAQ: DOO) announced that its annual meeting of shareholders will be held on May 28 and will be conducted by live webcast. Registered shareholders and duly appointed proxy holders are strongly encouraged to vote their shares in advance of the Meeting as described in the Company's Management Information Circular, or to vote virtually at the Meeting online.
Southern Marinas, a premier owner and operator of marinas in the United States, announced a successful recapitalization, effectuated as a sale by affiliates of KSL Capital Partners, LLC to Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Founded in 2018, Southern Marinas owns and operates a diversified portfolio of 16 marinas strategically located across Florida, Idaho, Missouri, New Jersey, New York, North Carolina, Tennessee, and Washington.
Everglades Boats has announced the addition of Bay Marine Yacht Sales to its expanding network of authorized dealers. This partnership strengthens Everglades' presence in the Northeast and brings the brand's premium offshore fishing boats to one of the region's most respected family-owned marine dealerships. A second-generation dealership, Bay Marine has built its reputation on exceptional customer service and a deep commitment to the boating lifestyle.
More marine industry news at www.marinebusinessworld.com/NorthAmerica
Peter Rendle - peter.rendle@worldmarine.media