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A temporary shutdown last month at Mercury Marine was done in an effort to preserve the company’s cash and keep an already inflated inventory in check.

“The biggest issue is to preserve cash while we’re in this volatility,” said Ray Atchinson, vice president of human resources for Mercury Marine.

Atchinson said a second reason for the shutdown was to make sure the company isn’t “filling the pipeline” with inventory that will sit and age in dealer showrooms.

Rather than laying people off permanently, the company is utilizing temporary layoffs to preserve its work force so trained workers are in place when the market improves…  More info


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ATLANTIC CITY – To Bob Hazard, the boating industry is a lot like the sea.

Some days, the waters are calm and bountiful for the vice president of Egg Harbor Yachts, an Atlantic County boat builder that’s among dozens of dealers offering vessels for sale through Sunday at the Atlantic City International Power Boat Show.

But on other days, the waves are rough. Sales ebb, and interest in the boating “lifestyle” – because, really, this isn’t just about product, Hazard insists – declines…  More info

Powerboat P1 World Championship, the international offshore boat racing league, will present its 2008 Evolution Class Championship Manufacturer Awards to the winning hull and engine builders at the 2009 Miami International Boat Show on Friday, February 13 at 11:00 a.m. The press conference will take place at the Fountain/Baja display, booth C 57 in the Miami Beach Convention Center.

For the second year, the awards will be presented to…  Motor info