Chaparral News

BRP continues its North American expansion of the Evinrude sales network by signing 16 new dealers and four premium OEM boat builders to its portfolio – a clear indication of the excitement surrounding its Evinrude brand and the continued momentum of its industry-leading engines. These four OEMs are Calypso Skiff, Chaparral Boats, Polar Kraft Boats and Mowdy Boats of Texas. division. “We introduced our new E-TEC G2 150 HP to 200 HP offering in June, which has garnered significant attention. Combining thrilling performance with the most intelligent design and the cleanest outboard engine combustion technology available, Evinrude E-TEC G2 engines deliver up to 30% more torque…

BRP’s Rotax Intelligent Shift and Throttle (iST) system was recognized by the National Marine Manufacturers Association (NMMA) with an Innovation Award in the Jet Boat category at the 2016 Miami International Boat Show. The game-changing iST option for Rotax jet propulsion systems brings electronic control to formerly mechanical functions. Now available on nearly all Scarab jet boat models and Chaparral Vortex models, iST allows boaters to optimize low-speed maneuverability in a variety of environmental conditions. Whether cruising, pulling, fishing or docking, the iST system gives boaters the confidence of being in full control so they can enjoy their time on the water.

Dorian LPG Ltd. a leading owner and operator of modern very large gas carriers, today reported its financial results for the three months ended December 31, 2015. John Hadjipateras, Chairman, President and Chief Executive Officer, commented, "The third quarter was an extremely busy period for Dorian as we took the delivery of seven new Eco-design VLGCs. Our cash flow generated from operations has allowed us to repurchase an additional 480,231 shares of our common stock for $5.8 million over the quarter under the board's previously announced authorization to repurchase up to $100 million on or before December 31, 2016. Going forward, we anticipate higher profits and cash generated from operations as a result of our larger fleet, assuming continued favorable market conditions.

Marine Products Corp. announce unaudited results for the quarter ended September 30, 2012. Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including H2O Sport and Fish & Ski Boats, SSi and SSX Sportboats, Sunesta Sportdecks, Xtreme Towboats, Signature Cruisers and Premiere Sport Yachts, and outboard sport fishing boats by Robalo. For the quarter ended September 30, 2012, they generated net sales of $38,494,000, a 73.0 percent increase compared to $22,254,000 last year. The increase in net sales was due to a 125.1 percent increase in the number of boats sold, partially offset by a 23.9 percent decrease in the average selling price per boat.

U.S. based Marine Products Corporation release its unaudited results for the quarter ended June 30, 2012. Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including H2O Sport and Fish & Ski Boats, SSi and SSX Sportboats, Sunesta Sportdecks, Xtreme Towboats, Signature Cruisers and Premiere Sport Yachts, and outboard sport fishing boats by Robalo. For the quarter ended June 30, 2012, Marine Products generated net sales of $38,454,000, a 32.2 percent increase compared to $29,098,000 last year. The increase in net sales was due to a 58.6 percent increase in the number of boats sold, partially offset by an 18.1 percent decrease in the average selling price per boat.

Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including H2O Sport and Fish & Ski Boats, SSi and SSX Sportboats, Sunesta Sportdecks, Xtreme Towboats, Signature Cruisers and Premiere Sport Yachts, and outboard sport fishing boats by Robalo. For the quarter ended March 31, 2012, Marine Products generated net sales of $37,849,000, a 39.4 percent increase, compared to $27,148,000 last year. The increase in net sales was due to a 54.1 percent increase in the number of boats sold, partially offset by an 11.3 percent decrease in the average selling price per boat.

ATLANTA, April 27, 2011 – Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended March 31, 2011. Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including Premiere Sport Yachts, SSi and SSX Sportboats and Cuddy Cabins, Sunesta Sportdecks, Xtreme Towboats, Signature Cruisers, and outboard sport fishing boats by Robalo. For the quarter ended March 31, 2011, Marine Products generated net sales of $27,148,000 a 10.8 percent increase compared to $24,493,000 last year.

Raymarine Inc., a marine electronics supplier, announced the renewal of its long-standing Preferred Supplier of Choice agreement with the American Boatbuilders Association (ABA). Raymarine has been an ABA Preferred Supplier since 2002, providing members with high-performance multifunction displays, radars, echo sounders, autopilots, and VHF radios. The ongoing partnership with ABA demonstrates Raymarine’s ability to supply the equipment boaters need, and the quality they demand. Raymarine is committed to supplying boat manufacturers with integrated marine electronics systems that are simple to install, and to offering new boat buyers the sophistication, ease-of-use, and added value they demand when purchasing a new boat.

Marine Products Corporation (NYSE:MPX) announced its unaudited results for the quarter ended March 31, 2009. Marine Products is a manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including Premiere Sport Yachts, SSi Wide Techs, SSX Bowriders, Sunesta Wide Techs and Xtremes, Signature Cruisers, and outboard sport fishing boats by Robalo. For the quarter ended March 31, 2009, Marine Products generated net sales of $13,806,000, a 78.9 percent decrease compared to $65,542,000 last year. The decrease in net sales was due to a decrease of 77.9 percent in the number of boats sold and additional costs recorded during the quarter of our winter retail incentive program.

Marine Products Corporation (NYSE:MPX) announced the expansion of the Board to 10 members and the election of Larry L. Prince, as a new Director of the company. Prince serves as the Chairman of the Executive Committee of the Board of Directors of Genuine Parts Company; Chairman of the Board from 1990 through February 2005 and Chief Executive Officer from 1989 through August 2004 of the Genuine Parts Company. Prince also serves as a director of Crawford & Company, and SunTrust Banks, Inc. Marine Products is a manufacturer of fiberglass boats, including Chaparral pleasure boats and Robalo sport fishing boats. (www.marineproductscorp.com)

Marine Products Corporation (NYSE:MPX) announced its unaudited results for the quarter ended December 31, 2008. Marine Products is a manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by Chaparral, including Premiere Sport Yachts, SSi Wide Techs, SSX Bowriders, Sunesta Wide Techs and Xtremes, Signature Cruisers, and outboard sport fishing boats by Robalo. For the quarter ended December 31, 2008, Marine Products generated net sales of $22.7m a 61.4 percent decrease compared to $58.9m last year. The decrease in net sales was due to a 63.3 percent decrease in the number of boats sold, partially offset by a 6.7 percent increase in the average selling price per boat.