Archive for » March 16th, 2016«

Nautical Flea Market, Boat Show sets up shop on Lovers Key – The News

Mark Generales promises an “extraordinary” weekend at Lovers Key State Park with its first Nautical Flea Market and Boat Show.

“I’m really hopeful it will become a big part of Southwest Florida events as years go on,” he said.

The three-day market, sponsored by Friends of Lovers Key and the Rotary Club of Bonita Springs, opens Friday and features six boat dealers, 60 vendors, food by Fitzgerald’s and a beer tent.

The vendors will have nautical-themed clothing, antique rods and reels, lures, sunglasses, artwork, stand-up paddleboards, old and new engines, and other fishing equipment.

Vendors include Branching Out/B.O.S.S. Tackle, with antique  tackle boxes, Robin R Designs with handcrafted wood wall hangings that have nautical and beach themes, and The Old Fishing Guy with lures, rods and reels going back to the 1940s. And other vendors will offer underwater fish lights and waterproof packs.

“The antique lures and fishing rods are going to be great,” Generales said. “Some of the artwork people are really going to be appreciative of. The clothing folks are offering things, in some cases, that are one of a kind and what’s not, at prices you can’t get in stores.”

Raja Associates owner Peter Fournier, of Fruitland, decided he’d take a chance on the market, figuring the boat dealers would draw some upscale customers. He handcrafts pens from 100 varieties of wood from all over the world, he said, including rosewood from across Central America. He has a supplier of  woolly mammoth tusk from Alaska that he uses, as well as alligator jawbone, walrus bone and water buffalo horn.

His favorite wood to work with is the Banksia nut from Australia, which has a swirled, speckled grain.

“It’s a beautiful wood,” he said.

While he has many designs, he recently branched out into nautical themes, including inlaid images of lighthouses, tall ships, and scuba divers. He also offers pen holders with miniature divers helmets, propellers, compasses and ships wheels.

The pens run from $29 to $600.

Generales,  a Rotary and Friends of Lovers Key board member, said he was inspired the Dania Marine Flea Market in Hallandale Beach and Islamorada’s Gigantic Nautical Flea Market.

“The Dania market is the largest in the world,” he said. “It’s huge. It runs for four days, and it’s our model.”

Opened in 1979, it  had 300 vendors with 1,000  stalls during its annual run  in early March.

The Islamorada market is operated by the local Rotary to fund its scholarships. It offers more than 200 vendors for two days each February.

Generales said the Bonita Springs club and the Friends of Lovers Key will split the profits for their respective  groups.

“Both organizations are always seeking to do what they can to raise funds to do important work in the community,” he said. “They’re always looking for fresh ideas, looking for events that have succeeded.”

While the Friends group funds improvements at the park, the Rotary club sponsors food drives, scholarships and vaccinations for low-income residents, among many others.

He said he’s hoping the sale will grow each year, and other groups can use it as fundraisers, asking members and soliciting donations of unused boat parts and water sports supplies.

“Come on in, grab a beer, get something to eat,  and check out what the exhibitors have for sale,” Generales said. “It should be a great time.”

If you go

What:  The first Lovers Key Nautical Flea Market and Boat Show, featuring 60 vendors with nautical themes and several boat sales companies.

When: 9 a.m. to 5 p.m. Friday, Saturday and Sunday.

Where: The large field to the west of Estero Boulevard at Lovers Key State Park,  8700 Estero Blvd, Fort Myers Beach

Cost: $5 donation; parking is free.

Information: http://loverskeynauticalmarket.com/


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Radio sales to reshape the airwaves

CBS’s decision to sell off nearly 120 radio stations had local industry insiders buzzing about the future of the five in Boston — WBZ AM, The Sports Hub, WZLX, Mix 104 and AMP 103 — and who would be the likely buyers.

And depending on how the sale shakes out, Entercom — owner of WEEI, WRKO and WAAF — could become a key player in the game.

“There aren’t a lot of people out there who can buy all the markets,” said Bruce Mittman, owner of Community Broadcasting, which boasts 44 small-market radio stations. “But Entercom could buy a couple of markets, including Boston.”

CBS is looking for a buyer to take the whole radio division off its hands, but that may be wishful thinking. Two of the nation’s biggest radio groups — iHeart (owner of KISS 108, Jamn’ 94.5 and 101.7 The Bull in Boston) and Cumulus (owner of stations in Worcester and Springfield) — are buried in debt and likely are unable to finance a purchase of the CBS stations, Mittman said.

Other possible suitors include Alpha Media and Connecticut-based Townsquare Media. But thus far both have concentrated on accumulating small-market stations.

If CBS cannot find a buyer for the whole division, it may have to sell the group off in pieces, local experts said. That is where Entercom could come into play. The company might be interested in adding to its holdings in Boston — where it is relatively weak — as well as in Philadelphia, where it is based, and possibly even a third market.

Entercom already owns a sports station here — WEEI — but would no doubt love to control the fate of arch-rival The Sports Hub. The rest of the CBS Boston stations do not compete with any of Entercom’s other local holdings, which is a plus, and, with the exception of AMP, they are all successful.

The other big local player, Greater Media, which owns Magic 106.7, Country 102.5, WROR, WBOS and HOT 96.9, is not expected to be in the hunt. The company is privately owned and debt-free. The owners are unlikely to want to rock the boat with an ambitious expansion, insiders say.

The FCC limits the number of radio stations that any one entity can own in each market. So if the CBS stations are sold to a competing local entity, they would no doubt have to divest one or more of the stations that they already own.

Radio consultant Donna Halper said CBS has an ideal situation in Boston — one of the few places where an AM station, WBZ, is “getting great ratings and turning a profit.”

“You have The Sports Hub which is doing incredibly well on FM but unlike most cities, you have an AM (WBZ) doing incredibly well,” Halper said.

The CBS Hub stations, she said, will most likely be sold as a package. “Years ago, you could make a living just with an AM station or just with an FM station, but those days are long gone,” Halper said. “I would be very surprised if somebody tried to pick off one and not the others. It will probably be a group that they’re sold as.”

Added Talkers Magazine publisher Michael Harrison: “If they can make the best deals by selling them piecemeal and selling them to a number of buyers, they’ll do that.”

 


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Brunswick CEO banks on boats, not bowling

CHICAGO – Mark Schwabero, 63, was elevated to chairman and CEO of the 171-year-old Brunswick Corp. last month, putting him in charge of the world’s largest provider of marine engines, pleasure boats, fitness equipment and billiards products. But not bowling.

In 2014, Brunswick, based in suburban Chicago, sold its retail bowling business to Bowlmor AMF for $270 million. The company sold its bowling products line – balls, shoes and bags – to a private investment firm last year for an undisclosed price.

Schwabero, who previously served as Brunswick’s chief operating officer, was instrumental in the decision to jettison bowling, which had dwindled to less than 5 percent of revenue, in favor of its core businesses. Brunswick sales were up 7 percent last year to $4.1 billion.

The marine division, which includes everything from Mercury engines to boat lines such as Bayliner, Boston Whaler, Lund and Sea Ray, represents 80 percent of revenue. The fitness segment accounts for the balance and includes Life Fitness, Hammer Strength and Cybex, which Brunswick acquired in January for $195 million.

Energetic, amiable and plain-spoken, Schwabero roams his third-floor office, moving from a standing desk to demonstrate calf raises while passing an exercise ball around his waist – all using Brunswick products.

He also sat for at least part of an interview with the Chicago Tribune. This interview has been edited for length and clarity.

Q: Brunswick was been synonymous with bowling for more than a century. Why sell it?

A: When we considered the overall growth opportunities for the business, bowling was a historic part of the company but wasn’t something we saw as being strategic on a go-forward basis. So we elected to sell the business.

Q: What did you do with the proceeds from the sale?

A: We had $270 million in proceeds from bowling retail, and we’ve basically taken that and invested it in our marine parts and accessories business and our Life Fitness businesses and the recent acquisition of Cybex.

Q: Brunswick was hard-hit during the recession, as U.S. powerboat sales sunk from 300,000 to 130,000 a year. At the time, the company was losing money and some analysts questioned whether it would survive. How did you right the ship?

A: We closed a lot of plants on the boat side of the business and significantly cut back employment levels. We had to resize the company for the reality of the market, and took about $450 million in fixed costs out of the company. Boat sales have made a steady recovery to about 170,000 per year, but we are actually more profitable today than when the industry was at 300,000.

Q: One of your boat lines, Boston Whaler, was featured prominently in an episode of Jerry Seinfeld’s web series “Comedians in Cars Getting Coffee,” where guest Jimmy Fallon went for a cruise in Seinfeld’s own prized boat. What’s the deal with Boston Whaler?

A: Well, it’s literally unsinkable. There was a commercial way back when where they literally cut a boat in half and both halves were out on the water with people on them. There is a bit of a cult around them, just like Harleys. Boston Whaler is an iconic brand.

Q: Any other celebrity boat owners in the Brunswick family?

A: Billy Joel is a huge Sea Ray fan. The Bush family has a Fountain boat with Mercury power. I’ve been out at Kennebunkport, Maine, with the president (George H.W. Bush). We deliver boats to NFL players.

Q: You just became CEO. What are your plans to grow the business?

A: The growth will come from either our core business or adjacencies that we add to our core business. We’ve done six acquisitions in the last 18 months – four that build up our marine parts and accessories business and two for our fitness business.

Q: Your office has a traditional desk and a standing desk, which is part of your new InMovement office exercise product line. What is the premise behind this?

A: We’re really creating a business of changing how people work. The vast majority of most people’s workday is sedentary. In addition to the standing desk, we also have a treadmill desk. It only goes up to 2 miles per hour. There’s no reason you can’t be on a treadmill desk doing your conference call and getting activity while you’re at work. It’s good for the person, it’s good for the business.

Q: You run a recreation products company. What do you do for recreation?

A: It’s kind of hard to be in this industry and not have a boat. So I have a couple of boats. I like to boat and if I can find a little free time, I don’t mind playing a round of golf, but of late, that’s been kind of few and far between.

I’ve got a boat in the summer, and go out on Lake Michigan. And I’ve got a pontoon out on a lake back in Ohio where I grew up.

Q: You sold the bowling segment. Why not divest billiards?

A: It’s a small part of our business, but we’re still the biggest player in the billiards space. It’s the namesake of the company.

Tribune Content Agency 


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Glasstream announces potential expansion during unveiling of boat …

Glasstream Powerboats exports

Glasstream Powerboats exports

Drew Enfinger (left) and Louis Cardonia of Glasstream Powerboats assemble the stringing and electronics on a boat inside of the Dothan manufacturing plant on Friday.



Posted: Tuesday, March 15, 2016 3:55 pm
|


Updated: 5:53 pm, Tue Mar 15, 2016.

Glasstream announces potential expansion during unveiling of boat built for government operations

Ebony Davis
Business Reporter

dothaneagle.com

The story at Glasstream Powerboats in Dothan on Tuesday was one of promises kept, jobs created and business relationships made.

Glasstream officials unveiled the first unit of The Relentless, a coastal interceptor vessel built by Glasstream founder A.L. Kirkland for use by both military/government entities and recreational markets. Glasstream Director of Sales Doug Brogdan said the company has completed its first shipment of 35 of The Relentless units to an allied U.S. power, and is working on two more orders of a greater magnitude.

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Tuesday, March 15, 2016 3:55 pm.

Updated: 5:53 pm.


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