JUL 2018


Issue link:

Contents of this Issue


Page 17 of 59

TRENDS JULY 2018 16 CompositesWorld Good news for composites manu- facturers who work in and serve the North American boatbuilding industry and those who supply their machinery and materials: According to the National Marine Manufacturers Association (NMMA, Chicago, IL, US), US recreational boat sales are at a 10-year high, prompting boat manu- facturers to expand to meet demand. Data released on May 22 by the NMMA show that unit sales of new powerboats increased by 5% in 2017, reaching 262,000 — the highest levels the US recreational boating industry has seen in 10 years. Total marine expenditures were at an all-time high in 2017 at US$39 billion (spending on new boats, engines, trailers, accessories and services), up 7% from 2016. Boat manufacturers are expanding capac- ity to meet this demand — building new plants and increasing produc- tion; supporting recent data from the Bureau of Economic Analysis that US manufacturing gross output increased to US$6.228 trillion in the fourth quar- ter of 2017. "As the strong economy continues to bolster new boat sales and boating expenditures, capital spending and manufacturer optimism are at record highs, creating one of the strongest periods on record for the US boating industry," says NMMA president Thom Dammrich. "The growth trajectory recreational boating is continuing to see is healthy and steady as the industry works to bring new buyers to the market across all segments, from small aluminum fishing boats to large cruising yachts." NMMA: US boating industry sales highest in a decade MARINE Source | NMMA recommendations to optimize thermocouple calibration, refurbishment or replacement. A dedicated Web page enables users to plan ahead for efficient thermocouple utilization. According to Ben-Bassat, the joint solution improves quality compli- ance, reduces the risk of using thermocouples that are no longer fit for purpose and eliminates the need for manual tracking processes and production delays associated with manual processing steps. Plataine's software is described as weaving "a web of digital threads from raw-material to end-product," allowing thermocouples to be paired to molds and parts for full traceability in the event of quality issues or audits. To learn more, visit (continued from p. 15) From Nose to Tail, Complete Aerospace Solutions Cincinnati VIPER Lund SLALOM "With over 150 installations across the globe, Fives has more tape layers & fiber placement systems in operation than all other suppliers combined" T: +1 859 534 4600 Fives Cincinnati 2200 Litton Lane Hebron, KY 41048

Articles in this issue

Links on this page

Archives of this issue

view archives of CompositesWorld - JUL 2018