Marine Products Corporation

#5477

Rank

$557.2M

MarketCap US

US United States

Country

Summary
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats, and SSi and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

History

Founded in 1965, Marine Products Corporation has a long history of excellence and innovation in the boat manufacturing industry. Over the last five decades, the company has created numerous products and innovations that have become staples in the boat building industry, such as adjustable propás, submerged exhausts, exclusive hull designs, and many more.


Mission
Our mission is to continue to lead the marine industry in innovative design and engineering technology, while placing the highest value on customer satisfaction, superior results, and exceptional customer service.

Vision
Our vision is to be the premier designer and builder of boats that bring a lifetime of enjoyment to the entire marine community.

Key Team

Ms. Sharon A. Lennon (Mang. of Investor Relations & Corp. Communications)

Mr. James C. Landers (VP of Corp. Fin.)


Recognition and Awards
Marine Products Corporation has earned numerous industry awards and recognition, including Boat Manufacturer of the Year and Manufacturer of Excellence from the National Marine Manufacturers Association, and U.S. Boat Manufacturer of the Year from Boating magazine.

References
Marine Products Corporation
Leadership team

Mr. Richard A. Hubbell (Exec. Chairman)

Mr. Michael L. Schmit (CFO & Corp. Sec.)

Mr. Ben M. Palmer (Pres, CEO & Director)

Products/ Services
Manufacturing, Marketing, Transportation
Number of Employees
500 - 1000
Headquarters
Atlanta, Georgia, United States
Established
1965
Company Registration
SEC CIK number: 0001129155
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
MPX
Mon Feb 26 2024
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