Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats, targeting the sportboat, sport fishing, and jet boat markets globally. Its main products include Chaparral sterndrive pleasure boats (approximately 50% of revenue), Chaparral outboard pleasure boats (about 30%), and Robalo outboard sport fishing boats (around 20%). Revenue primarily comes from sales to a network of 206 domestic and 92 international independent authorized dealers. Factors supporting endurance include a well-established brand and a diversified product line, while potential limitations involve economic downturns affecting discretionary spending on recreational vehicles.
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Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats, targeting the sportboat, sport fishing, and jet boat markets globally. Its main products include Chaparral sterndrive pleasure boats (approximately 50% of revenue), Chaparral outboard pleasure boats (about 30%), and Robalo outboard sport fishing boats (around 20%). Revenue primarily comes from sales to a network of 206 domestic and 92 international independent authorized dealers. Factors supporting endurance include a well-established brand and a diversified product line, while potential limitations involve economic downturns affecting discretionary spending on recreational vehicles.
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Daily adjusted close
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats, targeting the sportboat, sport fishing, and jet boat markets globally. Its main products include Chaparral sterndrive pleasure boats (approximately 50% of revenue), Chaparral outboard pleasure boats (about 30%), and Robalo outboard sport fishing boats (around 20%). Revenue primarily comes from sales to a network of 206 domestic and 92 international independent authorized dealers. Factors supporting endurance include a well-established brand and a diversified product line, while potential limitations involve economic downturns affecting discretionary spending on recreational vehicles.