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About / News / Marine

Northern Michigan boat company buys Grand Traverse Bay property with plans for new marina, condos

Posted By: mlive on August 14, 2025.  For more information, please click here to read the source article. For nearly 80 years Walstrom Marine has had a presence on the Great Lakes. With its new acquisition on Grand Traverse Bay, the boat company is looking to expand its footprint once again. Walstrom Marine, in partnership with Far Side […]

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Michigan Boating Industry Drives $10.2B in Economic Activity, 45,000 Jobs

Posted By: DBUSINESS on May 23, 2023.  For more information, please click here to read the source article. The National Marine Manufacturers Association (NMMA), the leading trade association representing North American recreational boat, marine engine, and accessory manufacturers, today announced the growing economic impact of the recreational boating industry across the United States. The 2023 NMMA study reveals […]

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Influx of pandemic boaters puts strain on marina space, prompts industry consolidation

Jason McGuire’s Detroit-based marina operation company saw a 22 percent increase in revenue during the pandemic, growing to $2.2 million from $1.8 million prior to the onset of COVID-19. The kicker: His ABC Professional Enterprise LLC has only about a third as many wet slips available for rent to boaters in 2021 as he did […]

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