Marine Products CORP

Marine Products Corporation announced the successful approval of its merger agreement with MasterCraft Boat Holdings, Inc. by its stockholders at a special meeting held on May 12, 2026.

Marine Products Corporation announced its first quarter 2026 financial results, showing a 13% increase in net sales but a net loss due to significant merger-related costs.

Marine Products Corporation issued supplemental disclosures to its proxy statement to address shareholder litigation regarding the pending merger with MasterCraft Boat Holdings.

Marine Products Corporation announced its Board of Directors has declared a regular quarterly cash dividend of $0.14 per share.

MasterCraft Boat Holdings, Inc. announced an agreement to acquire Marine Products Corporation in a stock-and-cash transaction, combining the two marine industry companies.

Marine Products Corporation announced its acquisition by MasterCraft Boat Holdings in a cash and stock deal valued at $232.2 million, alongside reporting increased Q4 2025 net sales but decreased net income for the full year.

Marine Products Corporation reports a Q1 2026 net loss of $2.1 million amid ongoing merger proceedings with MasterCraft.

Marine Products Corporation reported increased net sales for Q3 2025 but experienced declines in net income and diluted EPS, reflecting a challenging market with elevated interest rates.

Marine Products Corporation experienced a significant decline in net sales, net income, and earnings per share for the second quarter and first half of 2025, reflecting a challenging market environment with curbed consumer demand.

Marine Products Corporation's Q1 2025 results reveal a decrease in net sales and earnings per share due to lower unit sales and soft consumer demand in the marine industry.

Marine Products Corporation experienced a substantial decrease in sales and profitability in the third quarter of 2024, primarily due to a 40% drop in unit sales and increased costs.

Marine Products Corporation experienced a significant decrease in sales and profits during the second quarter of 2024, primarily due to lower unit sales and dealer inventory reductions.

Marine Products Corporation announced its 2025 annual results, reporting a decrease in net income and diluted EPS, while progressing towards a merger with MasterCraft Boat Holdings, Inc.

Marine Products Corporation experienced a significant decrease in net sales and earnings in 2024 due to dealers reducing inventories and a normalization of demand after the COVID-19 pandemic surge.

Marine Products Corporation's 2023 annual report highlights a slight increase in net sales, offset by higher promotional costs and a decrease in unit sales, while also outlining strategic initiatives and future expectations.

Director Jerry Nix disposed of 15,909 shares of Marine Products Corporation as part of the company's merger with MasterCraft.

Director Susan R. Bell reported the disposal of 18,409 shares of Marine Products Corporation (MPX) following the company's merger with MasterCraft Boat Holdings, Inc.

Director Stephen E. Lewis disposed of his entire stake in Marine Products Corporation following the company's merger with MasterCraft Boat Holdings.

Director Patrick J. Gunning disposed of his entire stake in Marine Products Corporation following the company's merger with MasterCraft Boat Holdings.

Former CFO Michael Schmit reports the disposal of his entire stake in Marine Products Group following the company's merger with MasterCraft Boat Holdings.

Director John F. Wilson reported the disposal of 16,909 shares of Marine Products Corporation (MPX) following the company's merger with MasterCraft Boat Holdings, Inc.

Marine Products Corporation's upcoming annual meeting on April 22, 2025, will include votes on director elections, ratification of the accounting firm, and several amendments to the Certificate of Incorporation.

Marine Products Corporation will hold its annual meeting on April 22, 2025, featuring proposals to declassify the board and amend certain corporate governance provisions.

Marine Products Corporation will hold its 2025 Annual Meeting of Stockholders on April 22, 2025, to vote on director elections, auditor ratification, and amendments to the Certificate of Incorporation.

Marine Products Corporation will hold its annual meeting of stockholders on April 23, 2024, to elect directors, ratify the appointment of auditors, and approve a stock incentive plan.

Marine Products Corporation's proxy statement details proposals for the upcoming annual meeting, including director elections, auditor ratification, and approval of a new stock incentive plan.

Marine Products Corporation's proxy statement details the agenda for the 2024 Annual Meeting of Stockholders, including director elections, auditor ratification, and approval of the 2024 Stock Incentive Plan, alongside an overview of executive compensation and corporate governance practices.

Marine Products Corporation's merger with MasterCraft has been consummated, resulting in reporting persons no longer beneficially owning any shares of the company's common stock.

Marine Products Corporation's major shareholders have amended their Stockholders Agreement, modifying provisions related to director removal.

Marine Products Corporation will become a wholly-owned subsidiary of MasterCraft Boat Holdings, Inc. in a transaction valued at 0.232 MasterCraft shares and $2.43 cash per Marine Products share.

A group of affiliated entities and individuals, including the Rollins family, holding approximately 69.6% of Marine Products Corporation's common stock, has entered into a Registration Rights Agreement to facilitate the potential resale of their shares.