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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Pleasure Boats > Marine Products Corporation

Marine Products Corporation
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 PROFILE
Marine Products is anchored no more. In 2001 oil and gas services firm RPC spun off its Chaparral Boats powerboat unit as Marine Products to better focus each business on growth. Marine Products' line includes fiberglass deck boats, cruisers, and sport boats ranging from 18 to 35 feet. Prices range from $16,000 to $200,000. Manufactured at five plants in Nashville, Georgia, the boats are sold mostly in the US through about 150 independent dealers, but also internationally through some 30 other dealers. The Rollins family (whose Rollins, Inc., controls Orkin Exterminators) and RPC directors collectively own about 60% of Marine Products. RPC and Marine Products share directors and executive officers.

 COMPETITION
Brunswick Corporation (BC)
Genmar Holdings, Inc. (dossier)
Yamaha Motor Co., Ltd. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 148.30
1-Yr. Sales Growth: 20.7%
Employees: 800
Revenue per employee: $185,375.00

 KEY PEOPLE
• Richard A. Hubbell
    CEO
• Ben M. Palmer
    CFO

 CONTACT INFO
2170 Piedmont Rd. NE
Atlanta, GA 30324
US
Phone: 404-321-2140
Fax: 404-321-5483
Online: Web Site

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