Marine Products Corp (MPX) Stock Price Prediction

Marine Products Corp. engages in the design, manufacture, and sale of fiberglass powerboats through its subsidiary. The company is headquartered in Atlanta, Georgia and currently employs 617 full-time employees. The company went IPO on 2001-02-28. The firm offers a range of products to the family recreational markets through its Chaparral brands and to the sport fishing market through its Robalo brands. The Company’s Chaparral sterndrive models include SSi Sportboats, SSX Luxury Sportboats, and the SURF Series. The Chaparral’s outboard offerings include OSX Luxury Sportboats and the SSi Outboard Bowriders. Its product line includes Chaparral - SSi Sport Boats, Chaparral - SSX Sport Boats, Chaparral - Surf Series, Chaparral - OSX Sport Boats, Robalo - Center Consoles, Robalo - Cayman Bay Boats, and Robalo - Dual Consoles. The firm sells its products through approximately 202 domestic independent authorized dealers, consisting of 64 Chaparral dealers, 47 are Robalo dealers and 91 dealers sell both brands in the United States. The company also sells its products to over 88 international dealers.