Marine Products Expects Inventory Optimization and New Product Launches to Drive Growth in 2025

jueves, 30 de octubre de 2025, 1:29 pm ET1 min de lectura
MPX--

Marine Products Corporation's Q3 2025 sales rose 7% YoY, marking the first quarter of year-over-year growth in over 2 years. CEO Ben Palmer attributed this to the completion of the largest portion of the targeted inventory strategy, which aimed to reduce excess inventory. The company also plans to launch new products and expects cautious optimism for 2025.

Marine Products Expects Inventory Optimization and New Product Launches to Drive Growth in 2025

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