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Marine Products Expects Inventory Optimization and New Product Launches to Drive Growth in 2025
ByAinvest
Thursday, Oct 30, 2025 1:29 pm ET1min read
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.
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