July 1, 2013
/PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the second quarter of 2013 it purchased 6,000 shares under its share repurchase program.
Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive pleasure boats; Premiere Sport Yachts; and Robalo sport fishing boats, and continues to diversify its product line through product innovation and is prepared to consider strategic acquisition targets. With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value. For more information on Marine Products Corporation visit our website at
For information contact:
BEN M. PALMER
Chief Financial Officer(404) 321-7910
Vice President, Corporate Finance(404) 321-2162
SOURCE Marine Products Corporation