ATLANTA, Jan. 7, 2013 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the fourth quarter of 2012 it purchased 46,012 shares under its share repurchase program.
Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and inboard 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 www.marineproductscorp.com.
For information contact: BEN M. PALMER Chief Financial Officer (404) 321-7910 firstname.lastname@example.org
JIM LANDERS Vice President, Corporate Finance (404) 321-2162 email@example.com
SOURCE Marine Products Corporation