Lenco Marine Inc. · Stuart, FL United States
Company Description
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Lenco Marine makes electric trim tabs, trolling motors, and hatch lifts for the boating industry. Trim tabs are stainless steel plates attached to the transom of a boat that are used to keep the vessel from rocking violently while it is stopped in the water or to smooth the feel of the boat's ride while moving in choppy waters. They are raised and lowered using hydraulic actuators. They can also be fitted with small trolling motors. The company was established in 1998. Lenco Marine is owned by its officers. The company has distributors in 17 states, and around the world. To read the full description, subscribe now.
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Key Lenco Marine Inc. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | September |
| Annual Sales (mil.) | $4.1 |
| Employees | 33 |
Lenco Marine Inc. Executives
2 executives listed for Lenco Marine Inc.'s Stuart, FL location.
| Title | Name & Bio | Contact |
| CEO | Samuel Mullinax | Network |
| President | Richard DeVito | Network |
Competition
Competitive Landscape for Lenco Marine Inc.
Sales are driven by demand from the construction, telecommunications, and hardware retailing industries. Profitability depends largely on merchandising and efficient inventory management. Large companies have wide distribution networks and may offer customers a broad selection of products and services. Small operators can compete successfully by stocking specialty products, stocking all of the parts their particular customers need, or delivering superior service. The industry is capital-intensive: average annual revenue per employee is about $450,000. To read the full description, subscribe now.Top Lenco Marine Inc. Competitors
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