Chaparral Boats’ Parent Company, Marine Products Corporation,
Announces $100,000 Donation to The Caring Place
Chaparral Boats also donated N95 masks to local medical facilities
NASHVILLE, Ga. (April 20, 2020) – Chaparral Boats is excited to share that its parent company Marine Products Corporation (NYSE: MPX), through The O. Wayne Rollins Foundation controlled and funded by Marine Products’ majority shareholder, is donating $100,000 to The Caring Place. In addition, Chaparral Boats has donated hundreds of N95 masks to local medical facilities in south Georgia to help combat COVID-19.
The Caring Place provides access to basic resources to those in Nashville, Ga. and Berrien County where Chaparral is headquartered. Chaparral Boats and the O. Wayne Rollins Foundation will ensure that this significant donation will increase the frequency of The Caring Place’s food distribution program during the pandemic.
“Chaparral Boats has operated in Nashville since 1976,” said Marine Products Corporation Chief Executive Officer Richard A. Hubbell. “This community and its support mean a great deal to us. In turn, we have always been proud of our involvement in the local economy and are pleased to support our employees, their families and the broader Nashville community in a meaningful way.”
In addition, Chaparral donated hundreds of N95 masks to local south Georgia nursing homes, South Georgia Medical Center Berrien Campus, Tift General Hospital and the Chaparral Health Clinic.
“On behalf of our community and our employees, we are very fortunate to have the support of the O. Wayne Rollins Foundation,” said Chaparral Founder Buck Pegg. “The Rollins family has championed our company throughout many decades. Our loyalty and dedication to our employees and our community is always a top priority to ensure our decisions and commitments are made in the best interest of those we proudly serve.”
The O. Wayne Rollins Foundation is named for the founder of a number of public and private companies, including Marine Products Corporation. The foundation’s efforts have historically emphasized the support of U.S. colleges and universities with a focus on public health issues and scientific research.
For more information about Chaparral Boats, please visit www.ChaparralBoats.com.
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About Chaparral Boats, Inc. & Robalo Boats, LLC.
Chaparral Boats, Inc. and Robalo Boats LLC are leading manufacturers of fiberglass boats under two brand names: sterndrive, jet, and outboard pleasure boats by Chaparral, including, SSi and SSX Sportboats, Vortex Jet Boats, SunCoast Outboard Sportdecks, and outboard sportfishing boats by Robalo. Chaparral Boats and Robalo Boats are subsidiaries of Marine Products Corporation (NYSE: MPX). For more information about Marine Products Corporation, Chaparral, and Robalo please visit our websites at www.marineproductscorp.com, www.chaparralboats.com, www.vortexboats.com, and www.robalo.com.
About Marine Products Corporation
Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral’s sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral’s outboard offerings include various models, such as OSX Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo builds an array of outboard sportfishing boats, which include center consoles, dual consoles and Cayman Bay Boat models. Chaparral also offers jet-powered boats under the Vortex brand name. The Company continues to diversify its product lines through product innovation. 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 MarineProductsCorp.com.