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Yamaha Motor acquires Australian boat manufacturer Telwater

Yamaha Motor Co, Ltd has announced that its subsidiary, Yamaha Motor Australia Pty Ltd, has signed a purchase agreement to acquire Telwater Pty Ltd, a leading Australian aluminum boat manufacturer. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.