Marine supply company purchased

LARGO — After more than 40 years in business, the founders of Glenn-Mar Marine Supply have sold the marine supply business. Phil Secord, a long-time Pinellas resident who owns yacht maintenance and sales company SCI Marine Inc., purchased the firm March 15, according to a release. Terms of the deal were not disclosed.

Founded in 1971 by Glenn and Marjorie Rabbass, Glenn-Mar marine supplies and parts to marinas, boat yards, marine-related service companies and retail customers. At its peak, Glenn-Mar had 28 employees and sales of $5.7 million, the release says.

Secord plans to expand products and hire more employees. Glenn-Mar has 13 employees, six of whom have worked for the company more than 30 years. Meanwhile, Secord's son, Nicholas Secord, will take over as general manager of SCI Marine.