Create Taxonomy

// hook into the init action and call create_boat_taxonomies when it fires
add_action( 'init', 'create_boat_taxonomies', 0 );

// create 2 taxonomies, Type, Manufacturer, for the post type "boat"
function create_boat_taxonomies() {

 //*Type   	
	 $types = array(
 
            // Pledge Items
            array('the_type' => 'type',
                        'single' => 'Type',
                        'plural' => 'Types'));
 
    foreach ($types as $type) {
 
        $the_type = $type['the_type'];
          $single = $type['single'];
          $plural = $type['plural'];
 
        $labels = array(
 	 		'name' => _x($plural, 'taxonomy general name' ),
			'singular_name'     => _x($single,  'taxonomy singular name' ),
			'search_items' => __('Search '.$plural),
			'all_items'         => __( 'All'. $plural ),
			'parent_item'       => __( 'Parent'. $single ),
			'parent_item_colon' => __( 'Parent'. $single.':' ),
			'edit_item'         => __( 'Edit '. $single ),
			'update_item'       => __( 'Update'. $single ),
			'add_new_item'      => __( 'Add New '. $single ),
			'new_item_name'     => __( 'New '. $single.' Name' ),
			'menu_name'         => __( $single ),
	);
	
		$args = array(
		'hierarchical'      => true,
		'labels'            => $labels,
		'show_ui'           => true,
		'show_admin_column' => true,
		'query_var'         => true,
		'rewrite'           => array( 'slug' => $the_type ),
	);
	
	register_taxonomy( $the_type, array( 'boat','atv' ), $args );
    }
    
 //*Manufacturer   
     $types = array(
 
            // Pledge Items
            array('the_type' => 'manufacturer',
                        'single' => 'Manufacturer',
                        'plural' => 'Manufacturers'));
 
    foreach ($types as $type) {
 
        $the_type = $type['the_type'];
          $single = $type['single'];
          $plural = $type['plural'];
 
        $labels = array(
 	 		'name' => _x($plural, 'taxonomy general name' ),
			'singular_name'     => _x($single,  'taxonomy singular name' ),
			'search_items' => __('Search '.$plural),
			'all_items'         => __( 'All'. $plural ),
			'parent_item'       => __( 'Parent'. $single ),
			'parent_item_colon' => __( 'Parent'. $single.':' ),
			'edit_item'         => __( 'Edit '. $single ),
			'update_item'       => __( 'Update'. $single ),
			'add_new_item'      => __( 'Add New '. $single ),
			'new_item_name'     => __( 'New '. $single.' Name' ),
			'menu_name'         => __( $single ),
	);
	
		$args = array(
		'hierarchical'      => true,
		'labels'            => $labels,
		'show_ui'           => true,
		'show_admin_column' => true,
		'query_var'         => true,
		'rewrite'           => array( 'slug' => $the_type ),
		 
	);