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  1. #1
    Registered estarmer's Avatar
    Join Date
    Dec 2006
    Melbourne, Florida

    More Boating Bad News Genmar Chapter 11

  2. #2
    Platinum Member Platinum Member TWIN-SPINS's Avatar
    My Boats:
    05 cig 42 tiger,w/ 525
    Join Date
    Apr 2008
    grosse ile, mich
    so when will they get there bailout money,,,were all americans ,,,right????

  3. #3
    Registered estarmer's Avatar
    Join Date
    Dec 2006
    Melbourne, Florida
    Yeah and we should pay their bonuses as well....

    Still there are quite a few big names under Genmar. Wellcraft, Carver, Glastron, Four Winns, etc...

  4. #4
    Gold Member Gold Member AppSysCons's Avatar
    My Boats:
    CURR: 230LX, PREV:2007 30 Skater, 2003 36 Skater,1998 37 OuterLimits, B-Class race 28 Magnum
    Join Date
    Oct 2000
    Port Charlotte, FL
    Genmar is a unique collection of America's top brands in recreational boating. Founder Irwin L. Jacobs, who has a passion for family boating and fishing, acquired his first boat company in 1978. The company grew steadily through acquisitions to become a dominant force in the marine industry.

    Building a product of exceptional quality has established Genmar® as one of the world's largest manufacturers of recreational boats. Genmar, the marine industry leader in technology, manufacturing innovation and environmental quality, continuously strives to improve its manufacturing techniques and its award-winning technologies like the VEC® process (Virtual Engineered Composites®) and Roplene® roto-molded polyethylene.

    Genmar products can be found in all 50 states and six continents, and some of its companies have been building boats since the early 1900s. Genmar has earned a leadership role in the boat building industry through innovation, strong management and exceptional service. Genmar is privately held and is not a division of an engine company.

    Fast Facts
    Year founded: 1978
    Headquarters: Minneapolis, MN
    Boat brands: 13
    Manufacturing Centers: 8
    Distribution: More than 1,000 authorized, independent dealers
    Employees: Approximately 5,000
    2007 Model-Year Sales: Approximately $1 billion

    Carver Yachts
    Four Winns
    Ranger boats
    Windsor Craft
    Frank Fasulo
    2004 Stingray 230LX
    Canon 7D | EF-S 18-200mm f/3.5-5.6 IS
    Thousands of pictures at

  5. #5
    Join Date
    Jan 2004
    San Diego, California

    Question Is there a doctor in the House!

    As you say, a lot of great boat brands from a great company. I hope they can get some good help from bankruptcy without hurting their suppliers, employees and customers. There are probably going to be some more of this in the industry before its over.
    This economy sucks for the boating industry! I hope we will all be here after the smoke clears!
    Good Luck to them!

    Best Regards,
    Ray @ Raylar

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