Like Tree0Likes

More Boating Bad News Genmar Chapter 11

Reply
Old 06-02-2009, 08:32 AM
  #1
Registered
Thread Starter
 
estarmer's Avatar
 
Join Date: Dec 2006
Location: Melbourne, Florida
Posts: 78
Default More Boating Bad News Genmar Chapter 11

Just found this.

http://www.businessweek.com/ap/finan.../D98I73002.htm

Ouch....
estarmer is offline  
Reply With Quote
Old 06-02-2009, 08:52 AM
  #2
Registered
 
Join Date: Apr 2008
Location: grosse ile, mich
My Boats: 05 cig 42 tiger,w/ 525
Posts: 1,184
Default

so when will they get there bailout money,,,were all americans ,,,right????
TWIN-SPINS is offline  
Reply With Quote
Old 06-02-2009, 10:01 AM
  #3
Registered
Thread Starter
 
estarmer's Avatar
 
Join Date: Dec 2006
Location: Melbourne, Florida
Posts: 78
Default

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...
estarmer is offline  
Reply With Quote
Old 06-02-2009, 10:15 AM
  #4
Gold Member
Gold Member
 
AppSysCons's Avatar
 
Join Date: Oct 2000
Location: Port Charlotte, FL
My Boats: CURR: 230LX, PREV:2007 30 Skater, 2003 36 Skater,1998 37 OuterLimits, B-Class race 28 Magnum
Posts: 2,116
Default

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

BRANDS
Carver Yachts
Champion
Four Winns
Glastron
Hydra-Sports
Larson
Marquis
Ranger boats
Seaswirl
Stratos
Triumph
Wellcraft
Windsor Craft
AppSysCons is offline  
Reply With Quote
Old 06-02-2009, 11:08 AM
  #5
Registered
 
Join Date: Jan 2004
Location: San Diego, California
Posts: 2,777
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
Raylar is offline  
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 11:33 PM.


Copyright 2011 OffShoreOnly. All rights reserved.