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Interesting but sounds like a rumor????
Interesting (maybe not bad, they build a nice boat) but was not aware that Hustler had put up a deposit with the bank. Sounds like they will be there tomorrow with their investors.
I doubt very strongly it will go to auction. Regards, www.teamshogren.com Fountain & BAJA By Fountain
Originally Posted by raceday500
(Post 2953724)
Hustler is currently in negotiations to purchase Fountain powerboats and all its assets. As of Oct. 5th, Fountain powerboats will go up for auction and no longer be doing business. Hustler Powerboats will move its operations to NC and re-build the Fountain and Baja Line to full capacity over the next 4 years and keep the Fountain Legacy intact as we feel it is a big part of Performance boat history and do not want to see it die off. We are dedicated to re-strengthening both Fountain and Baja, keeping the same look and feel with improved quality and workmanship. Over these last couple years, Hustler has been blessed with sales and is running strong and would like to give back to the boating community by saving these companies from being auctioned off piece by piece.
If you have any question please feel free to email me at [email protected] |
Originally Posted by 25 hors la loi
(Post 2953778)
Wow , i don`t want that ...when i remember Harley-Davidson they have hard time in `80 , and then since they make the rule ...this is why we need entry level ...and i wish good luck to every group who try something ...
T2x i quote you , but it`s not againts you ... Christian In boats we have Scarab, Cigarette, Magnum, Donzi, Baja, Checkmate, Formula, Fountain, Velocity, Sutphen, Pantera, Skater, Hustler, OL, etc, etc, etc, ad nauseum. |
exactly... look at the list of the owners forums...
and the boat market is tiny vs motrcycles... smaller market and wayyyyyyyy to many brands |
at last count how many models did fountain have... perf and fish
and what ever happent to the monster fountan fish boat? |
Wow never looked at it that way but there is alot of builders all fighting for the same sale. But I also think that Fountian in the CC Fish Market was a smart move for them. You might see more builders do that over time to keep sales up.
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It was a constant parade of projects like no-expense-spared speed records and the ill-fated yacht that really hurt Fountain. It might be fine for the brand to survive in a pared-down version with the most popular models continuing. There are a lot of loyal owners out there, and a few of them must be planning to upgrade at some point.
Regardless of the outcome, this is classic case of capitalism at work. Hopefully Hustler's gamble will pay off, the market will recover, and the maximum number of jobs can be saved. But - Darwin can be a b!tch. |
are we getting the FAJA Hustle ?
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add to the back of the old Baja boats and call it a Bustler and to the back of the Fountains and call it a Fustler LOL
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If someone is in negotiations to buy a company,why post on a public forum prior to sealing the deal?
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Any positive publicity is good.
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