Purchasing Fountain Powerboats
10-14-2009, 02:27 PM
#282
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Their are few if any members on this forum that can or will answer about what will happen at Fountain. Just wait and see like the rest of us. And wish them luck
I am just happy I still have a job and can plan on and look at boats to buy.
10-14-2009, 02:55 PM
#284
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boy, fountainracing sure has a attitude these days. there is no need to get so fired up over something we have no control over. i for one would like to get called back to work. it has been a long 3 months.
10-14-2009, 03:14 PM
#285
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Welcome to the board Reggie!
10-14-2009, 07:13 PM
#287
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This people is what it is really all about, read it until it sinks in!
Fountain Powerboats, like many business these days, has been put in a position where there was no other choice but to lay people off. These people are no different than any of the rest of us. They have family and responsibilities to take care of. Count your blessings if you still have a business to run tomorrow or a job to go to in order to take care of those that count on you. It's not a pretty world out there these days.
Fountain has been given a chance to make it work, he's not trying to move production to Mexico or China. At least give him credit for that.
P.S. Yes I'm a Fountain fan! And I hope to hell Reggie pulls this off! Don't like that?
Well ..........
10-14-2009, 07:30 PM
#288
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We are limited with brands already. Really dont need one of the big dogs goin under. I like fountain, I like alot of brands. Hell if I had the cake to waste on any boat probably would be something else, but fountains are alot of boat for the money and who wants to see anyone fail. Love him or hate him his product is pretty good for certain reasons. Fountain just out grew the market. Company kind of ate itself. May go back to the basics, build to order, keep less employees working as much as possible and come out a smaller and more profitable company.
Almost all boat companys have their place. How boring would it be to see fountains disapear?
Almost all boat companys have their place. How boring would it be to see fountains disapear?
Last edited by 38Lightning; 10-14-2009 at 07:32 PM.
10-15-2009, 11:11 AM
#289
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By reading this and other threads what seems the side that people seem to think is against fountain is most are not against reggie as an idividual but against his business decisions when people say things like "fountain outgrew the market" that did not have to happen it was the choice of the idividual running the company.
This affects everyone in the industry as stated before because when he the company files BR than other companies have to eat costs. Maybe not as much mercury but think all boats are made of resin and fiber and that only come from a couple companies so they may have to raise costs a little or even worse put another company on COD just because they build boats guilty by association. Then look at the financing companies they do not want to finace boats or floorplan them because some manufacturers had their dealers floorplan 10 or 20 boats or more that they now cannot sell or the bank has got back as the dealer went under or reorganized. This in turn has an effect on the whole industry because some companies "outgrew the market".
This affects everyone in the industry as stated before because when he the company files BR than other companies have to eat costs. Maybe not as much mercury but think all boats are made of resin and fiber and that only come from a couple companies so they may have to raise costs a little or even worse put another company on COD just because they build boats guilty by association. Then look at the financing companies they do not want to finace boats or floorplan them because some manufacturers had their dealers floorplan 10 or 20 boats or more that they now cannot sell or the bank has got back as the dealer went under or reorganized. This in turn has an effect on the whole industry because some companies "outgrew the market".
10-15-2009, 11:40 AM
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[QUOTE=db71;2973427]By reading this and other threads what seems the side that people seem to think is against fountain is most are not against reggie as an idividual but against his business decisions when people say things like "fountain outgrew the market" that did not have to happen it was the choice of the idividual running the company.
I agree. Outgrew the market=more overhead/debt than revenue
Always want to be leaner working at capacity then larger, more exspense, and not enough revenue. No one plans on getting big and the bottom falling out, but hopefully all works out in the end.
I agree. Outgrew the market=more overhead/debt than revenue
Always want to be leaner working at capacity then larger, more exspense, and not enough revenue. No one plans on getting big and the bottom falling out, but hopefully all works out in the end.
