View Poll Results: strongest boat co.
Cigarette
52
28.42%
Fountain
9
4.92%
Nor-tech
29
15.85%
Skater
41
22.40%
Mti
15
8.20%
Outerlimits
10
5.46%
other
27
14.75%
Voters: 183. You may not vote on this poll
Todays stronges performance boat co.
10-07-2009 | 08:42 PM
#1
Thread Starter
Registered
Joined: Aug 2004
Posts: 3,812
Likes: 2
From: Paducah KY KY Lake
Todays stronges performance boat co.
In todays Market who is getting along the best and is the most stable? with the most sales profit? strongest?
Last edited by customryder; 10-07-2009 at 08:48 PM.
10-07-2009 | 09:22 PM
#5
Registered
Joined: Aug 2007
Posts: 676
Likes: 0
From: Greensboro,NC
Formula already laid off 225 people earlier this year. They can't be doing good, but they do still have a good luxury market compaired to other performance boat companies. I would think Cigarette would be the last one to fail because of the name brand . Jeff Wurl
10-07-2009 | 09:52 PM
#6
Registered
Joined: Aug 2001
Posts: 14,569
Likes: 4,533
From: Channel Islands, So. Cal.
If you talk to anyone that is in the know, they'll tell you no one is doing "good". Heads of performance boating company's that are on your list have been quoted as saying, "if we break even, we'll be happy". When people sit back and speculate at who's doing well, I don't think they take into account that the recent closure of some major dealers have put an additional damper on the bottom line (i.e. returned floored models).
I say, best of luck to all that are on that list. Will they all be here in 2-5 years? I hope so....But highly doubt it.
By the way, did you actually put Fountain on this list?? WTF?
I say, best of luck to all that are on that list. Will they all be here in 2-5 years? I hope so....But highly doubt it.
By the way, did you actually put Fountain on this list?? WTF?
10-08-2009 | 07:19 AM
#9
Registered
Joined: Jun 2005
Posts: 11,903
Likes: 1,140
Nortech is producing boats, several new ones delivered this year. Sunsation is building another F4 and working on the new 36 (with a couple already pre-sold).
All of the boat builders are hurting and the ones with the best accounting and lowest overhead will be the survivors. If they aren't building/selling boats they are losing money simply due to fixed overhead costs. You would be surprised to know how many boat companies that have been around for years (legends) are very thinly capitalized.
All of the boat builders are hurting and the ones with the best accounting and lowest overhead will be the survivors. If they aren't building/selling boats they are losing money simply due to fixed overhead costs. You would be surprised to know how many boat companies that have been around for years (legends) are very thinly capitalized.
:ernaehrung0 04:
