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Cigarette Racing Team Acquires Vectorworks And Doug Wright Designs

Old 02-15-2022, 08:10 AM
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Default Cigarette Racing Team Acquires Vectorworks And Doug Wright Designs

Big news out of Cigarette Racing Team on the eve of the Miami International Boat Show, https://www.speedonthewater.com/ciga...right-designs/
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Old 02-15-2022, 08:29 AM
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I'd buy a Cig Cat
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Old 02-15-2022, 08:30 AM
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Guess everyone that doubted a 21 year old CEO, has a mouthful of their own foot (or penis, depending on the person)... what a great way to get into the outboard cat mkt, buy one of the best ones out there.
“When we first went to Vectorworks, I pulled my dad aside and said, ‘This is the move that will put the company to a whole other level,’ and not just for Cigarette but for the industry as a whole,” he added. “We will be developing technology first for our brand that focuses on functionality and safety, but we will make that technology available for the industry.”
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Old 02-15-2022, 09:28 AM
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Right, let's all suck cigarette cock like offshoredrillin just because their 21 year old CEO is able to convince his dad to spend more money on more boat companies he has no experience running. I mean really, why contract with a marine engineering firm to design and build a mold for a new catamaran hull when you can just buy the whole darn naval engineering firm and a company that already builds catamarans and slap your name on them.
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Old 02-15-2022, 09:40 AM
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Originally Posted by TexomaPowerboater View Post
Right, let's all suck cigarette cock like offshoredrillin just because their 21 year old CEO is able to convince his dad to spend more money on more boat companies he has no experience running. I mean really, why contract with a marine engineering firm to design and build a mold for a new catamaran hull when you can just buy the whole darn naval engineering firm and a company that already builds catamarans and slap your name on them.
lol, Dont get so butt-hurt Andy, they are making moves that the industry needs, not only will they make new and better products, they can tweak the ones they already have for better performance as well as safety. instead of contracting that to a naval engineering company at XX dollars, its better to do it in house if you have the ability. So not only did they purchase it to take in house to save costs on their own, they can make build business industry wide... you're an accountant, you should know that. are you mad because every bit of what they did was a great move?
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Old 02-15-2022, 09:47 AM
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Old 02-15-2022, 10:31 AM
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Crazy.

Crazy like a fox.
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Old 02-15-2022, 10:39 AM
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Time will tell

Like shown, a bold plan
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Old 02-15-2022, 11:03 AM
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Wow nice good luck!
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Old 02-15-2022, 11:14 AM
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Man that is pretty big news. As for the comment about going out and buying a cat builder and a design company.

That is SOP for well financed companies, why do it on your own when you can buy one? It also gets rid of some competition.

I am writing this as I sit at our home office meeting with our new owners, who rather then come up with there own decided to purchase us. Instant knowledge base.
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