Re: Powerquest Factory
 

Excellent news! Their boats filled a niche. If they really do get up and running successfully it should help value of existing older models. Good luck to all involved in bringing back Powerquest.

Re: Powerquest Factory
 

Maybe we'll have a PQ Rally this year... :D :drink:

Re: Powerquest Factory
 

I don't know about Mandi, but I know Mike, Mark, and Rick have moved on to other jobs. Mark is the only one of the three that stayed in the marine industry(TIARA YACHTS). I know several other former PQ employees that went to TIARA also. It will be interesting to see who re-surfaces over there once things get up and running again.

Re: Powerquest Factory
 

Unless I'm mistaken the web site has changed. Very small change but a change non the less. They have the history of Powerquest listed.

Re: Powerquest Factory
 

FF, it looks the same to me. I remember reading all that when I was looking at buying my boat in August of this year.

Re: Powerquest Factory
 

My bad!! I was at the office and did a google and that page loaded 1st. I came home and hit my favorites and it loads to a different page but the same one thats been there for months. By the way, anyone know where that 38 is on the home page?? That is one beautiful boat!

Re: Powerquest Factory
 

It will be interesting to see who goes back. If I had a job that was about equal in enjoyment and reward, I would have a hard time going back. Particularly not knowing exactly what you are getting yourself into, and given the state of the marine industry right now. Unless the new buyer already had staffing figured out before finalizing, which they very well may have, the up hill battle may still be in front of them.

Re: Powerquest Factory
 

I would say they are at the bottom of a very long and steep mountain.

Re: Powerquest Factory
 

No matter what , I'm happy to hear and see there's activity and that someone has enough faith in the name to take a chance and make it work once again. No one would walk into a business like this without a plan and I must tip my hat to Phil and wish him and all involved best of luck.

Re: Powerquest Factory
 

I wish them the best of luck.

Re: Powerquest Factory
 

I was at the Joker factory today and heard a billionaire from GA was starting his own Powerquest racing league and bought PQ to supply the boats. :D

Re: Powerquest Factory
 

Mandi is working with her family - family business

Re: Powerquest Factory
 

I just called the Joker factory and I was told some groupie came by and was sniffing around our new 26 Joker project! :D

Re: Powerquest Factory
 

I think you are correct Mark. It's going take a lot of work to get the trust back from the suppliers, dealers, and most of all, the customers. I wish PQ the best in doing so. You've got to give Phil credit for taking on such a task. Maybe Phil has some other plan in mind besides just trying to bring the name and product back. Perhaps it will be even more of a custom boat than what they were before. It indeed will be interesting to see what happens as this progresses.

Re: Powerquest Factory
 

That 26 will be a weapon!

Re: Powerquest Factory
 

We can allways have a PQ Rally in Cleveland :D with or without the Power Quest Factory.

Re: Powerquest Factory
 

Anyone been around the factory over the weekend?? Just wondering if there has been any activity. Weekend work would be a good thing.

Re: Powerquest Factory
 

Only one vehicle in the parking lot yesterday 11-18.

Re: Powerquest Factory
 

a true die hard would have had a web cam scoped out by now

Re: Powerquest Factory
 

There has been people every day cleaning and painting in the factory including Phil Hall

Re: Powerquest Factory
 

Pics?

Re: Powerquest Factory
 

Thats awesome!! So many boat builders never come back from a closure (just look at the NADA and you see hundreds that are out of business). I hope the quality remains--I know the loyal owners do. If anyone can take a pic or two that would be great. I would love to see what the factory looks like.

Re: Powerquest Factory
 

Well, here was the inside when one of my PQ's was built.

Re: Powerquest Factory
 

Re: Powerquest Factory
 

Ive read a few of you who drive by the factory daily on your way to work. Why doesnt someone stop by and talk with some of the people who are there? It sounds like there is alot of activity and they could tell us for sure if its re-opening and when...Just a thought.

Re: Powerquest Factory
 

They are going to be back in buisness possibly by the first of the year,it takes time to clean up the prior difficulties there along with getting help up and running.

Re: Powerquest Factory
 

Seems odd that there's been no news or announcements from PQ yet. !st of the year is just around the corner.

Re: Powerquest Factory
 

I agree--we are 3 weeks away from the new year..Just checked their website and nothing new..Does anyone have any news??

Re: Powerquest Factory
 

Heard thru the grapevine (somebody who knows somebody who knows somebody) that a bank out of Indiana is financing the deal and they're trying reconcile what the sellers say the molds and fixtures are worth (a couple million) and what they're really worth after a year of sitting around (not much)...

Re: Powerquest Factory
 

PQ's molds from what I had seen are some of the best around. They really seemed to take very good care of them. Not sure what there value would be.

Re: Powerquest Factory
 

Depending on how and where they were stored, meaning if they did not warp out of shape, I am not sure why they would depreciate???

Re: Powerquest Factory
 

I believe you can write off depreciation on machines,tooling,& equipment for tax purposes on a business. Their might be an advantage for one party or the other for the "molds" to be valued at a certain number.

Re: Powerquest Factory
 

Actual mold value is a function of how many parts were pulled, maintenance, how they're stored, and age. From a financial standpoint, I would guess that most of PQ's molds have been significantly depreciated. If the molds weren't maintained or "skinned" when they turned the lights off a year ago, they would take alot of work to get back into production shape. The ones left outside would be the biggest question mark.

Re: Powerquest Factory
 

Got the word today that it will be 6-8 weeks boats will be in the molds

Re: Powerquest Factory
 

Fantastic! Great News. :drool: :drool:

Re: Powerquest Factory
 

you would think they would put something on their website or some type of announncement to try and create a buzz.

did they ever build that Mcleod poker run 38' that they had a drawing of? They need something exciting to get some attention.

Re: Powerquest Factory
 

How about this for a buzz.... :eek: :eek: :D

Re: Powerquest Factory-Mcleod poker run 38'
 

When I was trhere a year aGo last Sept a mock up of the the Mcleod poker run 38' footer was in the back lot ,outside and uncovered. It looked totally different than the current Avenger but was along way from being ready, a long way!
Based on the drawings I am sure it would be a draw if they continued with it but I have to believe there was still lots to be done before they would even have one to water test.
At that time the motor choice was the Imore V 10 .

Re: Powerquest Factory
 

Just checking up to see what the activity is at the plant???

Re: Powerquest Factory
 

I just left a local ex- PQ dealer, they picked up an 05 32 PC, he had sitting around for 2 years. He had the boat on his lot, when they went belly up. it was still PQ's boat so he couldnt sell it. They sent a truck down last week and hauled it back to MI.