Powerquest Factory
#351
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Joined: Jul 2005
Posts: 315
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From: Byron Center MI
OK, more rumors................
I heard from a PQ employee that they are being called back to work in 30 days. Seems that a large marina in Muskegon has bought them??? Great Lakes??? Ed are you the guy??? Iam told that I will see the letter this week stating that this person is going back to work. I will keep you posted if this document does in fact become reality.
So there you go................
this is how the rumor mill keeps going and going and going..............
I heard from a PQ employee that they are being called back to work in 30 days. Seems that a large marina in Muskegon has bought them??? Great Lakes??? Ed are you the guy??? Iam told that I will see the letter this week stating that this person is going back to work. I will keep you posted if this document does in fact become reality.
So there you go................
this is how the rumor mill keeps going and going and going..............
#353
Registered
Joined: Jul 2005
Posts: 315
Likes: 0
From: Byron Center MI
Dam right!!! Ed better sack up and put on the MAJOR bash!!!!!!!
I cant go into too much detail, but this person is applying for a loan of sorts through one on my brokers and needs to show me that there working and have the ablity to repay, alwayse nice, so I really dont think that at this point they would play the "Im going back to work card" and not be able to prove it. Never know, I seen stranger things...............
I cant go into too much detail, but this person is applying for a loan of sorts through one on my brokers and needs to show me that there working and have the ablity to repay, alwayse nice, so I really dont think that at this point they would play the "Im going back to work card" and not be able to prove it. Never know, I seen stranger things...............
#354
I talked to Bob Luellen last week and asked him if he knew who the new owners were. He had heard the rumors too, but did not have any real news. Great Lakes Marine also came up in conversation since my boat is listed and he suggested I call Ed as he is a good friend of his. I would think he would have said something about them being the new owners.
#355
Allow me to cut to the chase here..Jack Moll is still the owner of Powerquest Boats. After six months, It is still not operating today.. 01/22/06..There is another prospective buyer who has offered to purchase the company and is in negotiations..The timing is now more critical on survival of the name and its loyalty..TMB was there to start the operations the first of this year.. Ladies and Gentlemen, THE DEAL WAS DONE !! Period!! The doors would have been reopened and operating according to TMB..Now a twist has begun with the new group headed by Phil Hall and his partners to attempt to purchase the company..Phil, If your reading this, I wish you the best in your endeavors.. As being a part of the industry for a long time, stranger things go on in this boat building world..I am very disturbed by all this, knowing more on how it went down... Hopefully you will land the purchase so the employees can come back and build a good product and support their families.The PQ dealers having piece of mind on making a living selling these boats..The customers who enjoy owning a Powerquest Boat time after time..
#359
I stopped in the Powerquest booth at the Cleveland Boat Show today and asked what was going on at the factory. One of the gentlemen there said he was a Powerquest employee and an announcement will be made in 3 weeks. He hinted that the new owner(s) is into racing.
#360
He runs a boat rigging shop in Muskegon Michigan.Some have heard of him and some have not..
By the way, yes six months..The owner kept this thing pretty quiet from the public,dealers and the press.
By the way, yes six months..The owner kept this thing pretty quiet from the public,dealers and the press.



