Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #51   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Dec 2006
Posts: 1,533
Default Genmar quits Florida for cheaper labor


"HK" wrote in message
...
jamesgangnc wrote:
On Jan 9, 8:40 am, wrote:
On Jan 8, 10:12 pm, "jamesgangnc" wrote:





Actually Sarasota is a fairly pricey area to be in. I won't say it is
the
most expensive but the central gulf coast area runs second to the miami
area.
"HK" wrote in message
...
Except for the job loss, this is hysterical. Florida is not a
high-wage
state. I guess the good folks in Tennessee are now competing with the
Chinese.
Genmar exits Florida, citing economic conditions
The high cost of doing business in Florida is driving out one of the
industry's biggest players. Genmar Holdings today announced plans to
phase
out its manufacturing operations in Sarasota in the next six months.
"Unfortunately, negative manufacturing economic conditions in Florida
and
the state of Florida's complete lack of interest in attempting to save
these jobs has left Genmar with no other choice than to move such
operations out of the state of Florida," said Genmar chairman and CEO
Irwin Jacobs in a statement.
He said Genmar, "has diligently attempted to preserve its
manufacturing
presence in the state of Florida, but it is just too costly compared
to
the other states where Genmar has existing manufacturing operations."
Product models larger than 25 feet in length for its various sal****er
boat brands will relocate out of Sarasota and transfer to other Genmar
plants throughout the United States. The change involves three of the
company's 14 boat brands: Hydra-Sport, Wellcraft and Seaswirl. These
three
brands manufacture a total of 58 models; 19 of them will be affected
by
the move.
Today, 67 percent of Hydra-Sports' models are manufactured in
Murfreesboro, Tenn.; 52 percent of Wellcraft's models are manufactured
in
Cadillac, Mich.; and 75 percent of Seaswirl's models are manufactured
in
Little Falls, Minn.
About 225 employees will be affected by this transition. However,
Genmar
says its Sarasota employees will earn special incentives during the
six-month transitional period. Also, to the extent possible, Genmar's
other plants will offer jobs to several Sarasota employees affected by
the
shut-down.
Genmar says it will continue to retain "a solid and experienced core
group" of boat designers, tool builders and other product development
personnel, along with its brand sales, customer service and management
in
Florida, particularly in light of its proximity to this key boating
market.
"While the above decisions and changes have been very difficult to
make,
the opportunities created for the affected Genmar's brands and its
other
facilities are very significant," said Jacobs.
"We recognize we are entering the beginning of the annual retail boat
show
selling season and all of our dealers can be assured that supporting
them
with sales, marketing and product are our first priorities," Jacobs
continued. "The transition referenced above has been carefully planned
for
a prudent and seamless transition as it relates to our dealers, their
customers and our entire organization."
Genmar, with about 4,000 employees and eight manufacturing centers,
builds
14 brands of recreational boats. These include Carver, Champion, Four
Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab,
Seaswirl,
Stratos, Triumph, Wellcraft and Windsor Craft.- Hide quoted text -
- Show quoted text -
But wages are still in the toilet there.- Hide quoted text -

- Show quoted text -


Not sure that has much bearing. They can hardly tell the existing
employees to take ap ay cut without getting a lot of grief so the
current labor rate only affects them if they were considering
expanding. Other wise it's all the other local costs of doing
business.



Which, of course, just proves my point that if you work for a large
corporation, the day you get hired, you should revise and start sending
out your resume, because sooner or later, that corporation is going to
screw you.


I worked for T for 30 years, never was screwed.


  #52   Report Post  
posted to rec.boats
HK HK is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Genmar quits Florida for cheaper labor

D.Duck wrote:
"HK" wrote in message
...
jamesgangnc wrote:
On Jan 9, 8:40 am, wrote:
On Jan 8, 10:12 pm, "jamesgangnc" wrote:





Actually Sarasota is a fairly pricey area to be in. I won't say it is
the
most expensive but the central gulf coast area runs second to the miami
area.
"HK" wrote in message
...
Except for the job loss, this is hysterical. Florida is not a
high-wage
state. I guess the good folks in Tennessee are now competing with the
Chinese.
Genmar exits Florida, citing economic conditions
The high cost of doing business in Florida is driving out one of the
industry's biggest players. Genmar Holdings today announced plans to
phase
out its manufacturing operations in Sarasota in the next six months.
"Unfortunately, negative manufacturing economic conditions in Florida
and
the state of Florida's complete lack of interest in attempting to save
these jobs has left Genmar with no other choice than to move such
operations out of the state of Florida," said Genmar chairman and CEO
Irwin Jacobs in a statement.
He said Genmar, "has diligently attempted to preserve its
manufacturing
presence in the state of Florida, but it is just too costly compared
to
the other states where Genmar has existing manufacturing operations."
Product models larger than 25 feet in length for its various sal****er
boat brands will relocate out of Sarasota and transfer to other Genmar
plants throughout the United States. The change involves three of the
company's 14 boat brands: Hydra-Sport, Wellcraft and Seaswirl. These
three
brands manufacture a total of 58 models; 19 of them will be affected
by
the move.
Today, 67 percent of Hydra-Sports' models are manufactured in
Murfreesboro, Tenn.; 52 percent of Wellcraft's models are manufactured
in
Cadillac, Mich.; and 75 percent of Seaswirl's models are manufactured
in
Little Falls, Minn.
About 225 employees will be affected by this transition. However,
Genmar
says its Sarasota employees will earn special incentives during the
six-month transitional period. Also, to the extent possible, Genmar's
other plants will offer jobs to several Sarasota employees affected by
the
shut-down.
Genmar says it will continue to retain "a solid and experienced core
group" of boat designers, tool builders and other product development
personnel, along with its brand sales, customer service and management
in
Florida, particularly in light of its proximity to this key boating
market.
"While the above decisions and changes have been very difficult to
make,
the opportunities created for the affected Genmar's brands and its
other
facilities are very significant," said Jacobs.
"We recognize we are entering the beginning of the annual retail boat
show
selling season and all of our dealers can be assured that supporting
them
with sales, marketing and product are our first priorities," Jacobs
continued. "The transition referenced above has been carefully planned
for
a prudent and seamless transition as it relates to our dealers, their
customers and our entire organization."
Genmar, with about 4,000 employees and eight manufacturing centers,
builds
14 brands of recreational boats. These include Carver, Champion, Four
Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab,
Seaswirl,
Stratos, Triumph, Wellcraft and Windsor Craft.- Hide quoted text -
- Show quoted text -
But wages are still in the toilet there.- Hide quoted text -

- Show quoted text -
Not sure that has much bearing. They can hardly tell the existing
employees to take ap ay cut without getting a lot of grief so the
current labor rate only affects them if they were considering
expanding. Other wise it's all the other local costs of doing
business.


Which, of course, just proves my point that if you work for a large
corporation, the day you get hired, you should revise and start sending
out your resume, because sooner or later, that corporation is going to
screw you.


I worked for T for 30 years, never was screwed.




Well, good. There used to be a sort of "social compact" in this country,
that sort of was, "You work your butt off for us, and we'll take care of
you." Really. But not anymore.

And this has carried over into other areas of the corporate world. I was
checking over my frequent flyer miles today. One airline had made a
substantial accounting error. It took three phones and about a dozen
"transfers" until I ended up with some nincompoop in Bangladore who was
not able to help me and who obviously was on a VOIP connection. So I
ended up sending a FAX in for help. I doubt the problem will ever be
fixed. After all, this is America, where corporations rule and where the
attitude is "fu*k you, pay me," the old "mob" line.

What's funny is that the old time mobs had more integrity than many of
today's corporations.
  #53   Report Post  
posted to rec.boats
BAR BAR is offline
external usenet poster
 
First recorded activity by BoatBanter: Jun 2007
Posts: 1,728
Default Genmar quits Florida for cheaper labor

HK wrote:
Wayne.B wrote:
On Wed, 09 Jan 2008 11:43:45 -0500, HK wrote:

How many large corporations have you worked for, let's say NYSE listed
for a frame of reference?

I'm guessing zero.


As a staff person and as a consultant, about a half dozen.


Sounds like you've had trouble holding a job, not surprising
considering your "issues".


Sounds like you'd be wrong...again.


There you go again, making statements without any data to back them up.
Is this another one of your Lobsta Boat, MD PHD Wife, Yale undergrad lies?

  #54   Report Post  
posted to rec.boats
BAR BAR is offline
external usenet poster
 
First recorded activity by BoatBanter: Jun 2007
Posts: 1,728
Default Genmar quits Florida for cheaper labor

HK wrote:
Wayne.B wrote:
On Wed, 09 Jan 2008 14:26:43 -0500, wrote:

I don't want to say who is right or wrong but IBM was very clear with
me that their job was to return profits to the stockholders, not look
out for employees. If the two were not contradictory they did both but
when push came to shove, they "shoved" the employee. In my case (and
about 20,000 of my peers) that shove was out the door. Then they
regeged on most of the promises they made about our retirement.


IBM and several other companies like AT&T found themselves with a
surplus of highly trained folks left over from the days of
electro-mechanical hardware. They tried to retred as many as possible
into software development and other related areas but the numbers
involved were just too large, and the new generations of all digital
equipment were just too reliable and easy to maintain.



Translation: We sucked everything out of you we could, now we're cutting
you loose and we're not going to keep the commitments we made about your
retirement, either.

Thank you, and f*ck you.

Your Friends

The Golden Parachutes at Management and Our Buddies, the Shareholders.


I thought you had a sweetheart employment contract at Ullico? Weren't
you on the golden boy list at that ah small company? Didn't you get in
on some killer stock deals with MCI, Tyco, Enron, and a few others.
Isn't that why you can afford the double wide manufactured home in
Calvert County?



  #56   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Dec 2006
Posts: 1,533
Default Genmar quits Florida for cheaper labor


"HK" wrote in message
...
D.Duck wrote:
"HK" wrote in message
...
jamesgangnc wrote:
On Jan 9, 8:40 am, wrote:
On Jan 8, 10:12 pm, "jamesgangnc" wrote:





Actually Sarasota is a fairly pricey area to be in. I won't say it
is the
most expensive but the central gulf coast area runs second to the
miami
area.
"HK" wrote in message
...
Except for the job loss, this is hysterical. Florida is not a
high-wage
state. I guess the good folks in Tennessee are now competing with
the
Chinese.
Genmar exits Florida, citing economic conditions
The high cost of doing business in Florida is driving out one of the
industry's biggest players. Genmar Holdings today announced plans to
phase
out its manufacturing operations in Sarasota in the next six months.
"Unfortunately, negative manufacturing economic conditions in
Florida and
the state of Florida's complete lack of interest in attempting to
save
these jobs has left Genmar with no other choice than to move such
operations out of the state of Florida," said Genmar chairman and
CEO
Irwin Jacobs in a statement.
He said Genmar, "has diligently attempted to preserve its
manufacturing
presence in the state of Florida, but it is just too costly compared
to
the other states where Genmar has existing manufacturing
operations."
Product models larger than 25 feet in length for its various
sal****er
boat brands will relocate out of Sarasota and transfer to other
Genmar
plants throughout the United States. The change involves three of
the
company's 14 boat brands: Hydra-Sport, Wellcraft and Seaswirl. These
three
brands manufacture a total of 58 models; 19 of them will be affected
by
the move.
Today, 67 percent of Hydra-Sports' models are manufactured in
Murfreesboro, Tenn.; 52 percent of Wellcraft's models are
manufactured in
Cadillac, Mich.; and 75 percent of Seaswirl's models are
manufactured in
Little Falls, Minn.
About 225 employees will be affected by this transition. However,
Genmar
says its Sarasota employees will earn special incentives during the
six-month transitional period. Also, to the extent possible,
Genmar's
other plants will offer jobs to several Sarasota employees affected
by the
shut-down.
Genmar says it will continue to retain "a solid and experienced core
group" of boat designers, tool builders and other product
development
personnel, along with its brand sales, customer service and
management in
Florida, particularly in light of its proximity to this key boating
market.
"While the above decisions and changes have been very difficult to
make,
the opportunities created for the affected Genmar's brands and its
other
facilities are very significant," said Jacobs.
"We recognize we are entering the beginning of the annual retail
boat show
selling season and all of our dealers can be assured that supporting
them
with sales, marketing and product are our first priorities," Jacobs
continued. "The transition referenced above has been carefully
planned for
a prudent and seamless transition as it relates to our dealers,
their
customers and our entire organization."
Genmar, with about 4,000 employees and eight manufacturing centers,
builds
14 brands of recreational boats. These include Carver, Champion,
Four
Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab,
Seaswirl,
Stratos, Triumph, Wellcraft and Windsor Craft.- Hide quoted text -
- Show quoted text -
But wages are still in the toilet there.- Hide quoted text -

- Show quoted text -
Not sure that has much bearing. They can hardly tell the existing
employees to take ap ay cut without getting a lot of grief so the
current labor rate only affects them if they were considering
expanding. Other wise it's all the other local costs of doing
business.

Which, of course, just proves my point that if you work for a large
corporation, the day you get hired, you should revise and start sending
out your resume, because sooner or later, that corporation is going to
screw you.


I worked for T for 30 years, never was screwed.



Well, good. There used to be a sort of "social compact" in this country,
that sort of was, "You work your butt off for us, and we'll take care of
you." Really. But not anymore.

And this has carried over into other areas of the corporate world. I was
checking over my frequent flyer miles today. One airline had made a
substantial accounting error. It took three phones and about a dozen
"transfers" until I ended up with some nincompoop in Bangladore who was
not able to help me and who obviously was on a VOIP connection. So I ended
up sending a FAX in for help. I doubt the problem will ever be fixed.
After all, this is America, where corporations rule and where the attitude
is "fu*k you, pay me," the old "mob" line.

What's funny is that the old time mobs had more integrity than many of
today's corporations.


Tell that to Paul Costellano, Sam Giancana, et. al.


  #57   Report Post  
posted to rec.boats
HK HK is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Genmar quits Florida for cheaper labor

JimH wrote:
"Wayne.B" wrote in message
...
On Wed, 09 Jan 2008 11:43:45 -0500, HK wrote:

How many large corporations have you worked for, let's say NYSE listed
for a frame of reference?

I'm guessing zero.


As a staff person and as a consultant, about a half dozen.

Sounds like you've had trouble holding a job, not surprising
considering your "issues".


It is not uncommon to move from company to company during your climb up the
job status or pay increase ladder. The days of sticking around with one
company your entire lifetime died in the 1960's.



I fortunately have been able to avoid big time corporate payroll
employment for many years now, although I do have two as clients now,
both in the financial services business. But I did serve time working
for a couple of listed corporations. I always preferred the smaller
companies, where creativity was encouraged and the management wasn't
overrun with young hustler MBAs.
  #58   Report Post  
posted to rec.boats
HK HK is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Genmar quits Florida for cheaper labor

BAR wrote:
HK wrote:
Wayne.B wrote:
On Wed, 09 Jan 2008 14:26:43 -0500, wrote:

I don't want to say who is right or wrong but IBM was very clear with
me that their job was to return profits to the stockholders, not look
out for employees. If the two were not contradictory they did both but
when push came to shove, they "shoved" the employee. In my case (and
about 20,000 of my peers) that shove was out the door. Then they
regeged on most of the promises they made about our retirement.

IBM and several other companies like AT&T found themselves with a
surplus of highly trained folks left over from the days of
electro-mechanical hardware. They tried to retred as many as possible
into software development and other related areas but the numbers
involved were just too large, and the new generations of all digital
equipment were just too reliable and easy to maintain.



Translation: We sucked everything out of you we could, now we're
cutting you loose and we're not going to keep the commitments we made
about your retirement, either.

Thank you, and f*ck you.

Your Friends

The Golden Parachutes at Management and Our Buddies, the Shareholders.


I thought you had a sweetheart employment contract at Ullico? Weren't
you on the golden boy list at that ah small company? Didn't you get in
on some killer stock deals with MCI, Tyco, Enron, and a few others.
Isn't that why you can afford the double wide manufactured home in
Calvert County?




Drinking again?
  #59   Report Post  
posted to rec.boats
BAR BAR is offline
external usenet poster
 
First recorded activity by BoatBanter: Jun 2007
Posts: 1,728
Default Genmar quits Florida for cheaper labor

HK wrote:
BAR wrote:
HK wrote:
Wayne.B wrote:
On Wed, 09 Jan 2008 14:26:43 -0500, wrote:

I don't want to say who is right or wrong but IBM was very clear with
me that their job was to return profits to the stockholders, not look
out for employees. If the two were not contradictory they did both but
when push came to shove, they "shoved" the employee. In my case (and
about 20,000 of my peers) that shove was out the door. Then they
regeged on most of the promises they made about our retirement.

IBM and several other companies like AT&T found themselves with a
surplus of highly trained folks left over from the days of
electro-mechanical hardware. They tried to retred as many as possible
into software development and other related areas but the numbers
involved were just too large, and the new generations of all digital
equipment were just too reliable and easy to maintain.



Translation: We sucked everything out of you we could, now we're
cutting you loose and we're not going to keep the commitments we made
about your retirement, either.

Thank you, and f*ck you.

Your Friends

The Golden Parachutes at Management and Our Buddies, the Shareholders.


I thought you had a sweetheart employment contract at Ullico? Weren't
you on the golden boy list at that ah small company? Didn't you get in
on some killer stock deals with MCI, Tyco, Enron, and a few others.
Isn't that why you can afford the double wide manufactured home in
Calvert County?




Drinking again?



No, I've actually been working hard since 6:30 AM today. My first
con-call with my India team.

  #60   Report Post  
posted to rec.boats
HK HK is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Genmar quits Florida for cheaper labor

D.Duck wrote:
"HK" wrote in message
...
D.Duck wrote:
"HK" wrote in message
...
jamesgangnc wrote:
On Jan 9, 8:40 am, wrote:
On Jan 8, 10:12 pm, "jamesgangnc" wrote:





Actually Sarasota is a fairly pricey area to be in. I won't say it
is the
most expensive but the central gulf coast area runs second to the
miami
area.
"HK" wrote in message
...
Except for the job loss, this is hysterical. Florida is not a
high-wage
state. I guess the good folks in Tennessee are now competing with
the
Chinese.
Genmar exits Florida, citing economic conditions
The high cost of doing business in Florida is driving out one of the
industry's biggest players. Genmar Holdings today announced plans to
phase
out its manufacturing operations in Sarasota in the next six months.
"Unfortunately, negative manufacturing economic conditions in
Florida and
the state of Florida's complete lack of interest in attempting to
save
these jobs has left Genmar with no other choice than to move such
operations out of the state of Florida," said Genmar chairman and
CEO
Irwin Jacobs in a statement.
He said Genmar, "has diligently attempted to preserve its
manufacturing
presence in the state of Florida, but it is just too costly compared
to
the other states where Genmar has existing manufacturing
operations."
Product models larger than 25 feet in length for its various
sal****er
boat brands will relocate out of Sarasota and transfer to other
Genmar
plants throughout the United States. The change involves three of
the
company's 14 boat brands: Hydra-Sport, Wellcraft and Seaswirl. These
three
brands manufacture a total of 58 models; 19 of them will be affected
by
the move.
Today, 67 percent of Hydra-Sports' models are manufactured in
Murfreesboro, Tenn.; 52 percent of Wellcraft's models are
manufactured in
Cadillac, Mich.; and 75 percent of Seaswirl's models are
manufactured in
Little Falls, Minn.
About 225 employees will be affected by this transition. However,
Genmar
says its Sarasota employees will earn special incentives during the
six-month transitional period. Also, to the extent possible,
Genmar's
other plants will offer jobs to several Sarasota employees affected
by the
shut-down.
Genmar says it will continue to retain "a solid and experienced core
group" of boat designers, tool builders and other product
development
personnel, along with its brand sales, customer service and
management in
Florida, particularly in light of its proximity to this key boating
market.
"While the above decisions and changes have been very difficult to
make,
the opportunities created for the affected Genmar's brands and its
other
facilities are very significant," said Jacobs.
"We recognize we are entering the beginning of the annual retail
boat show
selling season and all of our dealers can be assured that supporting
them
with sales, marketing and product are our first priorities," Jacobs
continued. "The transition referenced above has been carefully
planned for
a prudent and seamless transition as it relates to our dealers,
their
customers and our entire organization."
Genmar, with about 4,000 employees and eight manufacturing centers,
builds
14 brands of recreational boats. These include Carver, Champion,
Four
Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab,
Seaswirl,
Stratos, Triumph, Wellcraft and Windsor Craft.- Hide quoted text -
- Show quoted text -
But wages are still in the toilet there.- Hide quoted text -

- Show quoted text -
Not sure that has much bearing. They can hardly tell the existing
employees to take ap ay cut without getting a lot of grief so the
current labor rate only affects them if they were considering
expanding. Other wise it's all the other local costs of doing
business.
Which, of course, just proves my point that if you work for a large
corporation, the day you get hired, you should revise and start sending
out your resume, because sooner or later, that corporation is going to
screw you.
I worked for T for 30 years, never was screwed.


Well, good. There used to be a sort of "social compact" in this country,
that sort of was, "You work your butt off for us, and we'll take care of
you." Really. But not anymore.

And this has carried over into other areas of the corporate world. I was
checking over my frequent flyer miles today. One airline had made a
substantial accounting error. It took three phones and about a dozen
"transfers" until I ended up with some nincompoop in Bangladore who was
not able to help me and who obviously was on a VOIP connection. So I ended
up sending a FAX in for help. I doubt the problem will ever be fixed.
After all, this is America, where corporations rule and where the attitude
is "fu*k you, pay me," the old "mob" line.

What's funny is that the old time mobs had more integrity than many of
today's corporations.


Tell that to Paul Costellano, Sam Giancana, et. al.



I didn't know those two, but I did know several others. It's Castellano,
I believe. The fact that those two and many others came to an "untimely"
end doesn't negate my posit. Jimmy Hoffa, who was a crook, had more
integrity than the Enron management team and did a lot less damage.
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Genmar announces Boat Rental/Lease Program JimH General 2 February 12th 05 12:17 AM
Evinrude quits when it warms up Robert Olson General 3 June 8th 04 01:51 AM
Genmar hires the GB designer Gould 0738 General 5 January 13th 04 02:20 AM
Engine News from Genmar Gould 0738 General 8 October 27th 03 04:47 PM


All times are GMT +1. The time now is 10:20 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017