Massive fire....Bwaaahahahahahahaahahahahhaaaa!
So easy to do with a hot resin and nothing suspicious.


Nice try, Ozzy, but you might try knowing what you're talking about from time
to time. C&C didn't recover even half of the insurance and they did try to
restart.
Here are the facts..

In 1989, Brian was forced out of C&C by the main share holder of the limited
partnership and replaced by Bob Stubing. Bob’s intial thinking was to close
the company down, but after becoming enamored with the industry, he tried to
keep it going. Unfortunately, by the middle of 1990, bank pressures forced the
close of C&C.

After 14 months, C&C was finally sold to Anthony Koo and Frank Chow of Wa Kwang
Shipping, which was at one time the fifth largest shipping company in the
world. The new company, C&C Yachts International, started out with grand plans.
In no time, they had production of a 51 and an IMS 45, including an endorsement
from Dennis Conner. By 1994, things had turned around so much that the plant
had trouble keeping up with sales. In addition, C&C Yachts International
acquired SR sailboats of Florida, a line of sport boats that proved to be
fierce competitors in racing.

In April of 1994, C&C was devastated by a fire that destroyed 40 molds, three
51 boats that were in production, the factory, the boat building records,
plans, etc. They tried to recover, but ultimately failed. Insurance only paid a
portion of the total loss, and C&C tried to resume production, only to find the
recovery cost was too much and closed the factory in August 1996.

RB

RB