"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.