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Tim Tim is offline
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First recorded activity by BoatBanter: Nov 2006
Posts: 19,107
Default Baja Boats Kaput?

On Apr 8, 2:46*pm, HK wrote:
Brunswick Corp. (BC) signed a letter of intent to sell certain assets of
its Baja Marine business to Fountain Powerboat Industries Inc. (FPB).
Financial terms weren't disclosed.
The Lake Forest, Ill., recreation products maker will end production of
Baja boats in Bucyrus, Ohio, by the end of May, consistent with the end
of the 2008 model year.
The company said closing of the Baja plant will result in the
elimination of about 285 jobs.
As a result, Brunswick estimates pretax asset write-downs, along with
severance and other costs, to total between $10 million to $15 million.


maybe not totally out harry, it';s possible that Brunswick feels they
have enough and thought that sales were down far enough to not justify
having Baja around. Fountain might pump them up into something
different than what they were.

Look at Marquis. They used to make runabouts and cuddies, now they
don't make anything small.

285 jobs eliminated? If Reggie F. decides to open up a new maket for
Baja, it will add back into the workfors at least a percentage.

I don't really know, but Baja being bought out might not be a bad
deal.