Thread: Genmar Files Chapter 11
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D K[_4_] D K[_4_] is offline
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First recorded activity by BoatBanter: Jan 2009
Posts: 123
Default Genmar Files Chapter 11
wrote:
On Jun 2, 9:03 am, Wizard of Woodstock wrote:
On Mon, 01 Jun 2009 21:08:03 -0400, HK wrote:
He said the bankruptcy filing will allow Genmar to put together a
business plan that will resolve the loan issue with Wells Fargo.
“We believe that once Genmar exits Chapter 11 we will be a better and
stronger company than ever before,” he said.
Crap - I'm in the market for a Ranger bass boat.

That does not bode well for Ranger - being an upscale type bass boat,
I can't imagine them closing downt the line, but there have been
rumors about that so they can concentrate on Stratos and Champion.

Damn - not good news - Jacobs is a moron and it wouldn't surprize me
if he shuttered Ranger. Either that or downgrade the quality.

Now I gotto go looking at Nitros? EEEWWWWWW......... :)

Stratos

Or Triton.
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