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

Yep, a good fire is a great way to get rid of obsolete moulds or ones
that are damaged and show star crazing in the finished boat.


You mean obsolete molds like the new ones that burned?
Good one, Ozzy. Top of the class....right along with Loco.

RB

Yep, even new mould can be obsolete designs.
Just how many hulls do you think you can pull out of each mould before
it no longer produces a good finish?


NEW hull molds burned. The boats that came out of them are still commanding
heavy prices today and compete well with the new C&Cs. But they were obsolete,
right. Boats like the mid 90's 36XL might have kept C&C alive.
Now you're at the HEAD of the class!

RB

Loco's new math. Most = 2???

LOL...................... Maybe you should go back to school. I said
population less most = 2. What a dufas.
S/V Express 30 "Ringmaster"
"Trains are a winter sport"

LOL...................... How do you figure nitwit? You don't know what my
house in the third world country is worth.


Bwahahaha!

RB

and poor resale value!

Well, ole Steve just got his asking price. And it was ABOVE book!!!!!!!


Yup and I sold a lot of oars. Did you think only you and steve were suckers?

RB

Which collectively says exactly nothing in regards to resale value.

****, well then "collectively" what does it say? LOL
,..........................
S/V Express 30 "Ringmaster"
"Trains are a winter sport"

Ahhhh Bubbles, with a crystal ball they might have seen a gullible
public that would regard their boats as desireable in a climate that
was changing from heavy long keeled yachts to the modern fin keelers.


yeah, those heavy full keeled C&Cs...exactly.

RB

Oz,

New Yorkers call those Massive Fire in commercial plants, "Jewish
Lightning" for the Shyster Lawyers that go after a % of the insurance
money.

OT

Huh, I haven't noticed any "full keeled" C&Cs, that's why I didn't
mention them!


They're the ones with the galvanized hardware and rigging.

Like the bevy of C&C's Loco sailed with no integrated handholds.

RB