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Tim Tim is offline
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First recorded activity by BoatBanter: Nov 2006
Posts: 19,107
Default Equity just bought out Bankrupt Genmar

Maybe slowly, but it looks to me like something is going to turn
around.


http://www.businessweek.com/ap/finan.../D9DKN8H01.htm


""It's great to see this partnership promoting so many unique
opportunities," Wood said. "Building the best product and encouraging
increased participation in a sport for all ages have always been our
goals, and we all look forward to a thriving relationship with our new
partner."

Platinum Equity says Randy Hopper will continue to serve as president
of Wood Manufacturing and will oversee production in Flippin of
Ranger, Stratos and Champion boats. Hopper has led Wood for more than
20 years.

The acquisition also includes the Wellcraft, Four Winns and Glastron
boat brands, with factories in Cadillac, Mich., and Murfreesboro,
Tenn."
 
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