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Genmar quits Florida for cheaper labor
"HK" wrote in message ... Gene Kearns wrote: On 1/8/2008 8:32:12 PM, HK wrote: 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 snip.. 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. Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? Not me. It sure isn't labor costs. Up here it would mean the province didn't cave in to demands for lower corporate taxes and/or gov't grants. |
Genmar quits Florida for cheaper labor
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. |
Genmar quits Florida for cheaper labor
Gene Kearns wrote:
On 1/8/2008 8:32:12 PM, HK wrote: 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. Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? Not me. It sure isn't labor costs. |
Genmar quits Florida for cheaper labor
"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. It saddens me to find that you think this is hysterical. As I said 10 years ago Harry, you are truly a piece of work. Eisboch |
Genmar quits Florida for cheaper labor
Eisboch wrote:
"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. It saddens me to find that you think this is hysterical. As I said 10 years ago Harry, you are truly a piece of work. Eisboch As I stated, "except for the job loss..." I find it hysterical that the *corporation* is leaving a low cost of manufacture state to find what, the bottom? If there is a lesson here, it is *never ever* put your trust in a big corporate employer...they'll screw you every time. But that's what modern big corporations do, right? |
Genmar quits Florida for cheaper labor
"HK" wrote in message ... Gene Kearns wrote: On 1/8/2008 8:32:12 PM, HK wrote: 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. Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? Not me. It sure isn't labor costs. Corporate taxes and property taxes are at all time highs here in Fl. Idiots like you think this is a good thing, obviously it's not. |
Genmar quits Florida for cheaper labor
On Tue, 8 Jan 2008 20:44:25 -0500, "Gene Kearns"
wrote: Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? My guess is that taxes and insurance are involved in the equation, and quite possibly Genmar was looking for tax incentives from local government and didn't get them. Sarasota is a relatively expensive area with high property values. |
Genmar quits Florida for cheaper labor
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. |
Genmar quits Florida for cheaper labor
SammyJ wrote:
"HK" wrote in message ... Gene Kearns wrote: On 1/8/2008 8:32:12 PM, HK wrote: 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. Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? Not me. It sure isn't labor costs. Corporate taxes and property taxes are at all time highs here in Fl. Idiots like you think this is a good thing, obviously it's not. That's how florida avoids personal income taxes. MAybe that is what is biting it in the ass. |
Genmar quits Florida for cheaper labor
On Tue, 8 Jan 2008 21:10:13 -0500, "Eisboch" wrote:
"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. It saddens me to find that you think this is hysterical. As I said 10 years ago Harry, you are truly a piece of work. Eisboch Harry seems to have some rather deep seated problems with Florida for some reason, possibly related to why he had to leave here. |
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