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#1
posted to rec.boats
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Baja Boats Kaput?
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. |
#2
posted to rec.boats
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Baja Boats Kaput?
"HK" wrote in message . .. 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. Your post prompted a question in my mind as to the number of US boat manufacturers. This link has a list of many .... both past and present .... but does not include all. http://www.iboats.com/b/ I didn't count them all, but I estimated close to 3,000 listed just at this source. I wonder how that compares to the automotive industry and the number of different car manufacturers. Eisboch |
#3
posted to rec.boats
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Baja Boats Kaput?
On Apr 8, 3:37*pm, "Eisboch" wrote:
"HK" wrote in message . .. 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. Your post prompted a question in my mind as to the number of US boat manufacturers. This link has a list of many .... both past and present .... but does not include all. http://www.iboats.com/b/ I didn't count them all, but I estimated close to 3,000 listed just at this source. I wonder how that compares to the automotive industry and the number of different car manufacturers. Eisboch Richard, before ww2 there were about 10,000 registered auto manufacturers in the US. Some of them only made one car Even Briggs & Stratton, made a buckboard type motorized wagon. |
#4
posted to rec.boats
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Baja Boats Kaput?
"Tim" wrote in message ... On Apr 8, 3:37 pm, "Eisboch" wrote: I didn't count them all, but I estimated close to 3,000 listed just at this source. I wonder how that compares to the automotive industry and the number of different car manufacturers. Eisboch Richard, before ww2 there were about 10,000 registered auto manufacturers in the US. Some of them only made one car Even Briggs & Stratton, made a buckboard type motorized wagon. ------------------------------- That's an amazing statistic. Eisboch |
#5
posted to rec.boats
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Baja Boats Kaput?
On Apr 8, 4:19*pm, "Eisboch" wrote:
"Tim" wrote in message ... On Apr 8, 3:37 pm, "Eisboch" wrote: I didn't count them all, but I estimated close to 3,000 listed just at this source. I wonder how that compares to the automotive industry and the number of different car manufacturers. Eisboch Richard, before ww2 there were about 10,000 registered auto manufacturers in the US. Some of them only made one car Even Briggs & Stratton, made a buckboard type motorized wagon. ------------------------------- That's an amazing statistic. Eisboch I used to have a book I bought int heearly '70's that was the "American Automobile Encyclopedia" Dang, I loaned it out to a friend and in a couple months it was cooked in his house fire. I've never seen another like it. It was an amazing book with lots of pics and stats in it. |
#6
posted to rec.boats
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Baja Boats Kaput?
On Tue, 08 Apr 2008 18:08:21 -0700, Tim wrote:
On Apr 8, 4:19*pm, "Eisboch" wrote: "Tim" wrote in message ... On Apr 8, 3:37 pm, "Eisboch" wrote: I didn't count them all, but I estimated close to 3,000 listed just at this source. I wonder how that compares to the automotive industry and the number of different car manufacturers. Eisboch Richard, before ww2 there were about 10,000 registered auto manufacturers in the US. Some of them only made one car Even Briggs & Stratton, made a buckboard type motorized wagon. ------------------------------- That's an amazing statistic. Eisboch I used to have a book I bought int heearly '70's that was the "American Automobile Encyclopedia" Dang, I loaned it out to a friend and in a couple months it was cooked in his house fire. I've never seen another like it. It was an amazing book with lots of pics and stats in it. I also have that book (wife reassures me it's still here anyhow). The photos are of the finest quality for the time on clay paper like many magazines. You are correct, as it has one of the most complete historic accounting of automobiles in America up to the time of the Mussel cars. I met a fellow that was working on a reproduction of a curved dash Oldsmobile in St.Pete years ago. He had never seen the medallion on the side of one. I took the book to him so he could copy the life size medallion to have one made for the reproduction that was powered with I believe a Briggs engine at the time. I believe he was doing upholstery and top work on it at the time. Not sure if he was the owner. He owned a business that had large metric bolts that couldn't be found any place locally and saved my ass on the job I was finishing up. Saved a local company air freight charges for four large bolts. I think the bolts were around 22mm in dia. that's not the hex head size either. This may well be the car here with the red and gold medallions on each side. It's located in the right part of the state if you are familiar with the history of Oldsmar, Florida. Thanks for the memory! Watch wrap. http://images.google.com/imgres?imgu... Den%26sa%3DG |
#7
posted to rec.boats
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Baja Boats Kaput?
On Apr 8, 9:08*pm, Tim wrote:
On Apr 8, 4:19*pm, "Eisboch" wrote: "Tim" wrote in message ... On Apr 8, 3:37 pm, "Eisboch" wrote: I didn't count them all, but I estimated close to 3,000 listed just at this source. I wonder how that compares to the automotive industry and the number of different car manufacturers. Eisboch Richard, before ww2 there were about 10,000 registered auto manufacturers in the US. Some of them only made one car Even Briggs & Stratton, made a buckboard type motorized wagon. ------------------------------- That's an amazing statistic. Eisboch I used to have a book I bought int heearly '70's that was the "American Automobile Encyclopedia" *Dang, I loaned it out to a friend and in a couple months it was cooked in his house fire. *I've never seen another like it. It was an amazing book with lots of pics and stats in it.- Hide quoted text - - Show quoted text - My father was a Ford man, and growing up in a family of gearheads, I was one, too. When I was in grade school every library day I studied about Henry Ford. The more I learned the more my fascination made me read more about him. A true visionary and one who had some eclectic ideas that were ahead of his time. Did you know that he invented charcoal briquettes? His seats had oak frames and he didn't like having waste, so he came up with the process around 1920. BBQ grill and Ford charcoal was available at Ford dealerships! http://www.grillershallofflame.com/i...coal_grill.jpg http://tinyurl.com/3ntljy |
#8
posted to rec.boats
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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. |
#9
posted to rec.boats
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Baja Boats Kaput?
On Apr 8, 2:46*pm, HK wrote:
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. Well, at least they employees are getting a severance. I may be wrong, but If I rememebr correctly when Mariah in W. Frankfurt IL closed its doors, I think the employees got a final paycheck and that was it. |
#10
posted to rec.boats
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Baja Boats Kaput?
Tim wrote:
On Apr 8, 2:46 pm, HK wrote: 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. Well, at least they employees are getting a severance. I may be wrong, but If I rememebr correctly when Mariah in W. Frankfurt IL closed its doors, I think the employees got a final paycheck and that was it. I feel for American workers who gave their all for the corporation and in the end got screwed by it in losing their jobs, or their health care, or their pensions. To me, a shareholders' equity in a corporation is worth only a small time fraction of a longtime worker's "sweat equity." Capital is not worth more than labor. Capital is only money; labor is life. |
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