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Author Topic: Genmar files for Chapter 11 bankruptcy  (Read 597 times)

June 02, 2009, 08:26:56 AM
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Hardwater

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Genmar files for Chapter 11 bankruptcy
« on: June 02, 2009, 08:26:56 AM »
It's been a tough couple of years for the industry and the people who make their livings in related businesses.  Here's a link to the Minneapolis Star Tribune story:

http://www.startribune.com/sports/outdo ... UUycaEacyU

A sidebar story runs through the list of Genmar brands, but only those currently in production.
\'86 222 CCP
\'88 Mercury 200hp Black Max

June 02, 2009, 09:23:11 AM
Reply #1

jdupree

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Re: Genmar files for Chapter 11 bankruptcy
« Reply #1 on: June 02, 2009, 09:23:11 AM »
Don't have much sympathy for them.  Their first mistake was discontinuing the Aquasport line :!:
John L. Dupree, III
1999 Aquasport 245 Explorer - 225 Johnson Ocean Pro
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June 02, 2009, 09:47:07 AM
Reply #2

lynnstrick01

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Re: Genmar files for Chapter 11 bankruptcy
« Reply #2 on: June 02, 2009, 09:47:07 AM »
That is ironic, The article doesnt mention wellcraft, I wonder if they will be affected??

The reason I say this is that I heard just the other day that Wellcraft was considering Reintroducing the aquasport line over the next couple of years.  

Keep in mind the source I heard this from was a private individual who had heard it from a friend of a friend so I am not sure how reliable the info really was. But it was exciting to hear.  

Anybody else hear same thing??
LYNN & RUDY\'S BABY
1986 XF- 250 YAMAHA

June 02, 2009, 03:24:59 PM
Reply #3

Capt. Bob

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Re: Genmar files for Chapter 11 bankruptcy
« Reply #3 on: June 02, 2009, 03:24:59 PM »
Quote from: "lynnstrick01"
That is ironic, The article doesnt mention wellcraft, I wonder if they will be affected??


The article seemed to indicate all boats that fell under the Genmar umbrella. The article listed only a few of the many they make.
As stated in the first post, there is a link to that list on a right hand sidebar at the end of the article.
]
Capt. Bob
1991 210 Walkaround
2018 Yamaha 150 4 Stroke
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