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  1. #13

    Boat builders that made it through the recession

    How many were for sale or still are, and how many went looking for financial help and sold off part to remain open?

    WAAAAAY more survived this recession, specially by percentage of builders that remained compared to folded, than in the mid and late 70s gas crunch. The was pure death to the boat builders.
    Boat builders were not hurt by an economic down turn. They rode a credit wave that allowed people to use their homes like ATM machines, and credit that most people should never have been afforded. The BOOM years BUILT boat companies that other wise would have never been there to start with.
    The joy ride came to an end and things went back to somewhat normalcy. Every Tom, Dick and Harry with a is NOT NORMAL!!
    If they all had to close their doors, they ALL made a shit load of money while it lasted!
    Last edited by HB Vic; 02-16-2014 at 02:17 AM.

 

 

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