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Biggest Boating Stories of 2009?

Old 12-30-2009, 12:08 PM
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Default Biggest Boating Stories of 2009?

So with 2009 about to fade away into the past in a couple of days, what were the biggest boating stories of 2009? The recession hit the boating industry hard, so here are a couple of ones that come to mind for me:

-The bankruptcy of Olympic Boat Centers and the purchase by Brunswick.

-The bankruptcy of Boater's World.


What were some other big stories? Any fascinating new products, boats, etc?

Last edited by votrechien; 12-31-2009 at 11:17 AM.
Old 12-30-2009, 12:46 PM
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#1 not related to the economy, many lesson to be learned from the tragedy

http://www.thehulltruth.com/boating-...f-florida.html
Old 12-30-2009, 05:10 PM
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Also not related to the economy but I thought that the largest cruise ship in the world coming to Ft Lauderdale was cool. This thing is pretty impressive with its LOA of 1181 ft and beam of 154 ft. Ultimate cruise ship- http://www.oasisoftheseas.com/
Old 12-30-2009, 05:13 PM
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bayliner was aquired by brunswick?????????????? where the hell u been the last 20 plus years?
Old 12-30-2009, 06:14 PM
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Bertram
Old 12-30-2009, 06:31 PM
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Homesite's top speed?????
Old 12-30-2009, 07:18 PM
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^ Or homesite giving up what props hes running to get that top speed
Old 12-30-2009, 07:48 PM
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Originally Posted by CB Haws View Post
Bertram
I'm a novice still, but I find the threads about the two 630's unjustly comming apart fascinating. It has huge implications for the legacy of Bertram, and the boat building industy at large.
Old 12-30-2009, 08:02 PM
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Am I missing something here on Bayliner?

Anyway, I believe the big stories of 2009 are about the survivors, and maybe the biggest are about builders who managed to keep the doors open every day and every week, struggling as they may but keeping up with orders and parts and warranties. That's big. And then there are the dealers who in spite of two years of negative cash flow are open and looking forward to 2010.
Old 12-30-2009, 08:16 PM
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Originally Posted by Boatdood View Post
Am I missing something here on Bayliner?

Anyway, I believe the big stories of 2009 are about the survivors, and maybe the biggest are about builders who managed to keep the doors open every day and every week, struggling as they may but keeping up with orders and parts and warranties. That's big. And then there are the dealers who in spite of two years of negative cash flow are open and looking forward to 2010.
Both BAYLINER and SEA RAY were purchased by BRUNSWICK in either "86" or "87", I forget which.
The BAYLINER purchase was by far the larger of the two in $$$$.
Old 12-30-2009, 08:19 PM
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century going under
Old 12-30-2009, 08:47 PM
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Mike, both Bayliner and Sea Ray were purchased in 1986. Bayliner was the largest of the two at 440 million or so, but Sea Ray was no slouch either at nearly 300 million. My point when I was asking was I missing something with regard to Bayliner was that it was not 2009 news with regards to the purchase by Brunswick. They were surely news with regard to the number of aged and distressed units left on dealer's yards and floor plans though.
Old 12-31-2009, 01:08 AM
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Originally Posted by Ranger88 View Post
I'm a novice still, but I find the threads about the two 630's unjustly comming apart fascinating. It has huge implications for the legacy of Bertram, and the boat building industy at large.
I agree... will they be able to put it back togather is the $$$$$$$$????
Old 12-31-2009, 03:24 AM
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The three guys rescued after 8 days floating on a capsized boat in the Gulf of Mexico by a private boater after the CG had suspended it's search.
Old 12-31-2009, 05:21 AM
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Originally Posted by Boatdood View Post
Mike, both Bayliner and Sea Ray were purchased in 1986. Bayliner was the largest of the two at 440 million or so, but Sea Ray was no slouch either at nearly 300 million. My point when I was asking was I missing something with regard to Bayliner was that it was not 2009 news with regards to the purchase by Brunswick. They were surely news with regard to the number of aged and distressed units left on dealer's yards and floor plans though.
Sorry Tom,
I misunderstood your post.
Old 12-31-2009, 08:38 AM
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Originally Posted by mike carrigan View Post
Sorry Tom,
I misunderstood your post.
No problem Mike. From an inside the industry standpoint though the big stories to me are about the survivors, and part of that survival revolved around aged and distressed inventory. I've noticed a large portion of the dealers who lost their grip had a far too generous inventory of big cruisers of any brand. The good news is that it seems that inventory is approaching a manageable level and dealer's orders of new product are returning. Another big story is floor plan money, or the lack of it. On top of not being able to move old inventory the dealers were hand cuffed by not being able to stock fresh inventory that could sell and provide cash flow. Gradually that too is easing up a bit. It will be interesting to see what the coming boat show season will bring.
Old 12-31-2009, 11:17 AM
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Sorry all!

I meant the bankruptcy of Olympic Boat Centers (Bayliner's largest distributor on the West Coast) and purchase by Brunswick :-)
Old 12-31-2009, 11:22 AM
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Originally Posted by Boatdood View Post
No problem Mike. From an inside the industry standpoint though the big stories to me are about the survivors, and part of that survival revolved around aged and distressed inventory. I've noticed a large portion of the dealers who lost their grip had a far too generous inventory of big cruisers of any brand. The good news is that it seems that inventory is approaching a manageable level and dealer's orders of new product are returning. Another big story is floor plan money, or the lack of it. On top of not being able to move old inventory the dealers were hand cuffed by not being able to stock fresh inventory that could sell and provide cash flow. Gradually that too is easing up a bit. It will be interesting to see what the coming boat show season will bring.
The floorplan companies have been less than pals.
The retail lenders, banks, have no reason to loan a dime. They've been given a double handful of money by our government, no strings, and make borrowing any of it like unto running a gauntlet.
We've overcome a portion of the problem with a new, internal, flooring program for selected dealers. Retail side though is still a pain in the butt.
Yes, inventories are the lowest I've ever seen.
It's still a wait and see.
Mother PRO-LINE will be on the survivor list. We also enjoy a real good memory as to who was, and who was not, our friends when needed.
What goe's around, comes around. (I just made that up).
Here's another:
"Lord give me the strength not to strangle the living s - - t out of someone who sorely deserves it".
Hey, not directed to any flooring companies, maybe.
Nor banks either, maybe.
Old 12-31-2009, 11:25 AM
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Don't forget the Fountain fiasco.... What's the deal anyway, are they back on their feet?
Old 12-31-2009, 11:38 AM
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Originally Posted by TheReelRemco View Post
Don't forget the Fountain fiasco.... What's the deal anyway, are they back on their feet?
The whole thing has been pretty quiet lately.
Looks like our parent company is now the majority stockholder though, or will be.

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