New Boats

[JohnB]

Yes Sir kinda scary, went up to Cedar Key a few weeks ago and the Pro Line plant is a ghost town. Also went by the Yellowfin plant on my way back from Surplus Marine in Sarasota, another ghost town. I think I saw two boats being built. Makes my old clunker, paid for SeaCraft look pretty good!!!!

More bad news for Florida...

Quote a local Carolina Newspaper

There is good news for a troubled boat maker. Fountain Powerboats says it will expand and create 411 jobs.

The announcement was made this morning at their Beaufort County plant.

Fountain says it will invest $5.1 million over the next five years. The plant currently employs 75 full-time people.

The company will move two Florida boat lines, Donzi Marine and Pro-Line Boats, to the Washington plant. A news release says the average annual wage for the new jobs will be $35,657, not including benefits.

The expansion is being made possible in part by a $150,000 grant from the One North Carolina Fund.

Fountain is privately owned by Liberty Associates after emerging from bankruptcy earlier this year.