DaveS
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- 2004
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The headlines in the Everett Herald Business section today reads "Yacht Builder To Idle 600 Workers".
The following are excerpts from the article. "The Meridian Yachts manufacturing plant will shut down for a month this summer as demand for recreational boats has drifted downward with the slowing economy". "Stephen Wolpert, president of Brunswick Corp's. marine division in the U.S. said the industry is facing challenges not seen in the 20 years since his company began building boats. An uncertain economy, rising inflation, high gas prices, and the housing slump have (among many things) affected consumer confidence and eroded discretionary spending".
"Formerly a Bayliner boat plant, the Arlington facility has made 34 to 58 foot long motor yachts under the Meridian brand since 2002". "The temporary shutdown is being repeated at the dozen or so other fiberglass boat building plants operated by Brunswick".
(FYI - The Meridian Yacht Manufacturing Plant is located in my hometown of Arlington, Wa.)
The following are excerpts from the article. "The Meridian Yachts manufacturing plant will shut down for a month this summer as demand for recreational boats has drifted downward with the slowing economy". "Stephen Wolpert, president of Brunswick Corp's. marine division in the U.S. said the industry is facing challenges not seen in the 20 years since his company began building boats. An uncertain economy, rising inflation, high gas prices, and the housing slump have (among many things) affected consumer confidence and eroded discretionary spending".
"Formerly a Bayliner boat plant, the Arlington facility has made 34 to 58 foot long motor yachts under the Meridian brand since 2002". "The temporary shutdown is being repeated at the dozen or so other fiberglass boat building plants operated by Brunswick".
(FYI - The Meridian Yacht Manufacturing Plant is located in my hometown of Arlington, Wa.)