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#11
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Wayne.B wrote:
On Tue, 8 Jan 2008 21:10:13 -0500, "Eisboch" wrote: "HK" wrote in message ... Except for the job loss, this is hysterical. Florida is not a high-wage state. I guess the good folks in Tennessee are now competing with the Chinese. It saddens me to find that you think this is hysterical. As I said 10 years ago Harry, you are truly a piece of work. Eisboch Harry seems to have some rather deep seated problems with Florida for some reason, possibly related to why he had to leave here. Absurd. I love Florida, and travel there at least twice a year. Went twice last year. When I retire, it will probably be to Hilton Head, the Golden Isles, or North Florida, unless we go to Costa Rica. :} |
#12
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![]() "HK" wrote in message ... SammyJ wrote: "HK" wrote in message ... Gene Kearns wrote: On 1/8/2008 8:32:12 PM, HK wrote: Except for the job loss, this is hysterical. Florida is not a high-wage state. I guess the good folks in Tennessee are now competing with the Chinese. Genmar exits Florida, citing economic conditions The high cost of doing business in Florida is driving out one of the industry’s biggest players. Genmar Holdings today announced plans to phase out its manufacturing operations in Sarasota in the next six months. “Unfortunately, negative manufacturing economic conditions in Florida and the state of Florida’s complete lack of interest in attempting to save these jobs has left Genmar with no other choice than to move such operations out of the state of Florida,” said Genmar chairman and CEO Irwin Jacobs in a statement. He said Genmar, “has diligently attempted to preserve its manufacturing presence in the state of Florida, but it is just too costly compared to the other states where Genmar has existing manufacturing operations.” Product models larger than 25 feet in length for its various sal****er boat brands will relocate out of Sarasota and transfer to other Genmar plants throughout the United States. The change involves three of the company’s 14 boat brands: Hydra-Sport, Wellcraft and Seaswirl. These three brands manufacture a total of 58 models; 19 of them will be affected by the move. Today, 67 percent of Hydra-Sports’ models are manufactured in Murfreesboro, Tenn.; 52 percent of Wellcraft’s models are manufactured in Cadillac, Mich.; and 75 percent of Seaswirl’s models are manufactured in Little Falls, Minn. About 225 employees will be affected by this transition. However, Genmar says its Sarasota employees will earn special incentives during the six-month transitional period. Also, to the extent possible, Genmar’s other plants will offer jobs to several Sarasota employees affected by the shut-down. Genmar says it will continue to retain “a solid and experienced core group” of boat designers, tool builders and other product development personnel, along with its brand sales, customer service and management in Florida, particularly in light of its proximity to this key boating market. “While the above decisions and changes have been very difficult to make, the opportunities created for the affected Genmar’s brands and its other facilities are very significant,” said Jacobs. “We recognize we are entering the beginning of the annual retail boat show selling season and all of our dealers can be assured that supporting them with sales, marketing and product are our first priorities,” Jacobs continued. “The transition referenced above has been carefully planned for a prudent and seamless transition as it relates to our dealers, their customers and our entire organization.” Genmar, with about 4,000 employees and eight manufacturing centers, builds 14 brands of recreational boats. These include Carver, Champion, Four Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab, Seaswirl, Stratos, Triumph, Wellcraft and Windsor Craft. Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? Not me. It sure isn't labor costs. Corporate taxes and property taxes are at all time highs here in Fl. Idiots like you think this is a good thing, obviously it's not. That's how florida avoids personal income taxes. MAybe that is what is biting it in the ass. Brilliant! We'll raise taxes on the workers and then the Corp's will stay! Thanks Hank! |
#13
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On Tue, 08 Jan 2008 20:32:15 -0500, HK wrote:
Genmar exits Florida, citing economic conditions Economics beside the point, I wonder who the next "new" boat manufacturer will be making a Hydra-Sports clone with old Hydra-Sports molds. It's not like that hasn't happened before. :) Speaking of which, I was talking to a Mako rep today. Apparently, Mako has moved out of Florida because of manufacturing problems and are now making their large boats in the old Sea Pro factory in Columbia, SC. I didn't know that. |
#14
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Short Wave Sportfishing wrote:
On Tue, 08 Jan 2008 20:32:15 -0500, HK wrote: Genmar exits Florida, citing economic conditions Economics beside the point, I wonder who the next "new" boat manufacturer will be making a Hydra-Sports clone with old Hydra-Sports molds. It's not like that hasn't happened before. :) Speaking of which, I was talking to a Mako rep today. Apparently, Mako has moved out of Florida because of manufacturing problems and are now making their large boats in the old Sea Pro factory in Columbia, SC. I didn't know that. When I visited Sea Pro, back in the days when it was family owned, the factory was in Newberry. "Manufacturing problems." Now that's interesting. Wonder what that means. |
#15
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On Tue, 08 Jan 2008 22:31:03 -0500, HK wrote:
Short Wave Sportfishing wrote: On Tue, 08 Jan 2008 20:32:15 -0500, HK wrote: Genmar exits Florida, citing economic conditions Economics beside the point, I wonder who the next "new" boat manufacturer will be making a Hydra-Sports clone with old Hydra-Sports molds. It's not like that hasn't happened before. :) Speaking of which, I was talking to a Mako rep today. Apparently, Mako has moved out of Florida because of manufacturing problems and are now making their large boats in the old Sea Pro factory in Columbia, SC. I didn't know that. When I visited Sea Pro, back in the days when it was family owned, the factory was in Newberry. "Manufacturing problems." Now that's interesting. Wonder what that means. Well, the story I heard was that the original Mako was sold several times over and with each sale, the quality went down as owners tried to build cheaper to make money. Eventually, Mako lost it's market share because it's quality declined severely. Before Morris bought the brand, it wasn't producing any boats and to bring the factory up to snuff would have cost more than it was worth. Now the boats are being made with new molds, new techniques and apparently there are some new designs on the boards. The ones on the market now are the result of the older molds - I saw one today that was a lot better than the ones I saw at Bass Pro in Foxboro. I was at the Sea Pro factory this summer - huge plant, all brand new facility. Sea Pro is a good boat for what they are. |
#16
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posted to rec.boats
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Short Wave Sportfishing wrote:
On Tue, 08 Jan 2008 22:31:03 -0500, HK wrote: Short Wave Sportfishing wrote: On Tue, 08 Jan 2008 20:32:15 -0500, HK wrote: Genmar exits Florida, citing economic conditions Economics beside the point, I wonder who the next "new" boat manufacturer will be making a Hydra-Sports clone with old Hydra-Sports molds. It's not like that hasn't happened before. :) Speaking of which, I was talking to a Mako rep today. Apparently, Mako has moved out of Florida because of manufacturing problems and are now making their large boats in the old Sea Pro factory in Columbia, SC. I didn't know that. When I visited Sea Pro, back in the days when it was family owned, the factory was in Newberry. "Manufacturing problems." Now that's interesting. Wonder what that means. Well, the story I heard was that the original Mako was sold several times over and with each sale, the quality went down as owners tried to build cheaper to make money. Eventually, Mako lost it's market share because it's quality declined severely. Before Morris bought the brand, it wasn't producing any boats and to bring the factory up to snuff would have cost more than it was worth. Now the boats are being made with new molds, new techniques and apparently there are some new designs on the boards. The ones on the market now are the result of the older molds - I saw one today that was a lot better than the ones I saw at Bass Pro in Foxboro. I was at the Sea Pro factory this summer - huge plant, all brand new facility. Sea Pro is a good boat for what they are. I thought so. I owned three Sea Pros. |
#17
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On Tue, 08 Jan 2008 22:11:27 -0500, Wayne.B
wrote: On Tue, 8 Jan 2008 20:44:25 -0500, "Gene Kearns" wrote: Anybody know what, "The high cost of doing business in Florida ......" is a euphemism for? My guess is that taxes and insurance are involved in the equation, and quite possibly Genmar was looking for tax incentives from local government and didn't get them. Sarasota is a relatively expensive area with high property values. It might be something as simple as the CEO no longer wanting a home in Florida, which was somehow subsidized by the plant location. When Sears moved HQ from Chicago to Schaumburg there was plenty of gossip the CEO did it to be close to home. And as Don said, local govs are sometimes squeezed for concessions for the jobs. --Vic |
#18
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On Jan 8, 10:10*pm, Vic Smith wrote:
When Sears moved HQ from Chicago to Schaumburg there was plenty of gossip the CEO did it to be close to home. vic, I wish our glorious goveernor would take heed instead of flying a State jet back and forth from Springfield to the 'burbs. just cause he "wants to be home". Fully staffed governors mansion, and nobody home. excellent savings to the tax payer! |
#19
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On Tue, 8 Jan 2008 20:43:31 -0800 (PST), Tim
wrote: On Jan 8, 10:10*pm, Vic Smith wrote: When Sears moved HQ from Chicago to Schaumburg there was plenty of gossip the CEO did it to be close to home. vic, I wish our glorious goveernor would take heed instead of flying a State jet back and forth from Springfield to the 'burbs. just cause he "wants to be home". Fully staffed governors mansion, and nobody home. excellent savings to the tax payer! Agreed. But there's way too much travel on them flying contraptions anyway. A girl I worked with was flying someplace every weekend. People are nuts. --Vic |
#20
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On Tue, 08 Jan 2008 22:10:14 -0600, Vic Smith
wrote: When Sears moved HQ from Chicago to Schaumburg there was plenty of gossip the CEO did it to be close to home. There have certainly been lots of NY corporations that moved to Greenwich and Stamford, CT for that reason. I think it's less likely in Genmar's case. Sarasota is a pretty good place to live even if it's not a good place to manufacture. |
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