A rather interesting development!
Hustler Powerboats is reportedly in negotiations to purchase the assets of Fountain Powerboats and in turn Baja as well. :thumb:
The following message was posted on Hustler's home website, as well as on their Facebook page.
"Hustler Powerboats is currently...
WASHINGTON, N.C. — Fountain Powerboats filed for Chapter 11 bankruptcy protection today, according to U.S. Bankruptcy Court documents from the Eastern District of North Carolina.
Link to full article below... :(
Here's another article...
"Doc Holiday" posted a little hint on OSO about Baja returning to Ohio again.
What do you guys think?
Is DS up to something? :)
Here's a link to Doc's thread on OSO.
I've got something neat that I think you'll enjoy, it's a 1991 Baja Brochure. :)
One of the neat aspects of this brochure is that it includes a bit of a bio on the history of Baja which some of our Baja Fans might be interested to read.
And given the fact that Doug Smith has now...
There has been a lot of twists and turns recently with Fountain. Most recently of note, they purchased the assets of Baja from Brunswick.
For their fourth quarter 2008 results they are reporting a net profit of $258,305 dollars on more or less flat gross sales of 20.7 Million.
Not too bad...
A rather interesting article and turn of events...
Fountain Powerboats has secured a grant from the State of North Carolina on the heels of the acquisition of Baja.
The State grant is intended to help Fountain create 250 additional jobs over the next five years.
Link to full article here