bankruptcy

It would appear that Mastercraft is poised to pick up the assets of Hydra-Sports. It should make for an interesting combo. I would imagine more brands from Genmar's stable are also about to find new homes and owners as well. Here is a link to the original article. :)...

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... :( http://www.boating-industry.com/output.cfm?id=2268487 Here's another article...

Marine Propeller Manufacturer, Michigan Wheel Corp, has filed for chapter 11 bankruptcy protection. The company expects to be purchased by Michigan Investment firm, The Anderson Group LLC and intends to maintain it's current name and operations. Link to full article below...

Ritz Camera Centers Inc. the parent company of Boater's World, has filed for chapter 11 bankruptcy protection. Ritz operates approximately 130 Boater's World Marine Center locations. Link to full articles below. http://uk.reuters.com/article/marketsNewsUS/idUKN2332434320090223...