WASHINGTON, N.C. — Fountain Powerboat Industries Inc. has retained investment banker Jacobs Capital to seek a partner that can provide additional capital to support operations during the economic downturn and help finance future growth, according to a release today from Fountain.
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Fountain reported their second quarter results for 2009. The results reflect the seriousness of the current economic climate.
Sales declined steeply and were off almost 40 percent.
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http://www.boating-industry.com/output.cfm?id=2006137
-Chris
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