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.
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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.
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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.
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