|
|
|
|
|||||
|
||||||
From: (no name) (no email)
Date: Fri Nov 02 2007 - 10:49:17 EDT
The assets of Pacific Seacraft Corp., the venerable and respected maker of
quality sailboats, have been sold to North Carolina businessman Setphen Brodie.
The assets, including the name, molds, tooling and equipment, and unfinished
hulls went for the knockdown price of $85,000. This is about the cost of a
single Pacific Seacraft sailboat of a couple of years ago.
All the equipment was loaded on 21 tractor trailer trucks for a move to
Washington, NC. Brodie intends to start the company up again and is trying to
convince former workers to move to the east coast. The sale took place at public
auction to pay off some of the 3.2 million dollar debt the company racked up
over the last three years.
Brodie, a former marine archeologist, went to the auction intending to buy
just one boat. He got carried away by the bidding and ended up buying the entire
company. He feels that the Atlantic coast offers a better opportunity for
boat building than the west coast. Boat sales are better, the area has plenty of
experienced boatbuilders, and the cost of living is lower. Being built on the
right coast, the boats should have a change in name but A&P already owned the
name Atlantic and Pacific. For the moment the boats will still be called
Pacific Seacraft.
Larry Z
Larry Z
**************************************
See what's new at
http://www.aol.com
_______________________________________________
http://lists.samurai.com/mailman/listinfo/trawlers-and-trawlering
To unsubscribe or modify your subscription options (get password, change email address, etc) go to: http://lists.samurai.com/mailman/options/trawlers-and-trawlering
Trawlers & Trawlering and T&T are trademarks of Water World
Productions. Unauthorized use is prohibited.
|