Skip to main content
Updated:
Original:

Financing costs SkipperLiner workers their jobs

A deal that would have financed the construction of two boats at SkipperLiner Industries Inc. fell through, sending about 20 workers back home.

About half of the company's workers were called back Monday to the idled boatbuilding facility to finish work on the boats, which was expected to take until the end of October. But the workers were told financing fell apart when they arrived at work Thursday morning, the LaCrosse Tribune reports.

"The deal fell apart, so we had to send the employees home today," said court-appointed receiver James McNeilly. He declined to say why the financing failed.

The financially troubled boatbuilding firm shut down April 30. That also was the day SkipperLiner filed for Chapter 128 receivership in La Crosse County Circuit Court.

Click here for the full article.

Related

Battle on the Great Lakes Rages On

The Icebreaker Wind Turbine Development faces strong headwinds from boating and fishing groups.

Limestone Boat Co. Expands Dealer Network

The company adds four new dealers to its roster, with three to represent Aquasport Boats.

NMEA Announces ‘22 Training Course Schedule

For next year, marine training courses will be offered as virtual and in-person sessions for basic marine electronics installers, and in-person only for advanced installers.

GM Invests $150M in Electric Boat Start-Up

General Motors has acquired a 25-percent stake in Pure Watercraft, a Seattle-based e-propulsion outfit.

Patrick Acquires Marine and RV Seating Maker

The Elkhart, Ind.-based component manufacturer finalized its purchase of Williamsburg Marine and Williamsburg Furniture.

Dealers: Tell Us Your 2022 Retail Outlook

Our monthly Pulse Report survey asks dealers for their outlooks on 2022 retail sales.