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Correction: Apex Inflatables

A story in the Jan. 19 edition of Trade Only Today may have misled readers regarding the status of Apex Inflatables. Apex is not filing for bankruptcy.

"We did well in 2009 despite the worldwide economic crisis that we all felt," the company said in a statement. "The reason being our continuous focusing on quality as well as institutional business. We may be the only boat company that did not let go any employees."

Apex officials said the company has been working overtime since November, recently invested in new tooling and has secured an "even bigger and better space" at the upcoming Miami International Boat Show.

We regret any confusion that may have been caused by the original story.

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