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North River Boats still in business after investigation - Trade Only Today

North River Boats still in business after investigation

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Contrary to reports, North River Boats, in Roseburg, Ore., is up and running.

They're in business after a three-week shutdown last April when an FBI investigation of alleged fraud by owner Brian Brush was first announced.

Brush has since been charged with murder and is awaiting trial in the Pacific County jail in South Bend, Wash., The News-Review newspaper reports.

The company is in receivership and John Mitchell Inc. became the court-appointed receiver after the Bank of the Cascades of Bend filed a lawsuit against North River because loan payments were not being made.

"I think a lot of people think we're not in business," said John Mitchell, whose job is to "operate the company."

"But we have enough commercial boat orders to operate at the level that we're at through 2010," he told the newspaper.

North River Boats sent out a letter in December saying it would be represented through independent boat dealers at upcoming boat shows in Portland, Seattle, Sacramento, Eugene, Roseburg and Spokane.

North River presently has contracts to build 94 18-foot boats for the U.S. Coast Guard, several boats for the U.S. Navy, five for the Panama Canal Authority and a boat for the U.S. Marine Corp.

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