Skip to main content

Wisconsin builders bring back workers

Business has improved for Wisconsin's yacht builders, with many saying they have rehired employees that were laid off during the recession.

Carver Yacht Group has recalled more than 300 people from layoff in the last 12 months - that's practically everyone who worked for the Pulaski-based company when the recession hit, the Milwaukee Journal Sentinel reported.

KCS International Inc., which builds Cruisers and Rampage yachts in Oconto, has recalled about 100 people from layoff.

Burger Boat Co. has employees on layoff. But the company is building two vessels in Manitowoc and it hopes that other orders will come before the boats are finished in the spring and summer, the newspaper said.

Builders have seen their biggest sales gains overseas, especially in Eastern Europe, Japan, Singapore and China. Some of the increases have been tied to a weak U.S. dollar, although yacht builders say the downside to a weak dollar is that they're paying more for engines from Sweden and Germany.

After recent boat shows in Fort Lauderdale and Chicago, the builders say they are encouraged about the U.S. market, according to the article.

Click here for the full article.

Related

1_LIMESTONE

Limestone Secures Financing for Expansion

The company said the $6 million in credit will be used to improve its Tennessee manufacturing facility and buy new equipment.

1_MCKENZIE

Mastry Marine Names Repower Center

St. Augustine, Fla.-based McKenzie Marine is the engine distributor’s latest designated Suzuki Repower Center.

1_VANDERBILT

Vanderbilt Ships First Pontoon

The company said the 700T Series was the first model shipped from its new Fort Wayne, Ind., factory and was delivered to The Marina in Angola, Ind.

1_CHIPS.ACT

NMMA Celebrates CHIPS Act

The legislation aims to return semiconductor manufacturing to the U.S. and allows businesses to deduct R&D costs in the same year they are incurred.

1_COX

Cox Marine Hires Sales and Support Staff

The diesel outboard builder this week brought aboard a new regional sales director, regional sales manager and an aftersales manager.

1_DEALEROUTLOOK

Boating Interests Lose Wind Farm Battle

The Ohio Supreme Court has ruled that a proposed wind farm off the Cleveland, Oh., waterfront meets planning requirements.

1_INFLATION.JULY

July Inflation Data Lags June

Consumer Price Index results may indicate that inflation has peaked, and Producer Price Index data was below market expectations.

1_YAMAHA

Yamaha Posts Higher Sales, Profit

The company’s first half 2022 net sales increased to $1.93 billion, and segment income rose to $330 million.