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post #4 of Old 02-17-2009
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Well I can speak for Beneteau on this one a little. They are in a very VERY strong cash position. Being the largest boat builder in the world they are going to be staying. Like all however, I know they've done a few layoffs due to the slow business but I was at the Miami boat show this last weekend and saw them selling boats. What some people realize about Beneteau is that their position in the world market is so strong by leveraging their engineering and manufacturing facilities between Beneteau, Lagoon and Jeanneau. This keeps them pretty efficient. But as for all - the next 2 years are going to hurt. I was in the State of the Industry presentation by Cruising World magazine last week at the Miami Strictly sail. The numbers are way down ... but ... they are not completely stopped.
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