Hunter declares Chpt 11 BK - Page 2 - SailNet Community
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post #11 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

The middle class has been disseminated? Where to?

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post #12 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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If they are good boat builders, why people don't buy their boats.

I am just sayin'
The best builders aren't always the best businessmen.

Unfortunately the reverse is also true.

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post #13 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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The middle class has been disseminated? Where to?
I think she meant decimated

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post #14 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

It seems their persistant eye toward value with the veneered bulkheads, cored hulls, etc turned out to be a false economy. It's a bummer because even though there was a focus on cheaper/more efficient building, it still seemed they were beginning to gain some momentum in recovering from the quality issues of the past decades.

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post #15 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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That sucks.

I guess it is the survival of the fittest. Either you adapt and evolve, or perish. Like the seas, the new world has no mercy. Our country can't manufacture any more. It is a dangerous time we are in.
Really? I work at a manufacturing company! Yep we export to China... we CAN compete.. and I have to tell you the company I work for has full paid medical, profit sharing, and 401k.

The problem, frankly is the "old way of doing business" doesn't work anymore. Our company is 30 years old... we've just doubled the size of our company (again) during a recession (because it's cheaper to do so then).

Opinion: What needs to happen is government needs to get out of business. You ought to see the hoops we had to jump through for our "new buildings." Between, EPA, IRS, Government action committees, we had more politicals walking around than the average primary voting area in the inner city of a blue state! Now we're under the magnifying glass of all these agencies because we should not be making money! No problems in this country. Big business is evil you know.

Am betting building BOATS is considered second kin to making lithium batteries as far as the EPA thinks. Long live Hunter (and no I don't own one, but darnit, I hope they live forever, against all odds).
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post #16 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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It seems their persistant eye toward value with the veneered bulkheads, cored hulls, etc turned out to be a false economy. It's a bummer because even though there was a focus on cheaper/more efficient building, it still seemed they were beginning to gain some momentum in recovering from the quality issues of the past decades.
The sailboat group is holding its own. It's the power boat groups that have pulled the company under. Fuel costs have got to be killing that side of the industry.
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post #17 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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The sailboat group is holding its own. It's the power boat groups that have pulled the company under. Fuel costs have got to be killing that side of the industry.
Oh yeah....when you pull that big stinkpot up to the marina pump and it's $750+ to fill her up......


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post #18 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Oh yeah....when you pull that big stinkpot up to the marina pump and it's $750+ to fill her up......
Power boat guys love it when you tell them how you spent less on fuel for the season than they did warming up at the dock.

Seriously I hope we turn the corner on this soon...

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post #19 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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The sailboat group is holding its own. It's the power boat groups that have pulled the company under.
Oh, that's a completely different animal. I have no issue with that at all!
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post #20 of 80 Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

Just to clarify for Mel, you don't sell 6 figure new boats to the middle class. Never did.

Upper middle at the least, even the mass affluent. Ironically, these folks are still working and have wealth. They just won't spend it on boats, with all the constant fear.
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