Topic: GENMAR-FLW-TBF

This topic has 2 replies, 2 voices, and was last updated 17 years ago by Bass Cat Boats.

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
June 10, 2009 at 1:56 am #325406

phatestkat
Participant

Has anyone heard what the trickle down will be for the FLW-TBF? My local state prez said the state funds were reduced by half but was not aware of the bankruptcy issue…I am sure they cannot give away a new Ranger every month while in backrupsy.I am sure sponsorships will be tough as well as contingency and reward $. What is the word on the beat?

June 10, 2009 at 2:51 am #325435

Bass Cat Boats
Keymaster

Theres a short bit on bassfan.com that says….”BassFan is hearing that in addition to warranty claims, Genmar has the go-ahead to honor Ranger Cup contingency-money claims. Official confirmation is expected soon. ” They have been updating as they get more info.Jim EbarbMany, LA (Toledo Bend Lake)2004 Cougar/ 225 OptimaxHumminbird Helix 12 Chirp SI on BalzOut Mount at bowLowrance HDS 7 at bowHumminbird Helix 12 Mega SI on Ram Mount at ConsoleLowrance HDS 8 in dash at console

June 10, 2009 at 5:10 am #325467

Bass Cat Boats
Keymaster

The first hearing was less than an hour we understand, and there were plenty of topics covered in that brief session. Presently all this is initial and the long term situation will be unknown for some time. Presently anything out there is tentative and most of the Genmar plants we are aware of were to be closed for at least 30 – 35 days allowing things to catch up. We do not want to speculate on items that would seem to harm our competition with intent. The folks at Flippin are as we have said overall very good people and they are suffering as this develops. The potential outcome of many things are being discussed at industry levels. Though it is all speculation and it is speculation among a very industry aware and savvy group of individuals. It all is in the hands of but a few people and as this unwinds there are many direction it could turn.
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. Login Register