Bankrupt California boat line to move to North Carolina
By IBI Magazine
A North Carolina businessman has bought the assets of the bankrupt Pacific Seacraft Corp, which was based in Fullerton, California. Stephen Brodie told The Log the assets include tooling, moulds and six unfinished hulls. Brodie intends to move them thousands of miles east to North Carolina. "I hope to be in a position in the next few months to start completion of the in-process hulls, and I am hoping to start new-from-scratch boats sometime after the first of the year," Brodie told The Log. "I have been looking for a number of years for a boatbuilding venture, so when this opportunity came along, I took it." Brodie said he would set up new production facilities for Pacific Seacraft boats. Six boats were in the process of being built when the company had been bankrupt. "We have just finalised a deal this morning on a temporary facility in part of a vacant textile mill in North Carolina, where we will be able to finish some of the partially completed hulls I bought at the auction," Brodie said. "We are talking to former Pacific Seacraft dealers and hope to maintain the same network the former owners had in the past."
(11 October 2007)
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