More trouble in New Bern

[LIBERTY]

Hatteras Yachts Laying Off Quarter Of Workforce

Updated: Thu 6:28 PM, Jun 20, 2013

A local boat builder is making more job cuts five months after the last round of cuts.

On Thursday, Hatteras Yachts, based in New Bern, announced it was letting go 25% of its employees.

On January 3rd of this year, the Brunswick Corporation announced 105 employees at the Craven County plant lost their jobs; 75 of the positions were full-time, the other 30 were temporary jobs.

Brunswick Corporation said the move in January was to adjust to market conditions as the company was looking to get out of the sport fishing convertible category and invest more resources in its Sea Ray and Meridian brands.

In November of 2012, Hatters employed 545 people in New Bern.

President John Ward says the latest layoffs were a result of adjusting production. He confirmed the number of hourly workers impacted was around 86 employees.





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[SKYCHENEY]

By those numbers, it looks like another 110 employees will be laid off.

[MicroKap]

...and this is after they consolidated Cabo Yachts into the New Bern facility? I know used boat sales are down also compared to same time last year. Being up here in Monmouth County, NJ (Hurricane Sandy area), we had a guy come into the office last week that wanted to know when the river was going to be opened as there were no boats out in sight. Unfortunately, the river is open to boat traffic.

[Pascal]

Sad. The Chinese have just bought sunseeker this week, after ferretti a year ago I believe. I wonder why hatteras has not been picked up yet

[Artzco]

And Hatteras advertising is almost nothing in the various magazines. If they stay on their current course, the name will just disappear. Very sad. I wish Hatteras could have maintained a line of classic looking boats instead of that Eurocrap style. The new 100' RPH looks like it came from Italy rather than New Bern.

[jim rosenthal]

I think putting the boat building companies on the market in the spring was not such a hot idea. Who would look at a boat built by a company that was for sale? it raises all kinds of concerns about warranty work etc. Not too swift.

Anyway, we'll see. I have not heard anything of anyone stepping up to buy Hatteras and Cabo from Brunswick. A pity, as momentum is being lost.