Called Hatteras (?)

[zigzag930]

For what it's worth:


https://www.newbernsj.com/news/recent-layoffs-at-hatteras-yachts-in-new-bern-affects-about-80-workers/article_10e03e7b-e920-58d1-a771-685aa2237d17.html#

[rsmith]

It’s only the beginning I asked at the Lauderdale show what Hatteras status was and I got some bs that they were going to start on some GT series in the spring but I don’t think it was ever the plan to keep Hatt up and running. They just wanted the real estate and the manufacturing plant. I’m sure there’s a lot more profit in bass boats than Hatterases. I remember 93 S&L debacle along with the luxury tax on boats killed Bertram and a bunch of other boat mfg. Hatteras barely survived then. After 911 then 08 I always thought Hatteras was a survivor but I guess no one loves forever

[Cricket]

Think you're correct on your thoughts regarding the real plan with buying "Hatteras", probably received some state grants as part of the "promise" to keep it going. Looking back the tell was when they destroyed all the molds and especially when they crushed the almost brand new molds for the GT's.

[brettportzer]

They did a pretty crazy restoration job on Knit Wits though, and said there is a bunch of stuff in store for Hatteras upcoming in that video.

Any thoughts on that?

[Cricket]

My thought is they bought Hatteras over 3 years ago and have basically delivered no new boats except the ones that had already been started. At the 2022 Palm Beach show they borrowed a 2 or 3 year old boat from an owner to have something there, don't remember them being there in 2023. This year for Lauderdale they rolled out Knit Wits with another redo, been there done that a bunch of times. Today's development timetable for new boat models is much shorter than the heydays of Hatteras with CAD, CNC mold making, etc. Where's the product, where's the photos/video of boats in various stages of production? Albemarle just rolled out a 53 sportfish, did take them 2 years, but they pumped out progress photos/video the whole time. Viking is basically sold out for 2 years, all the custom sportfish builders are pretty much booked for years too. The only big boat production sportfish builder with a decent product is Viking so there should be room for another one.....

[jim rosenthal]

Given the thriving business in big convertibles, you would think Hatteras would get in on the action. But everything I've heard for 2-3 years has been grim. I hope they can get their act together, but at this point I'm not holding my breath. I hope I'm wrong.