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Hi gang, Rick Ostler from North American Waterway bringing you Bayliner Boats along with news and views from the boating industry. Jim Walsh and Peter Delisle of Chemsford, Ontario “rolled up the rim” to win Bayliner Bowrider Boats, a grand prize in this year’s Tim Hortons Rrroll Up The Rrrim To Win contest.
“Having a grand prize winner at our stores creates a lot of excitement,” said Randy Annett, Tim Hortons store owner, in a news release. “People are happy when they win a donut or a coffee, so you can imagine how thrilling it is when a customer becomes the proud owner of a boat or other grand prize. It’s a wonderful way to reward our loyal customers.”
Both winners bought their winning cup at stores owned by Annett. The boats were supplied by Sudbury Cycle and Marine.
David Girard won a boat in Hearst earlier this year and customers in Timmins and Sault Ste. Marie won Toyota Matrix vehicles, which makes five major prize winners in northern Ontario.
During the contest, customers who buy a medium, large or extra-large hot beverage at Tim Hortons have the chance to win one of over 31 million prizes.
This year’s prizes included 35 Toyota 2009 Matrix XR AWD, 100 Bayliner boat packages, 5,000 Garmin GPS navigation devices, 20,000 $50 Tim Cards and over 31 million food prizes. Winner counts can be found at participating Tim Hortons locations or at rolluptherimtowin.com.
Thanks to www.northernlife.ca for this.
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Rick Ostler, North American Waterway
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Showing posts with label boat dealers. Show all posts
Showing posts with label boat dealers. Show all posts
Friday, June 27, 2008
Bayliner Boats - Brunswick is Restructuring to Meet Boat Industry Needs
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Hi gang, Rick Ostler here bringing you Bayliner Boats along with news and views from the boating industry. Brunswick Announces Plan to Resize in Line With Smaller U.S. Marine Market and Reduce Fixed Costs by $300 Million.
Brunswick Corporation (NYSE: BC) who manufactures Bayliner Boats announced a set of comprehensive actions to resize the company to improve profitability during the current downturn in the U.S. marine market, including actions to reduce its fixed-cost structure by $300 million versus 2007 spending levels.
"For the past several years, we have been implementing initiatives to fundamentally change our cost structure by reducing our manufacturing footprint, and leveraging purchases of common components and materials across our brands and operations," explained Dustan E. McCoy, Brunswick’s chairman and chief executive officer. "In addition, we have addressed the prolonged downturn in the U.S. marine market by continually reducing production rates throughout our marine businesses, divesting under-utilized assets, exiting or divesting certain businesses, eliminating discretionary spending and reducing headcount. While these efforts have resulted in significant savings, the realities of the current U.S. marine market have caused us to step up the pace and magnitude of these efforts."
"Retail unit sales of power boats in the United States have been in decline since late 2005; however, the rate of decline has been accelerating," McCoy added. "Industry retail unit sales were down 13 percent in the fourth quarter of 2007 and down 21 percent in the first quarter of 2008 compared with the respective year-ago quarters. Further, these reductions were recorded off of an already low base. Total unit sales of power boats in the United States in 2007 were at their lowest in more than 40 years."
"An uncertain economy, high fuel and food prices, slumping home sales and values, rising unemployment and other factors continue to erode U.S. consumers’ confidence and are reducing their ability and desire to purchase discretionary items such as boats, and billiards tables and fitness equipment for their homes," McCoy explained. "For our planning purposes, we are not assuming that these pressures will abate any time soon. As a result, we are planning for an environment in which the U.S. marine market will be smaller in the near term, and we will resize our company accordingly. Our objective is to thrive and prosper while the U.S. marine market remains under pressure and to outperform when we see a rebound in demand."
Cost Savings Efforts
Brunswick stated that its $300 million cost savings target will be achieved in part by further shrinking its North American manufacturing footprint. The company plans to have 17 or fewer boat plants by the end of 2009, compared with the 29 it had in 2007. This will require the closure of four plants in addition to eight plant closures already completed or announced. Brunswick will also continue its efforts to reduce the complexity of its operations, including reducing the number of models and option packages, focusing on those that are popular and clearly resonate with consumers. The company’s efforts also entail assessing the outlook for continued participation in certain market segments across its operations that may not offer opportunities to generate acceptable levels of profitability.
The company said it will further reduce costs by implementing a new matrix operating model that will more efficiently provide common support functions and administrative services across all Brunswick business units, lowering spending in all functional and operations activities, and reducing its work force.
Going Forward
"These obviously are hard decisions, dictated by a difficult economy that has both constricted and altered the U.S. marine market," McCoy said. "We have chosen to act now to recast and resize our operations with the objective of being profitable within a smaller marine market. We are confident that these targeted savings and other changes are realistic and achievable, as well as necessary, to create a leaner organization that will be able to both prosper within these market conditions, as well as take advantage of any uptick in demand."
"Our immediate focus remains on managing pipeline inventories at our marine dealers, as well as enhancing our solid liquidity at Brunswick," McCoy said. "We will continue to produce at rates below retail demand to lower pipeline inventories. A reduction in production rates also results, unfortunately, in the need for fewer workers." The company said that it had notified employees today that it would be reducing its hourly and salaried work force at certain of its marine plants by 1,000. Further work force reductions of approximately 1,000 hourly and 700 salaried employees across the company’s marine business units and staff functions are contemplated as additional plant closures and consolidations and other cost-cutting measures are completed.
"Maintaining liquidity will continue to be a key priority in these uncertain times," McCoy added. "We are focusing on generating cash through good working capital management, paring inventories and discretionary spending. Our balance sheet is solid, and we expect to generate positive cash flow benefits in 2008 by further reducing capital spending and from positive contributions from changes in working capital."
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Be sure to check out this weeks latest Bayliner Boat Videos Here:
Rick Ostler, North American Waterway
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Hi gang, Rick Ostler here bringing you Bayliner Boats along with news and views from the boating industry. Brunswick Announces Plan to Resize in Line With Smaller U.S. Marine Market and Reduce Fixed Costs by $300 Million.
Brunswick Corporation (NYSE: BC) who manufactures Bayliner Boats announced a set of comprehensive actions to resize the company to improve profitability during the current downturn in the U.S. marine market, including actions to reduce its fixed-cost structure by $300 million versus 2007 spending levels.
"For the past several years, we have been implementing initiatives to fundamentally change our cost structure by reducing our manufacturing footprint, and leveraging purchases of common components and materials across our brands and operations," explained Dustan E. McCoy, Brunswick’s chairman and chief executive officer. "In addition, we have addressed the prolonged downturn in the U.S. marine market by continually reducing production rates throughout our marine businesses, divesting under-utilized assets, exiting or divesting certain businesses, eliminating discretionary spending and reducing headcount. While these efforts have resulted in significant savings, the realities of the current U.S. marine market have caused us to step up the pace and magnitude of these efforts."
"Retail unit sales of power boats in the United States have been in decline since late 2005; however, the rate of decline has been accelerating," McCoy added. "Industry retail unit sales were down 13 percent in the fourth quarter of 2007 and down 21 percent in the first quarter of 2008 compared with the respective year-ago quarters. Further, these reductions were recorded off of an already low base. Total unit sales of power boats in the United States in 2007 were at their lowest in more than 40 years."
"An uncertain economy, high fuel and food prices, slumping home sales and values, rising unemployment and other factors continue to erode U.S. consumers’ confidence and are reducing their ability and desire to purchase discretionary items such as boats, and billiards tables and fitness equipment for their homes," McCoy explained. "For our planning purposes, we are not assuming that these pressures will abate any time soon. As a result, we are planning for an environment in which the U.S. marine market will be smaller in the near term, and we will resize our company accordingly. Our objective is to thrive and prosper while the U.S. marine market remains under pressure and to outperform when we see a rebound in demand."
Cost Savings Efforts
Brunswick stated that its $300 million cost savings target will be achieved in part by further shrinking its North American manufacturing footprint. The company plans to have 17 or fewer boat plants by the end of 2009, compared with the 29 it had in 2007. This will require the closure of four plants in addition to eight plant closures already completed or announced. Brunswick will also continue its efforts to reduce the complexity of its operations, including reducing the number of models and option packages, focusing on those that are popular and clearly resonate with consumers. The company’s efforts also entail assessing the outlook for continued participation in certain market segments across its operations that may not offer opportunities to generate acceptable levels of profitability.
The company said it will further reduce costs by implementing a new matrix operating model that will more efficiently provide common support functions and administrative services across all Brunswick business units, lowering spending in all functional and operations activities, and reducing its work force.
Going Forward
"These obviously are hard decisions, dictated by a difficult economy that has both constricted and altered the U.S. marine market," McCoy said. "We have chosen to act now to recast and resize our operations with the objective of being profitable within a smaller marine market. We are confident that these targeted savings and other changes are realistic and achievable, as well as necessary, to create a leaner organization that will be able to both prosper within these market conditions, as well as take advantage of any uptick in demand."
"Our immediate focus remains on managing pipeline inventories at our marine dealers, as well as enhancing our solid liquidity at Brunswick," McCoy said. "We will continue to produce at rates below retail demand to lower pipeline inventories. A reduction in production rates also results, unfortunately, in the need for fewer workers." The company said that it had notified employees today that it would be reducing its hourly and salaried work force at certain of its marine plants by 1,000. Further work force reductions of approximately 1,000 hourly and 700 salaried employees across the company’s marine business units and staff functions are contemplated as additional plant closures and consolidations and other cost-cutting measures are completed.
"Maintaining liquidity will continue to be a key priority in these uncertain times," McCoy added. "We are focusing on generating cash through good working capital management, paring inventories and discretionary spending. Our balance sheet is solid, and we expect to generate positive cash flow benefits in 2008 by further reducing capital spending and from positive contributions from changes in working capital."
About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Teignbridge propellers; MotoTron electronic controls; Albemarle, Arvor, Bayliner, Bermuda, Boston Whaler, Cabo Yachts, Crestliner, Cypress Cay, Harris, Hatteras, Kayot, Lowe, Lund, Maxum, Meridian, Ornvik, Princecraft, Quicksilver, Rayglass, Savage, Sea Ray, Sealine, Triton, Trophy, Uttern and Valiant boats; Attwood marine parts and accessories; Land ’N’ Sea, Kellogg Marine, Diversified Marine and Benrock parts and accessories distributors; IDS dealer management systems; Life Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick bowling centers, equipment and consumer products; Brunswick billiards tables; and Dynamo, Tornado and Valley pool tables, Air Hockey and foosball tables. For more information, visit http://www.brunswick.com.
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Rick Ostler, North American Waterway
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Wednesday, May 21, 2008
Bayliner Boats - Employment Opportunity
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Hi gang, Rick Ostler here bringing you Bayliner Boats along with news and views from the boating industry.
North National Outdoor Group - Employment Opportunity
North National Outdoor Group, a distributor of premium marine & surf products, is expanding its customer service and inside sales department and is seeking a highly motivated candidate to fill this position. This position is based in our Mississauga, Ontario location.
The successful candidate will implement call strategies to the current account base to maintain stock levels while also building relationships with new vendors. The candidate must have good people skills, communication skills, be organized, have a good understanding of selling and servicing accounts and have the ability to work with the customer service and sales departments.
Qualifications:
• Fluent in French an asset
• 2+ years of sales and or customer service experience
• Exceptional verbal and written communication skills
• Working knowledge of Word, Excel and Outlook. Illustrator and Photoshop a plus
• Experience with order entry
• Ability to handle multiple projects and work in an autonomous environment with minimal direction or supervision
• Ability to prioritize daily, weekly and monthly workload
• Knowledge of the Action Sports and or Marine industry a plus
Interested applicants who’s qualifications meet these requirements are invited to e-mail their resumes along with a cover letter, in strict confidence to: sales@northnational.com
Thanks to Boating Industry Canada for this.
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Be sure to check out this weeks latest Bayliner Boat Videos Here:
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Hi gang, Rick Ostler here bringing you Bayliner Boats along with news and views from the boating industry.
North National Outdoor Group - Employment Opportunity
North National Outdoor Group, a distributor of premium marine & surf products, is expanding its customer service and inside sales department and is seeking a highly motivated candidate to fill this position. This position is based in our Mississauga, Ontario location.
The successful candidate will implement call strategies to the current account base to maintain stock levels while also building relationships with new vendors. The candidate must have good people skills, communication skills, be organized, have a good understanding of selling and servicing accounts and have the ability to work with the customer service and sales departments.
Qualifications:
• Fluent in French an asset
• 2+ years of sales and or customer service experience
• Exceptional verbal and written communication skills
• Working knowledge of Word, Excel and Outlook. Illustrator and Photoshop a plus
• Experience with order entry
• Ability to handle multiple projects and work in an autonomous environment with minimal direction or supervision
• Ability to prioritize daily, weekly and monthly workload
• Knowledge of the Action Sports and or Marine industry a plus
Interested applicants who’s qualifications meet these requirements are invited to e-mail their resumes along with a cover letter, in strict confidence to: sales@northnational.com
Thanks to Boating Industry Canada for this.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Be sure to check out this weeks latest Bayliner Boat Videos Here:
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Monday, May 19, 2008
Bayliner Boats - Industry Dates to Note
Hi gang, Rick Ostler here bringing you Bayliner Boats along with news and views from the boating industry. The following lists a series of industry related conferences and events that will be of interest to marine professionals.
North American Safe Boating Awareness Week (Canada-U.S.A.)
May 17 to 23, 2008
Environmental Day, The Store (Mason’s Chandlery)
June 7, 2008
Port Credit, Mississauga, Ontario
Clipper 07-08 Round the World Yacht Race - Halifax stop
July 2008,
Leg 7 from Jamaica to Liverpool stops in Halifax.
2008 Marine Aftermarket Accessories Trade Show (MAATS)
July 16-18, 2008
Las Vegas Convention Centre, Las Vegas, Nevada
Solmar Lake Ontario 300
July 18-19, 2008
Nova Scotia In-Water Boat Show and Mahone Bay Classic Boat Festival
July 31 - August 3, 2008
Mahone Bay, Nova Scotia
Rideau Canal Festival
August 1-4, 2008
Ottawa to Kingston, Ontario
Annual Ottawa International Antique & Classic Boat Show
August 9, 2008
Rideau Waterway, Long Island Lockstation
Port Credit In Water Boat Show
Friday, August 22, 2008,
Port Credit Harbour, Ontario
2008 Toronto In-Water Boat Show
September 11 - 14, 2008
Ontario Place Harbour, Toronto
Symposium 2008 – Canadian Safe Boating Council
September 24 – 26, 2008
Viamede Conference Resort & Spa, Stoney Lake, Ontario
IBEX 2008 International Boatbuilders Exhibition and Conference
October 6–8 , 2008
Miami Beach Convention Center, Miami, Florida
Kimpex Marine Dealer Trade Show
October 14 to 16, 2008
Harrah’s Resort and Casino, Tunica, Mississippi
Mermaid Marine Products Dealer Show
October 24 - 26, 2008
Crystal Palace, Moncton, N.B.
Canadian Marine Trade Show
November 2 and 3, 2008
International Centre, Hall 5, Mississauga, Ontario
Fort Lauderdale International Boat Show
October 30 - November 3, 2008
Bahia Mar Yachting Center and Broward County Convention Center
Fort Lauderdale, Florida
Marine Retailers Association of America (MRAA) Annual Convention
November 17 - 19, 2008
Rio Hotel & Casino, Las Vegas, Nevada
METS 2008
November 18 – 20, 2008
Amsterdam RAI Convention Centre, Amsterdam, Netherlands
OMOA 2008 Conference & Trade Show
November 30 - December 3, 2008
Deerhurst Resort, Huntsville, Ontario
Toronto International Boat Show
January 10 - 18, 2009
Direct Energy Centre, Exhibition Place, Toronto
boot – Düsseldorf
January 17 – 25, 2009
Düsseldorf, Germany
Ottawa Boat, Sportsmen's & Cottage Show
February 26, 2009
Lansdowne Park, Ottawa, Ontario
Thanks to Boat Industry Canada for this.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Be sure to check out this weeks latest Bayliner Boat Videos Here:
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
North American Safe Boating Awareness Week (Canada-U.S.A.)
May 17 to 23, 2008
Environmental Day, The Store (Mason’s Chandlery)
June 7, 2008
Port Credit, Mississauga, Ontario
Clipper 07-08 Round the World Yacht Race - Halifax stop
July 2008,
Leg 7 from Jamaica to Liverpool stops in Halifax.
2008 Marine Aftermarket Accessories Trade Show (MAATS)
July 16-18, 2008
Las Vegas Convention Centre, Las Vegas, Nevada
Solmar Lake Ontario 300
July 18-19, 2008
Nova Scotia In-Water Boat Show and Mahone Bay Classic Boat Festival
July 31 - August 3, 2008
Mahone Bay, Nova Scotia
Rideau Canal Festival
August 1-4, 2008
Ottawa to Kingston, Ontario
Annual Ottawa International Antique & Classic Boat Show
August 9, 2008
Rideau Waterway, Long Island Lockstation
Port Credit In Water Boat Show
Friday, August 22, 2008,
Port Credit Harbour, Ontario
2008 Toronto In-Water Boat Show
September 11 - 14, 2008
Ontario Place Harbour, Toronto
Symposium 2008 – Canadian Safe Boating Council
September 24 – 26, 2008
Viamede Conference Resort & Spa, Stoney Lake, Ontario
IBEX 2008 International Boatbuilders Exhibition and Conference
October 6–8 , 2008
Miami Beach Convention Center, Miami, Florida
Kimpex Marine Dealer Trade Show
October 14 to 16, 2008
Harrah’s Resort and Casino, Tunica, Mississippi
Mermaid Marine Products Dealer Show
October 24 - 26, 2008
Crystal Palace, Moncton, N.B.
Canadian Marine Trade Show
November 2 and 3, 2008
International Centre, Hall 5, Mississauga, Ontario
Fort Lauderdale International Boat Show
October 30 - November 3, 2008
Bahia Mar Yachting Center and Broward County Convention Center
Fort Lauderdale, Florida
Marine Retailers Association of America (MRAA) Annual Convention
November 17 - 19, 2008
Rio Hotel & Casino, Las Vegas, Nevada
METS 2008
November 18 – 20, 2008
Amsterdam RAI Convention Centre, Amsterdam, Netherlands
OMOA 2008 Conference & Trade Show
November 30 - December 3, 2008
Deerhurst Resort, Huntsville, Ontario
Toronto International Boat Show
January 10 - 18, 2009
Direct Energy Centre, Exhibition Place, Toronto
boot – Düsseldorf
January 17 – 25, 2009
Düsseldorf, Germany
Ottawa Boat, Sportsmen's & Cottage Show
February 26, 2009
Lansdowne Park, Ottawa, Ontario
Thanks to Boat Industry Canada for this.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Be sure to check out this weeks latest Bayliner Boat Videos Here:
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Monday, May 5, 2008
Bayliner Boats - Brunswick Reports EPS of $0.15 in First Quarter
Hi gang, Rick Ostler here bringing you Bayliner Boats along with news and views from the boating industry. The first quarter earnings report by Brunswick Corporation.
LAKE FOREST, Ill., April 24 /PRNewswire-FirstCall/ -- Brunswick Corporation NYSE: BC reported today net earnings from continuing operations of $0.15 per diluted share for the first quarter of 2008, compared with $0.38 per diluted share for the year-ago quarter. Results for the 2008 period include a $0.07 per diluted share loss on the planned divestiture of Baja boats, $0.09 per diluted share of restructuring and other impairment charges, and an investment sale gain of $0.10 per diluted share. Results for the first quarter of 2007 include $0.06 per diluted share of restructuring charges and $0.03 per diluted share of tax-related benefits.
Brunswick Chairman and Chief Executive Officer Dustan E. McCoy commented, "Sales for the quarter reflected lower demand for marine products, particularly in the United States where industry retail sales were down about 17 percent in units in the first quarter. This weakness was partially offset by sales growth from our bowling and fitness operations, as well as strong sales outside the United States in all business segments. While benefiting from favorable currency exchange rates, our success in regions outside of the United States is also the result of our strategic focus on better serving the unique needs of our customers in these markets. Operationally, we continue to introduce innovative new products and implement initiatives to improve quality and productivity, as well as manage pipeline inventories and reduce expenses in response to current weak market conditions for our marine products. Financially, our balance sheet remains strong with $267 million of cash and debt-to-total capital at 27.6 percent at the end of the quarter. Though difficult times and more hard work are ahead, we are pleased with our progress to date."
First Quarter Results
The company said that sales in the first quarter of 2008 totaled $1,346.8 million, down 3 percent from $1,386.1 million for the year-ago quarter. Operating earnings in the first quarter of 2008 totaled $10.3 million, compared with $53.0 million a year ago. Operating earnings in the first quarter of 2008 include an $8.9 million loss on the planned divestiture of Baja and $13.3 million of restructuring and other impairment charges. In the first quarter of 2007, operating earnings include $7.6 million of restructuring charges.
The company reported net earnings from continuing operations of $13.3 million, or $0.15 per diluted share, in the first quarter of 2008, versus $34.3 million, or $0.38 per diluted share, in the year-ago quarter. Results for the first quarter of 2008 include a pretax gain on the dissolution of a bowling joint venture in Japan of $19.7 million, or $0.10 per diluted share, as well as the loss on the planned divestiture equivalent to $0.07 per diluted share and other restructuring and impairment charges equivalent to $0.09 per diluted share. Diluted earnings per share for the first quarter of 2007 include the previously mentioned $0.06 of restructuring charges and $0.03 of tax-related benefits.
The restructuring and other impairment charges in the first quarter of 2008 include severance and plant closure costs, asset write-downs and impairment charges associated with a number of actions undertaken to shrink the company's manufacturing footprint, exit certain market segments and reduce expenses. During the quarter, the company completed the closure of its Aberdeen, Miss., boat plant and closed its bowling pin manufacturing facility in Antigo, Wis. In addition, the company announced that it will cease boat manufacturing at its facility in Merritt Island, Fla., mothball its Swansboro, N.C., boat plant and close its boat plant in Bucyrus, Ohio, in conjunction with the proposed sale of its Baja boat business.
The effective tax rate of 48.4 percent in the first quarter of 2008 was primarily due to a higher tax rate on the $19.7 million pretax gain on the dissolution of the bowling joint venture. Fully diluted common shares outstanding totaled 88.3 million in the first quarter of 2008, compared with 92.0 million shares in the same period of 2007.
Boat Segment
The Boat segment consists of the Brunswick Boat Group, which produces and distributes fiberglass and aluminum boats and marine parts and accessories, and offers dealer management systems. The Boat segment reported sales for the first quarter of 2008 of $637.8 million, down 9 percent compared with $699.0 million in the first quarter of 2007. Sales in the U.S. were down double digits reflecting the continued weak retail markets. The drop in domestic sales was partially offset by growth in sales outside of the U.S., primarily driven by higher sales in Europe. For the first quarter of 2008, the Boat segment had an operating loss of $14.7 million, down from operating earnings of $19.5 million in the year-ago quarter. The reduction in operating earnings was primarily due to lower fixed-cost absorption on lower sales, as well as $13.8 million of restructuring and impairment charges related to actions described above. The year-ago first quarter includes $4.8 million of comparable charges.
"In response to market conditions, we continued to lower production rates to reduce pipeline inventories held by our dealers," McCoy said. "At the end of the quarter, there were approximately 2,800 fewer boats in our dealers' inventories than at the same time last year. Nevertheless, we had 35 weeks of supply on hand at quarter end, up from 34 weeks of supply a year ago, and we will be making further production cuts in the months ahead. Consumers remain cautious in the face of an uncertain economy, a poor housing market and rising food and energy prices that erode their spending power for discretionary purchases such as boats."
"Against this backdrop, we continued to make progress towards transforming our global manufacturing profile to achieve a smaller, more flexible manufacturing footprint as well as rationalizing our brand portfolio," McCoy added. "We announced that we will cease making boats at several manufacturing facilities, and we will transfer that production to other plants that will make multiple models and brands to lower our overall cost position and improve capacity utilization. We will also continue to strategically refine our product portfolio, focusing on those brands and product segments where we see the greatest opportunity for profitable growth."
Marine Engine Segment
The Marine Engine segment, consisting of the Mercury Marine Group, reported sales of $566.0 million in the first quarter of 2008, down 1 percent from $572.6 million in the year-ago first quarter. Operating earnings in the first quarter were $30.9 million versus $34.7 million, and operating margins declined to 5.5 percent compared with 6.1 percent for the same quarter in 2007.
"Sales from areas outside the United States were up double digits, which helped to mitigate the U.S. sales decline. The U.S. sales shortfall was driven by lower engine sales to boat builders, as well as lower parts and accessories sales, which are tied to boat usage and engine sales," McCoy explained. "The decline in operating earnings was primarily due to lower sales of high-margin sterndrive engines as well as reduced fixed-cost absorption on lower sales."
Fitness Segment
The Fitness segment is comprised of the Life Fitness Division, which manufactures and sells Life Fitness, Hammer Strength and ParaBody fitness equipment. For the first quarter of 2008, segment sales increased 3 percent to $149.2 million, up from $145.0 million in the year-ago quarter. Segment operating earnings were $8.1 million for the first quarter of 2008, flat from the first quarter a year ago. Operating margins were 5.4 percent versus 5.6 percent in the year-earlier quarter.
"Sales growth was driven by a significant increase in commercial equipment sales, which were up nearly double digits," McCoy said. "This was offset by a steep decline in the consumer segment, as individuals continue to defer purchasing discretionary items. Operating earnings and margins were affected by a shift in commercial product mix as the growth in strength equipment sales, which carry lower margins relative to cardiovascular equipment, was disproportionately higher than the growth in cardio sales."
Bowling & Billiards Segment
The Bowling & Billiards segment is comprised of the Brunswick retail bowling centers; bowling equipment and products; and billiards, Air Hockey and foosball tables. Segment sales in the first quarter of 2008 totaled $113.6 million, up 7 percent from $105.8 million in the year-ago quarter. Operating earnings were $0.9 million in the first quarter versus $8.3 million in the year-ago quarter. Operating margins were 0.8 percent as compared with 7.8 percent in 2007.
"Sales were up in both our bowling products and retail segments, offsetting lower billiards sales," McCoy said. "Operating earnings for the segment during the quarter were affected by a $5.6 million charge for costs associated with the closing of the Antigo, Wis., bowling pin plant, as well as other restructuring and impairment costs."
"The retail segment, in particular, continues to benefit as we build additional Brunswick Zone XL bowling centers, with the most recent opening in the Chicagoland area in the first quarter," McCoy said. "Billiards sales, however, continued to face pressure due to the slowdown in the housing market and the overall weak economy."
About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Teignbridge propellers; MotoTron electronic controls; Albemarle, Arvor, Baja, Bayliner, Bermuda, Boston Whaler, Cabo Yachts, Crestliner, Cypress Cay, Harris, Hatteras, Kayot, Laguna, Lowe, Lund, Maxum, Meridian, Ornvik, Palmetto, Princecraft, Quicksilver, Rayglass, Savage, Sea Boss, Sea Pro, Sea Ray, Sealine, Triton, Trophy, Uttern and Valiant boats; Attwood marine parts and accessories; Land 'N' Sea, Kellogg Marine, Diversified Marine and Benrock parts and accessories distributors; IDS dealer management systems; Life Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick bowling centers, equipment and consumer products; Brunswick billiards tables; and Dynamo, Tornado and Valley pool tables, Air Hockey and foosball tables. For more information, visit http://www.brunswick.com.
Brunswick Corporation
Comparative Consolidated Statements of Income
(in millions, except per share data)
(unaudited)
Three Months Ended
March 29, March 31,
2008 2007 % Change
Net sales $1,346.8 $1,386.1 -3%
Cost of sales 1,077.3 1,085.2 -1%
Selling, general and administrative
expense 203.1 206.8 -2%
Research and development expense 33.9 33.5 1%
Restructuring, exit and impairment
charges 22.2 7.6 NM
Operating earnings 10.3 53.0 -81%
Equity earnings 4.8 6.3 -24%
Investment sale gain 19.7 - NM
Other income (expense), net 1.1 (0.4) NM
Earnings before interest and income
taxes 35.9 58.9 -39%
Interest expense (11.5) (13.6) -15%
Interest income 1.4 1.8 -22%
Earnings before income taxes 25.8 47.1 -45%
Income tax provision 12.5 12.8
Net earnings from continuing
operations 13.3 34.3 -61%
Discontinued operations:
Earnings from discontinued
operations, net of tax - 3.4 NM
Gain on disposal of discontinued
operations, net of tax - 7.9 NM
Net earnings from discontinued
operations - 11.3 NM
Net earnings $13.3 $45.6 -71%
Earnings per common share:
Basic
Net earnings from continuing
operations $0.15 $0.38 -61%
Earnings from discontinued
operations, net of tax - 0.03 NM
Gain on disposal of discontinued
operations, net of tax - 0.09 NM
Net earnings $0.15 $0.50 -70%
Diluted
Net earnings from continuing
operations (1) $0.15 $0.38 -61%
Earnings from discontinued
operations, net of tax - 0.03 NM
Gain on disposal of discontinued
operations, net of tax - 0.09 NM
Net earnings $0.15 $0.50 -70%
Weighted average number of shares
used for computation of:
Basic earnings per share 88.2 91.4 -4%
Diluted earnings per share 88.3 92.0 -4%
Effective tax rate (2) 48.4% 27.2%
(1) Net earnings from continuing operations of $0.15 per diluted share for
the first quarter of 2008 include a loss on the planned divestiture of
Baja boats of $0.07 per diluted share, other restructuring, exit and
impairment charges of $0.09 per diluted share, and an investment sale
gain of $0.10 per diluted share. Net earnings from continuing
operations of $0.38 per diluted share for the first quarter of 2007
include restructuring, exit and impairment charges of $0.06 per
diluted share and special tax-related benefits of $0.03 per diluted
share.
(2) The increase in the effective tax rate for the first quarter of 2008
was primarily due to a higher tax rate associated with the investment
sale gain.
Brunswick Corporation
Selected Financial Information
(in millions)
(unaudited)
Segment Information
Three Months Ended
Net Sales Operating Earnings (1) Operating Margin
March 29, March 31, % March 29, March 31, % March 29, March 31,
2008 2007 Change 2008 2007 Change 2008 2007
Boat $637.8 $699.0 -9% $(14.7) $19.5 NM -2.3% 2.8%
Marine
Engine 566.0 572.6 -1% 30.9 34.7 -11% 5.5% 6.1%
Marine
elimi-
nations (119.8) (136.2) - -
Total
Marine 1,084.0 1,135.4 -5% 16.2 54.2 -70% 1.5% 4.8%
Fitness 149.2 145.0 3% 8.1 8.1 0% 5.4% 5.6%
Bowling &
Billiards 113.6 105.8 7% 0.9 8.3 -89% 0.8% 7.8%
Eliminations - (0.1) - -
Corp/Other - - (14.9) (17.6) 15%
Total $1,346.8 $1,386.1 -3% $10.3 $53.0 -81% 0.8% 3.8%
(1) Operating earnings in the first quarter of 2008 include a $22.2
million pretax restructuring charge, consisting of $13.8 million in
the Boat segment, $1.5 million in the Marine Engine segment, $5.6
million in the Bowling & Billiards segment and $1.3 million in
Corp/Other. Operating earnings in the first quarter of 2007 include a
$7.6 million pretax restructuring charge, consisting of $4.8 million
in the Boat segment and $2.8 million in the Marine Engine segment.
Brunswick Corporation
Comparative Consolidated Condensed Balance Sheets
(in millions)
March 29, December 31, March 31,
2008 2007 2007
(unaudited) (unaudited)
Assets
Current assets
Cash and cash equivalents $267.3 $331.4 $204.0
Accounts and notes receivables,
net 648.8 572.4 565.5
Inventories
Finished goods 494.3 446.7 461.2
Work-in-process 346.0 323.4 338.8
Raw materials 143.9 136.6 145.2
Net inventories 984.2 906.7 945.2
Deferred income taxes 241.9 249.9 223.0
Prepaid expenses and other 57.5 53.9 80.0
Current assets held for sale - - 30.3
Current assets 2,199.7 2,114.3 2,048.0
Net property 1,034.4 1,052.8 1,016.9
Other assets
Goodwill and other intangibles 921.0 924.5 984.0
Investments and other long-term
assets 256.3 274.0 343.1
Long-term assets held for sale - - 22.6
Other assets 1,177.3 1,198.5 1,349.7
Total assets $4,411.4 $4,365.6 $4,414.6
Liabilities and shareholders' equity
Current liabilities
Short-term debt $0.9 $0.8 $0.6
Accounts payable 488.0 437.3 435.4
Accrued expenses 832.2 858.1 788.1
Current liabilities held for sale - - 23.3
Current liabilities 1,321.1 1,296.2 1,247.4
Long-term debt 729.1 727.4 725.8
Other long-term liabilities 444.2 449.1 534.0
Long-term liabilities held for sale - - 9.5
Common shareholders' equity 1,917.0 1,892.9 1,897.9
Total liabilities and shareholders'
equity $4,411.4 $4,365.6 $4,414.6
Supplemental Information
Debt-to-capitalization rate 27.6% 27.8% 27.7%
Brunswick Corporation
Comparative Condensed Consolidated Statements of Cash Flows
(in millions)
(unaudited)
Three Months Ended
Revised
March 29, March 31,
2008 2007 (1)
Cash flows from operating activities
Net earnings $13.3 $45.6
Net earnings from discontinued
operations - 11.3
Net earnings from continuing
operations 13.3 34.3
Depreciation and amortization 44.3 41.0
Changes in non-cash current assets
and current liabilities (136.6) (132.2)
Impairment charges 8.4 -
Income taxes and other, net (3.5) 31.1
Net cash used for operating activities
of continuing operations (74.1) (25.8)
Net cash used for operating activities
of discontinued operations - (22.6)
Net cash used for operating activities (74.1) (48.4)
Cash flows from investing activities
Capital expenditures (28.3) (39.8)
Acquisitions of businesses, net of
cash acquired - (0.1)
Investments (4.1) (5.5)
Proceeds from investment sale 40.4 -
Proceeds from sale of property,
plant and equipment 1.7 0.3
Other, net 0.2 12.8
Net cash provided by (used for) investing
activities of continuing operations 9.9 (32.3)
Net cash provided by investing activities
of discontinued operations - 30.4
Net cash provided by (used for) investing
activities 9.9 (1.9)
Cash flows from financing activities
Net issuances of commercial paper
and other short-term debt 0.3 -
Payments of long-term debt including
current maturities (0.2) (0.2)
Stock repurchases - (33.4)
Stock options exercised - 4.5
Net cash provided by (used for) financing
activities of continuing operations 0.1 (29.1)
Net cash used for financing activities
of discontinued operations - -
Net cash provided by (used for) financing
activities 0.1 (29.1)
Net decrease in cash and cash equivalents (64.1) (79.4)
Cash and cash equivalents at beginning
of period 331.4 283.4
Cash and cash equivalents at end of period $267.3 $204.0
Free Cash Flow from Continuing
Operations
Net cash used for operating activities
of continuing operations $(74.1) $(25.8)
Net cash provided by (used for):
Capital expenditures (28.3) (39.8)
Proceeds from sale of property,
plant and equipment 1.7 0.3
Proceeds from investment sale 40.4 -
Other, net 0.2 12.8
Total free cash flow from continuing
operations $(60.1) $(52.5)
(1) The company expanded its presentation of the consolidated statement of
cash flows to include net earnings and net earnings from discontinued
operations. Accordingly, the company revised the quarterly 2007
consolidated statement of cash flows. Net cash flows from operating,
investing and financing activities have not changed.
Website: http://www.brunswick.com/
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LAKE FOREST, Ill., April 24 /PRNewswire-FirstCall/ -- Brunswick Corporation NYSE: BC reported today net earnings from continuing operations of $0.15 per diluted share for the first quarter of 2008, compared with $0.38 per diluted share for the year-ago quarter. Results for the 2008 period include a $0.07 per diluted share loss on the planned divestiture of Baja boats, $0.09 per diluted share of restructuring and other impairment charges, and an investment sale gain of $0.10 per diluted share. Results for the first quarter of 2007 include $0.06 per diluted share of restructuring charges and $0.03 per diluted share of tax-related benefits.
Brunswick Chairman and Chief Executive Officer Dustan E. McCoy commented, "Sales for the quarter reflected lower demand for marine products, particularly in the United States where industry retail sales were down about 17 percent in units in the first quarter. This weakness was partially offset by sales growth from our bowling and fitness operations, as well as strong sales outside the United States in all business segments. While benefiting from favorable currency exchange rates, our success in regions outside of the United States is also the result of our strategic focus on better serving the unique needs of our customers in these markets. Operationally, we continue to introduce innovative new products and implement initiatives to improve quality and productivity, as well as manage pipeline inventories and reduce expenses in response to current weak market conditions for our marine products. Financially, our balance sheet remains strong with $267 million of cash and debt-to-total capital at 27.6 percent at the end of the quarter. Though difficult times and more hard work are ahead, we are pleased with our progress to date."
First Quarter Results
The company said that sales in the first quarter of 2008 totaled $1,346.8 million, down 3 percent from $1,386.1 million for the year-ago quarter. Operating earnings in the first quarter of 2008 totaled $10.3 million, compared with $53.0 million a year ago. Operating earnings in the first quarter of 2008 include an $8.9 million loss on the planned divestiture of Baja and $13.3 million of restructuring and other impairment charges. In the first quarter of 2007, operating earnings include $7.6 million of restructuring charges.
The company reported net earnings from continuing operations of $13.3 million, or $0.15 per diluted share, in the first quarter of 2008, versus $34.3 million, or $0.38 per diluted share, in the year-ago quarter. Results for the first quarter of 2008 include a pretax gain on the dissolution of a bowling joint venture in Japan of $19.7 million, or $0.10 per diluted share, as well as the loss on the planned divestiture equivalent to $0.07 per diluted share and other restructuring and impairment charges equivalent to $0.09 per diluted share. Diluted earnings per share for the first quarter of 2007 include the previously mentioned $0.06 of restructuring charges and $0.03 of tax-related benefits.
The restructuring and other impairment charges in the first quarter of 2008 include severance and plant closure costs, asset write-downs and impairment charges associated with a number of actions undertaken to shrink the company's manufacturing footprint, exit certain market segments and reduce expenses. During the quarter, the company completed the closure of its Aberdeen, Miss., boat plant and closed its bowling pin manufacturing facility in Antigo, Wis. In addition, the company announced that it will cease boat manufacturing at its facility in Merritt Island, Fla., mothball its Swansboro, N.C., boat plant and close its boat plant in Bucyrus, Ohio, in conjunction with the proposed sale of its Baja boat business.
The effective tax rate of 48.4 percent in the first quarter of 2008 was primarily due to a higher tax rate on the $19.7 million pretax gain on the dissolution of the bowling joint venture. Fully diluted common shares outstanding totaled 88.3 million in the first quarter of 2008, compared with 92.0 million shares in the same period of 2007.
Boat Segment
The Boat segment consists of the Brunswick Boat Group, which produces and distributes fiberglass and aluminum boats and marine parts and accessories, and offers dealer management systems. The Boat segment reported sales for the first quarter of 2008 of $637.8 million, down 9 percent compared with $699.0 million in the first quarter of 2007. Sales in the U.S. were down double digits reflecting the continued weak retail markets. The drop in domestic sales was partially offset by growth in sales outside of the U.S., primarily driven by higher sales in Europe. For the first quarter of 2008, the Boat segment had an operating loss of $14.7 million, down from operating earnings of $19.5 million in the year-ago quarter. The reduction in operating earnings was primarily due to lower fixed-cost absorption on lower sales, as well as $13.8 million of restructuring and impairment charges related to actions described above. The year-ago first quarter includes $4.8 million of comparable charges.
"In response to market conditions, we continued to lower production rates to reduce pipeline inventories held by our dealers," McCoy said. "At the end of the quarter, there were approximately 2,800 fewer boats in our dealers' inventories than at the same time last year. Nevertheless, we had 35 weeks of supply on hand at quarter end, up from 34 weeks of supply a year ago, and we will be making further production cuts in the months ahead. Consumers remain cautious in the face of an uncertain economy, a poor housing market and rising food and energy prices that erode their spending power for discretionary purchases such as boats."
"Against this backdrop, we continued to make progress towards transforming our global manufacturing profile to achieve a smaller, more flexible manufacturing footprint as well as rationalizing our brand portfolio," McCoy added. "We announced that we will cease making boats at several manufacturing facilities, and we will transfer that production to other plants that will make multiple models and brands to lower our overall cost position and improve capacity utilization. We will also continue to strategically refine our product portfolio, focusing on those brands and product segments where we see the greatest opportunity for profitable growth."
Marine Engine Segment
The Marine Engine segment, consisting of the Mercury Marine Group, reported sales of $566.0 million in the first quarter of 2008, down 1 percent from $572.6 million in the year-ago first quarter. Operating earnings in the first quarter were $30.9 million versus $34.7 million, and operating margins declined to 5.5 percent compared with 6.1 percent for the same quarter in 2007.
"Sales from areas outside the United States were up double digits, which helped to mitigate the U.S. sales decline. The U.S. sales shortfall was driven by lower engine sales to boat builders, as well as lower parts and accessories sales, which are tied to boat usage and engine sales," McCoy explained. "The decline in operating earnings was primarily due to lower sales of high-margin sterndrive engines as well as reduced fixed-cost absorption on lower sales."
Fitness Segment
The Fitness segment is comprised of the Life Fitness Division, which manufactures and sells Life Fitness, Hammer Strength and ParaBody fitness equipment. For the first quarter of 2008, segment sales increased 3 percent to $149.2 million, up from $145.0 million in the year-ago quarter. Segment operating earnings were $8.1 million for the first quarter of 2008, flat from the first quarter a year ago. Operating margins were 5.4 percent versus 5.6 percent in the year-earlier quarter.
"Sales growth was driven by a significant increase in commercial equipment sales, which were up nearly double digits," McCoy said. "This was offset by a steep decline in the consumer segment, as individuals continue to defer purchasing discretionary items. Operating earnings and margins were affected by a shift in commercial product mix as the growth in strength equipment sales, which carry lower margins relative to cardiovascular equipment, was disproportionately higher than the growth in cardio sales."
Bowling & Billiards Segment
The Bowling & Billiards segment is comprised of the Brunswick retail bowling centers; bowling equipment and products; and billiards, Air Hockey and foosball tables. Segment sales in the first quarter of 2008 totaled $113.6 million, up 7 percent from $105.8 million in the year-ago quarter. Operating earnings were $0.9 million in the first quarter versus $8.3 million in the year-ago quarter. Operating margins were 0.8 percent as compared with 7.8 percent in 2007.
"Sales were up in both our bowling products and retail segments, offsetting lower billiards sales," McCoy said. "Operating earnings for the segment during the quarter were affected by a $5.6 million charge for costs associated with the closing of the Antigo, Wis., bowling pin plant, as well as other restructuring and impairment costs."
"The retail segment, in particular, continues to benefit as we build additional Brunswick Zone XL bowling centers, with the most recent opening in the Chicagoland area in the first quarter," McCoy said. "Billiards sales, however, continued to face pressure due to the slowdown in the housing market and the overall weak economy."
About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Teignbridge propellers; MotoTron electronic controls; Albemarle, Arvor, Baja, Bayliner, Bermuda, Boston Whaler, Cabo Yachts, Crestliner, Cypress Cay, Harris, Hatteras, Kayot, Laguna, Lowe, Lund, Maxum, Meridian, Ornvik, Palmetto, Princecraft, Quicksilver, Rayglass, Savage, Sea Boss, Sea Pro, Sea Ray, Sealine, Triton, Trophy, Uttern and Valiant boats; Attwood marine parts and accessories; Land 'N' Sea, Kellogg Marine, Diversified Marine and Benrock parts and accessories distributors; IDS dealer management systems; Life Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick bowling centers, equipment and consumer products; Brunswick billiards tables; and Dynamo, Tornado and Valley pool tables, Air Hockey and foosball tables. For more information, visit http://www.brunswick.com.
Brunswick Corporation
Comparative Consolidated Statements of Income
(in millions, except per share data)
(unaudited)
Three Months Ended
March 29, March 31,
2008 2007 % Change
Net sales $1,346.8 $1,386.1 -3%
Cost of sales 1,077.3 1,085.2 -1%
Selling, general and administrative
expense 203.1 206.8 -2%
Research and development expense 33.9 33.5 1%
Restructuring, exit and impairment
charges 22.2 7.6 NM
Operating earnings 10.3 53.0 -81%
Equity earnings 4.8 6.3 -24%
Investment sale gain 19.7 - NM
Other income (expense), net 1.1 (0.4) NM
Earnings before interest and income
taxes 35.9 58.9 -39%
Interest expense (11.5) (13.6) -15%
Interest income 1.4 1.8 -22%
Earnings before income taxes 25.8 47.1 -45%
Income tax provision 12.5 12.8
Net earnings from continuing
operations 13.3 34.3 -61%
Discontinued operations:
Earnings from discontinued
operations, net of tax - 3.4 NM
Gain on disposal of discontinued
operations, net of tax - 7.9 NM
Net earnings from discontinued
operations - 11.3 NM
Net earnings $13.3 $45.6 -71%
Earnings per common share:
Basic
Net earnings from continuing
operations $0.15 $0.38 -61%
Earnings from discontinued
operations, net of tax - 0.03 NM
Gain on disposal of discontinued
operations, net of tax - 0.09 NM
Net earnings $0.15 $0.50 -70%
Diluted
Net earnings from continuing
operations (1) $0.15 $0.38 -61%
Earnings from discontinued
operations, net of tax - 0.03 NM
Gain on disposal of discontinued
operations, net of tax - 0.09 NM
Net earnings $0.15 $0.50 -70%
Weighted average number of shares
used for computation of:
Basic earnings per share 88.2 91.4 -4%
Diluted earnings per share 88.3 92.0 -4%
Effective tax rate (2) 48.4% 27.2%
(1) Net earnings from continuing operations of $0.15 per diluted share for
the first quarter of 2008 include a loss on the planned divestiture of
Baja boats of $0.07 per diluted share, other restructuring, exit and
impairment charges of $0.09 per diluted share, and an investment sale
gain of $0.10 per diluted share. Net earnings from continuing
operations of $0.38 per diluted share for the first quarter of 2007
include restructuring, exit and impairment charges of $0.06 per
diluted share and special tax-related benefits of $0.03 per diluted
share.
(2) The increase in the effective tax rate for the first quarter of 2008
was primarily due to a higher tax rate associated with the investment
sale gain.
Brunswick Corporation
Selected Financial Information
(in millions)
(unaudited)
Segment Information
Three Months Ended
Net Sales Operating Earnings (1) Operating Margin
March 29, March 31, % March 29, March 31, % March 29, March 31,
2008 2007 Change 2008 2007 Change 2008 2007
Boat $637.8 $699.0 -9% $(14.7) $19.5 NM -2.3% 2.8%
Marine
Engine 566.0 572.6 -1% 30.9 34.7 -11% 5.5% 6.1%
Marine
elimi-
nations (119.8) (136.2) - -
Total
Marine 1,084.0 1,135.4 -5% 16.2 54.2 -70% 1.5% 4.8%
Fitness 149.2 145.0 3% 8.1 8.1 0% 5.4% 5.6%
Bowling &
Billiards 113.6 105.8 7% 0.9 8.3 -89% 0.8% 7.8%
Eliminations - (0.1) - -
Corp/Other - - (14.9) (17.6) 15%
Total $1,346.8 $1,386.1 -3% $10.3 $53.0 -81% 0.8% 3.8%
(1) Operating earnings in the first quarter of 2008 include a $22.2
million pretax restructuring charge, consisting of $13.8 million in
the Boat segment, $1.5 million in the Marine Engine segment, $5.6
million in the Bowling & Billiards segment and $1.3 million in
Corp/Other. Operating earnings in the first quarter of 2007 include a
$7.6 million pretax restructuring charge, consisting of $4.8 million
in the Boat segment and $2.8 million in the Marine Engine segment.
Brunswick Corporation
Comparative Consolidated Condensed Balance Sheets
(in millions)
March 29, December 31, March 31,
2008 2007 2007
(unaudited) (unaudited)
Assets
Current assets
Cash and cash equivalents $267.3 $331.4 $204.0
Accounts and notes receivables,
net 648.8 572.4 565.5
Inventories
Finished goods 494.3 446.7 461.2
Work-in-process 346.0 323.4 338.8
Raw materials 143.9 136.6 145.2
Net inventories 984.2 906.7 945.2
Deferred income taxes 241.9 249.9 223.0
Prepaid expenses and other 57.5 53.9 80.0
Current assets held for sale - - 30.3
Current assets 2,199.7 2,114.3 2,048.0
Net property 1,034.4 1,052.8 1,016.9
Other assets
Goodwill and other intangibles 921.0 924.5 984.0
Investments and other long-term
assets 256.3 274.0 343.1
Long-term assets held for sale - - 22.6
Other assets 1,177.3 1,198.5 1,349.7
Total assets $4,411.4 $4,365.6 $4,414.6
Liabilities and shareholders' equity
Current liabilities
Short-term debt $0.9 $0.8 $0.6
Accounts payable 488.0 437.3 435.4
Accrued expenses 832.2 858.1 788.1
Current liabilities held for sale - - 23.3
Current liabilities 1,321.1 1,296.2 1,247.4
Long-term debt 729.1 727.4 725.8
Other long-term liabilities 444.2 449.1 534.0
Long-term liabilities held for sale - - 9.5
Common shareholders' equity 1,917.0 1,892.9 1,897.9
Total liabilities and shareholders'
equity $4,411.4 $4,365.6 $4,414.6
Supplemental Information
Debt-to-capitalization rate 27.6% 27.8% 27.7%
Brunswick Corporation
Comparative Condensed Consolidated Statements of Cash Flows
(in millions)
(unaudited)
Three Months Ended
Revised
March 29, March 31,
2008 2007 (1)
Cash flows from operating activities
Net earnings $13.3 $45.6
Net earnings from discontinued
operations - 11.3
Net earnings from continuing
operations 13.3 34.3
Depreciation and amortization 44.3 41.0
Changes in non-cash current assets
and current liabilities (136.6) (132.2)
Impairment charges 8.4 -
Income taxes and other, net (3.5) 31.1
Net cash used for operating activities
of continuing operations (74.1) (25.8)
Net cash used for operating activities
of discontinued operations - (22.6)
Net cash used for operating activities (74.1) (48.4)
Cash flows from investing activities
Capital expenditures (28.3) (39.8)
Acquisitions of businesses, net of
cash acquired - (0.1)
Investments (4.1) (5.5)
Proceeds from investment sale 40.4 -
Proceeds from sale of property,
plant and equipment 1.7 0.3
Other, net 0.2 12.8
Net cash provided by (used for) investing
activities of continuing operations 9.9 (32.3)
Net cash provided by investing activities
of discontinued operations - 30.4
Net cash provided by (used for) investing
activities 9.9 (1.9)
Cash flows from financing activities
Net issuances of commercial paper
and other short-term debt 0.3 -
Payments of long-term debt including
current maturities (0.2) (0.2)
Stock repurchases - (33.4)
Stock options exercised - 4.5
Net cash provided by (used for) financing
activities of continuing operations 0.1 (29.1)
Net cash used for financing activities
of discontinued operations - -
Net cash provided by (used for) financing
activities 0.1 (29.1)
Net decrease in cash and cash equivalents (64.1) (79.4)
Cash and cash equivalents at beginning
of period 331.4 283.4
Cash and cash equivalents at end of period $267.3 $204.0
Free Cash Flow from Continuing
Operations
Net cash used for operating activities
of continuing operations $(74.1) $(25.8)
Net cash provided by (used for):
Capital expenditures (28.3) (39.8)
Proceeds from sale of property,
plant and equipment 1.7 0.3
Proceeds from investment sale 40.4 -
Other, net 0.2 12.8
Total free cash flow from continuing
operations $(60.1) $(52.5)
(1) The company expanded its presentation of the consolidated statement of
cash flows to include net earnings and net earnings from discontinued
operations. Accordingly, the company revised the quarterly 2007
consolidated statement of cash flows. Net cash flows from operating,
investing and financing activities have not changed.
Website: http://www.brunswick.com/
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Friday, April 25, 2008
Bayliner Boats - Police looking for Owner of Destroyed Boat
Hi gang, Rick Ostler here again bringing you Bayliner Boats and news and views from the boating industry.
The 23 foot power boat had an inboard motor but no mark or markings and water police are baffled as to owns the vessel.
Another boat, a nine metre Bayliner that went missing around the same time from a mooring in the Canning River, Bullcreek, was also found on a sand bar at Point Walter at 8.00am.
Anyone with any information on either of these boat thefts is asked to call Crime Stoppers on 1800 333 000. Thanks to news.com.au/perthnow for this.
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Rick Ostler, Bayliner Boats.
POLICE are looking for the owner of a power boat destroyed by fire, one of two such boats stolen recently in Perth.
Police were called to the burning boat, estimated to be worth $100,000, washed up on a river bank near Hillcrest Crescent in Maylands at 4.15am.The 23 foot power boat had an inboard motor but no mark or markings and water police are baffled as to owns the vessel.
Another boat, a nine metre Bayliner that went missing around the same time from a mooring in the Canning River, Bullcreek, was also found on a sand bar at Point Walter at 8.00am.
Anyone with any information on either of these boat thefts is asked to call Crime Stoppers on 1800 333 000. Thanks to news.com.au/perthnow for this.
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Rick Ostler, Bayliner Boats.
Thursday, March 27, 2008
Bayliner Boats - Weak Economy Hurting Boating Industry
Hi gang, Rick Ostler bringing you Bayliner Boats and boating industry news. Since 1973, Hunter Scott had made sailboats, powerboats and custom-made lobster boats.
But he decided to close his Pocasset, Mass. shop in December, lay off half his staff and switch to cabinetry work as orders for the $300,000 vessels all but dried up.
"I had a lot of fun in the marine industry," he said. "But the economy has taken its toll."
Across the country, the $40 billion boating industry is struggling to weather a season of gloomy news.
A triple threat of falling consumer confidence, rising gas prices and the nation's economic downturn has pummeled the industry, changing the boating habits of recreational skippers while forcing layoffs, plant closures and corporate reorganizations the likes of which haven't been seen in nearly two decades.
"It's a challenging time," said Bill McGill, chairman and president of Clearwater, Fla.-based MarineMax Inc. The nation's largest recreational boat and yacht retailer recently laid off 10 percent of its work force as profit fell nearly 50 percent during the last fiscal year.
Industrywide, sales of new boats have been slipping virtually every month since mid-2004, when the nation's consumer confidence began to dip. Sales closed out the year down nearly 15 percent compared to last December, according to market research data.
Even more troubling: souring sales, which began with smaller and cheaper boats and progressed to 30-foot mid-sized models, are beginning to infiltrate the yacht market, where yearslong waiting lists for the 50-foot-plus multimillion dollar vessels are evaporating, said Marisa Thompson, an analyst at Morningstar.
That's a sign that even the wealthy are beginning to watch their pennies.
"A lot of people are holding out hope that things will turn around, that in another six to eight months they'll get a glimmer of a turnaround," Thompson said. "But that's up in the air right now. I don't see the catalyst on the horizon."
Since the beginning of 2007, Lake Forest, Ill.-based Brunswick Corp. -- which manufactures more than a dozen boat brands including Bayliner, Sea Ray and Hatteras -- closed or announced plans to mothball seven factories and laid off more than 1,300 workers as it realigns its business and cuts boat production by more than 10 percent.
The company's boat segment lost $81.4 million in 2007, weighed down by a hefty one-time charge and anemic sales.
"We're running our company as if 2008 is going to be down and when we get to midyear, we'll begin to look at 2009 and we'll do what we have to do," said Chief Executive Dustan McCoy.
The industry's downturn became particularly pronounced more than two years ago as the nation's housing sector began to falter and grew as each month progressed.
"We thought last fall that what was being experienced by the industry was as bad as it was going to get," said MarineMax's McGill. "(It) has actually gotten worse."
Until consumer confidence returns, industry executives said they're making an effort to reach out to customers, offering classes and excursions, focusing on overseas sales buoyed by the weak dollar, and developing fancy-featured new models in an effort to win back U.S. shoppers when consumer confidence grows.
"When a recession first hits, the boating industry -- like many of the other leisure industries -- is the first to get hit and the last to bounce back," said Scott, 57. "Until that happens, it's going to be a little slow around the marinas."
Brian Tinkler, general manager Sunset Marina in West Ocean City, Md., is preparing for a slow summer -- especially if the mid-Atlantic's fishing business is anything less than robust.
Already, Tinkler's seen customers ration boat trips and share expenses for a single boat, rather than taking trips with several boats at a time.
"If people know the fish are there, they'll pay the money for the fuel to go catch them. But they aren't going to pay the money to go on a wild goose chase for fish," he said.
Meanwhile, Tinkler's seeing his charter business ebb as fuel prices climb. Three years ago, his marina on Maryland's Eastern Shore chartered boats for between $800 and $1,500 a day. Now, a daylong rental for the same fleet costs $1,200 to $2,500.
Alex Laidlaw, a corporate vice president of Encino, Calif.-based Westrec Marinas, said he expects to see fewer smaller boats out on the water and fewer medium-sized boats, which can cost between $75,000 to several hundred thousand dollars -- departing from his company's 26 marinas.
"We're clearly going to see a slower summer," he said. "They're going to the boat, but the boat is staying at the dock."
With twin 75-gallon gas tanks -- and a fuel efficiency of just few miles per gallon -- Hixson, Tenn. insurance agent Gary Brown has no plans to keep his 32-foot cruiser "Gentle Persuasion" in its slip.
Instead, he's making plans to economize fuel as gas prices for marine fuel soar above $4 a gallon.
"I'll throttle back, consume gas a little better, and just take a little longer to get there," he said.
Al Ehrlich, a 67-year-old boater from Chicago is already scaling back what he spends on movies and other shows so he can afford to spend as much time as possible aboard his 45-foot boat "Adrenaline" when the ice on Lake Michigan thaws.
"I'm almost thinking of putting a sail on my boat to let the wind help me along," he joked.
But like most die-harder boaters who've invested as much in their boats as some people have in their houses, Ehrlich says he no plans to be landlocked.
"I have a large investment in mine, so I'm going to use it one way or another," he said. "I'm not going to let it sit."
Thanks to ASHLEY M. HEHER, The Associated Press for this.
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But he decided to close his Pocasset, Mass. shop in December, lay off half his staff and switch to cabinetry work as orders for the $300,000 vessels all but dried up.
"I had a lot of fun in the marine industry," he said. "But the economy has taken its toll."
Across the country, the $40 billion boating industry is struggling to weather a season of gloomy news.
A triple threat of falling consumer confidence, rising gas prices and the nation's economic downturn has pummeled the industry, changing the boating habits of recreational skippers while forcing layoffs, plant closures and corporate reorganizations the likes of which haven't been seen in nearly two decades.
"It's a challenging time," said Bill McGill, chairman and president of Clearwater, Fla.-based MarineMax Inc. The nation's largest recreational boat and yacht retailer recently laid off 10 percent of its work force as profit fell nearly 50 percent during the last fiscal year.
Industrywide, sales of new boats have been slipping virtually every month since mid-2004, when the nation's consumer confidence began to dip. Sales closed out the year down nearly 15 percent compared to last December, according to market research data.
Even more troubling: souring sales, which began with smaller and cheaper boats and progressed to 30-foot mid-sized models, are beginning to infiltrate the yacht market, where yearslong waiting lists for the 50-foot-plus multimillion dollar vessels are evaporating, said Marisa Thompson, an analyst at Morningstar.
That's a sign that even the wealthy are beginning to watch their pennies.
"A lot of people are holding out hope that things will turn around, that in another six to eight months they'll get a glimmer of a turnaround," Thompson said. "But that's up in the air right now. I don't see the catalyst on the horizon."
Since the beginning of 2007, Lake Forest, Ill.-based Brunswick Corp. -- which manufactures more than a dozen boat brands including Bayliner, Sea Ray and Hatteras -- closed or announced plans to mothball seven factories and laid off more than 1,300 workers as it realigns its business and cuts boat production by more than 10 percent.
The company's boat segment lost $81.4 million in 2007, weighed down by a hefty one-time charge and anemic sales.
"We're running our company as if 2008 is going to be down and when we get to midyear, we'll begin to look at 2009 and we'll do what we have to do," said Chief Executive Dustan McCoy.
The industry's downturn became particularly pronounced more than two years ago as the nation's housing sector began to falter and grew as each month progressed.
"We thought last fall that what was being experienced by the industry was as bad as it was going to get," said MarineMax's McGill. "(It) has actually gotten worse."
Until consumer confidence returns, industry executives said they're making an effort to reach out to customers, offering classes and excursions, focusing on overseas sales buoyed by the weak dollar, and developing fancy-featured new models in an effort to win back U.S. shoppers when consumer confidence grows.
"When a recession first hits, the boating industry -- like many of the other leisure industries -- is the first to get hit and the last to bounce back," said Scott, 57. "Until that happens, it's going to be a little slow around the marinas."
Brian Tinkler, general manager Sunset Marina in West Ocean City, Md., is preparing for a slow summer -- especially if the mid-Atlantic's fishing business is anything less than robust.
Already, Tinkler's seen customers ration boat trips and share expenses for a single boat, rather than taking trips with several boats at a time.
"If people know the fish are there, they'll pay the money for the fuel to go catch them. But they aren't going to pay the money to go on a wild goose chase for fish," he said.
Meanwhile, Tinkler's seeing his charter business ebb as fuel prices climb. Three years ago, his marina on Maryland's Eastern Shore chartered boats for between $800 and $1,500 a day. Now, a daylong rental for the same fleet costs $1,200 to $2,500.
Alex Laidlaw, a corporate vice president of Encino, Calif.-based Westrec Marinas, said he expects to see fewer smaller boats out on the water and fewer medium-sized boats, which can cost between $75,000 to several hundred thousand dollars -- departing from his company's 26 marinas.
"We're clearly going to see a slower summer," he said. "They're going to the boat, but the boat is staying at the dock."
With twin 75-gallon gas tanks -- and a fuel efficiency of just few miles per gallon -- Hixson, Tenn. insurance agent Gary Brown has no plans to keep his 32-foot cruiser "Gentle Persuasion" in its slip.
Instead, he's making plans to economize fuel as gas prices for marine fuel soar above $4 a gallon.
"I'll throttle back, consume gas a little better, and just take a little longer to get there," he said.
Al Ehrlich, a 67-year-old boater from Chicago is already scaling back what he spends on movies and other shows so he can afford to spend as much time as possible aboard his 45-foot boat "Adrenaline" when the ice on Lake Michigan thaws.
"I'm almost thinking of putting a sail on my boat to let the wind help me along," he joked.
But like most die-harder boaters who've invested as much in their boats as some people have in their houses, Ehrlich says he no plans to be landlocked.
"I have a large investment in mine, so I'm going to use it one way or another," he said. "I'm not going to let it sit."
Thanks to ASHLEY M. HEHER, The Associated Press for this.
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Rick Ostler, Bayliner Boats.
Wednesday, March 19, 2008
Bayliner Boats - Doral International up for Sale
Hi gang, Rick here again bringing you Bayliner Boats and news from the boating industry. It was recently reported in the Quebec newspaper Nouvelliste, that Doral International is for sale. In the article, the newspaper noted that Doral owner Erwin Zecha had decided to sell the company in December. Doral Executive Vice President Denis Jutras was interviewed and he said that 225 jobs are at stake.
Jutras added that a local group is looking to buy the factory in order to keep it in the region. "That's looking good," he told the paper. Jutras said that a slowing US economy and the strength of the Canadian dollar has hurt the company. "We have lost market share in the United States, with 20 per cent of our sales this year against 50 per cent previously," he said. "We are less competitive and even if the international market accounts for 60 per cent of our turnover, we cannot afford to lose the American market."
Jutras said that if the company remains in Grand-Mere, the labour unions must make concessions. "We are in negotiation and the employees have to understand that their jobs are in danger," he told the paper.
Boating Industry Canada spoke to Sandra Vigneux at Doral International. She corrected some information that had been reported elsewhere. “Our main goal is to save the 225 jobs here in the Grand-Mere facility,” she told us, “there was talk of American interests looking at the company but I am not aware of that. We are hoping that a local group can buy the company out and keep the plant and the jobs in Grand-Mere.”
“Also, we are talking about the cruiser division. This situation does not affect the sport boat facility in Midland, Ontario. I would like to add that Denis Jutra has been traveling and will return from the Dubai Show next week. He may have more to add at that time. I will tell you, our international sales remain strong. The Shawinigan area board and chambers of commerce are looking closely at this because there were many important jobs lost from another industry back at Christmas. None of us want to see more closures in this area, so we are really hopeful. At present, it is still business as usual with boats being built now but spring is coming and we need to resolve this quickly,” Vigneux stated. Thanks to Boating Industry Canada for this.
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Rick Ostler, Bayliner Boats.
Jutras added that a local group is looking to buy the factory in order to keep it in the region. "That's looking good," he told the paper. Jutras said that a slowing US economy and the strength of the Canadian dollar has hurt the company. "We have lost market share in the United States, with 20 per cent of our sales this year against 50 per cent previously," he said. "We are less competitive and even if the international market accounts for 60 per cent of our turnover, we cannot afford to lose the American market."
Jutras said that if the company remains in Grand-Mere, the labour unions must make concessions. "We are in negotiation and the employees have to understand that their jobs are in danger," he told the paper.
Boating Industry Canada spoke to Sandra Vigneux at Doral International. She corrected some information that had been reported elsewhere. “Our main goal is to save the 225 jobs here in the Grand-Mere facility,” she told us, “there was talk of American interests looking at the company but I am not aware of that. We are hoping that a local group can buy the company out and keep the plant and the jobs in Grand-Mere.”
“Also, we are talking about the cruiser division. This situation does not affect the sport boat facility in Midland, Ontario. I would like to add that Denis Jutra has been traveling and will return from the Dubai Show next week. He may have more to add at that time. I will tell you, our international sales remain strong. The Shawinigan area board and chambers of commerce are looking closely at this because there were many important jobs lost from another industry back at Christmas. None of us want to see more closures in this area, so we are really hopeful. At present, it is still business as usual with boats being built now but spring is coming and we need to resolve this quickly,” Vigneux stated. Thanks to Boating Industry Canada for this.
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Rick Ostler, Bayliner Boats.
Friday, March 14, 2008
Bayliner Boats - Palm Beach Boat Show
Hi gang, Rick here bringing you Bayliner Boats with news from the Palm Beach Boat Show. Producers of the 23rd Annual Palm Beach Boat Show, March 27-30, have added a third site to this year’s event, Show Management reported in a recent statement.
The new in-water location at the newly renovated Rybovich Marina will feature a collection of superyachts including the show’s largest yacht – the 147-foot Tooth Fairy. The venue allows the Palm Beach show to expand, offering customers a wider range of much larger yachts.
“We were elated when this magnificent site became available,” said Andrew Doole, vice president of Show Management. “Because of the deep drafts, far larger yachts than ever before can participate in the show. It’s something that many of our customers have been asking for, and now we have the perfect marina to host the multi-million dollar collection.”
Continuous free water shuttles connecting the Rybovich Marina and Flagler sites will be provided. Rybovich Marina joins the show’s other two sites – The Intracoastal Waterway and Flagler Drive and the Palm Beach County Convention Center.
Ginn sur Mer presents the 23rd Annual Palm Beach Boat Show, which is sponsored by KeyBank, co-sponsored by Yachts Magazine, The Palm Beach Post, 10 CANE, Budweiser, News Channel 12, The Gater 98.7FM, Power & Motoryacht, Hook The Future, Enterprise, Identity Travel and The Palm Beach Daily News, owned and sponsored by the Marine Industries Association of Palm Beach County and produced and managed by Show Management. Thanks to Boating Industry for this. For additional information, visit the show Web site at www.showmanagement.com.
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Rick Ostler, Bayliner Boats.
The new in-water location at the newly renovated Rybovich Marina will feature a collection of superyachts including the show’s largest yacht – the 147-foot Tooth Fairy. The venue allows the Palm Beach show to expand, offering customers a wider range of much larger yachts.
“We were elated when this magnificent site became available,” said Andrew Doole, vice president of Show Management. “Because of the deep drafts, far larger yachts than ever before can participate in the show. It’s something that many of our customers have been asking for, and now we have the perfect marina to host the multi-million dollar collection.”
Continuous free water shuttles connecting the Rybovich Marina and Flagler sites will be provided. Rybovich Marina joins the show’s other two sites – The Intracoastal Waterway and Flagler Drive and the Palm Beach County Convention Center.
Ginn sur Mer presents the 23rd Annual Palm Beach Boat Show, which is sponsored by KeyBank, co-sponsored by Yachts Magazine, The Palm Beach Post, 10 CANE, Budweiser, News Channel 12, The Gater 98.7FM, Power & Motoryacht, Hook The Future, Enterprise, Identity Travel and The Palm Beach Daily News, owned and sponsored by the Marine Industries Association of Palm Beach County and produced and managed by Show Management. Thanks to Boating Industry for this. For additional information, visit the show Web site at www.showmanagement.com.
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Rick Ostler, Bayliner Boats.
Thursday, March 13, 2008
Bayliner Boats - Samira Mumbai International Boat Show
Hi gang, Rick here with Bayliner Boats. Another successful Samira Mumbai International Boat Show 2008 (2nd Year) There was more than 60 exhibitors and 120 international brands on display.
The show was located in Mumbai, India. February 28 to March 02, 2008.
The SMIBS 2008 Boat Show Overview:
* Exhibition Area
Large self built stands promoting a wide range of small and medium sized boats, engines, water sports equipment and luxury product display spread over 10,000 sq. m. (1,07,639 sq. ft.) at the Bandra-Kurla Complex, Mumbai.
* On Water
Luxury yachts and boats including leading international brand names with over 30 boats on 100 metre floating pontoons off the historic Gateway of India.
* Conference
A one-day conference attended by over 200 delegates with key speakers from India and abroad on growth and prospects of the leisure boating industry.
* Boat Show Events
Press Conference, VIP Preview Evening, Networking Dinner, SMIBS Regatta and other sponsored events and shows.
For more information please go to the shows website
http://www.mumbaiboatshow.com/home.htm
Be sure to check out This Weeks Bayliner Video Update Here......
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Bayliner Boats - Tim Hortons Bayliner Winners
Hi gang, Rick here again from Bayliner Boats with the first winner of a Bayliner 185 Boat in the Tim Hortons. It was a prize-winning weekend for Trenton, as two residents cashed in big prizes.
Edith White received a shock Sunday night when her husband Tony Ellis rolled up her rim to be one of the first to claim a big prize. The devoted Tim Hortons coffee lover for the last 20 years (four or five visits a day), said she couldn't believe her ears when Ellis read out the prize to her - a boat.
White said she purchased the winning cup from the Tim Hortons Canadian Tire drive-thru, where on the previous day had won a free coffee.
The Bayliner boat is one of 100 up for grabs in the current contest. Meanwhile Trenton resident Patty Wood, claimed a prize of $25,000 after playing TETRIS.
Her winning ticket was purchased from Smoker's World on Dundas Street West in downtown Trenton. Thanks to intelligencer.ca for this.
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Rick Ostler, Bayliner Boats.
Edith White received a shock Sunday night when her husband Tony Ellis rolled up her rim to be one of the first to claim a big prize. The devoted Tim Hortons coffee lover for the last 20 years (four or five visits a day), said she couldn't believe her ears when Ellis read out the prize to her - a boat.
White said she purchased the winning cup from the Tim Hortons Canadian Tire drive-thru, where on the previous day had won a free coffee.
The Bayliner boat is one of 100 up for grabs in the current contest. Meanwhile Trenton resident Patty Wood, claimed a prize of $25,000 after playing TETRIS.
Her winning ticket was purchased from Smoker's World on Dundas Street West in downtown Trenton. Thanks to intelligencer.ca for this.
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Be sure to check out this weeks latest Bayliner Boat Videos Here:
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Rick Ostler, Bayliner Boats.
Bayliner Boats - Night Riders
Hi gang, Rick here from Bayliner Boats with an interesting article about Night Riders, Border Patrol agents take to the ocean. Increase in water 'crossings' seen in last few years.
SAN DIEGO ---- It's dark and still in the harbor. All other boats are
docked, and sensibly so ---- it's a touch above 50 degrees and just before
11 p.m. on a Wednesday night in February.
But Keley Hill, director of marine operations for the U.S. Customs and
Border Protection's Air and Marine Branch in San Diego, and seven colleagues
are geared up for a night at sea. It's going to be bitter cold, and they're
dressed for it: ski goggles, face masks, down jackets and winter gloves.
In three daily shifts at all hours of day and night, year-round, Marine
Interdiction agents patrol U.S. waters off San Diego, Hill said. Their goal:
Enforce the liquid border separating the U.S. from Mexico.
That invisible border at sea has become an increasingly popular crossing
spot for smugglers carrying illegal immigrants and illegal drugs. In 2007,
Marine Interdiction agents intercepted 17 boats at sea and took 85 people
into custody, said public affairs officer Juan Munoz-Torres. That's up from
nine boats, and 29 people, caught at sea in 2006, he said.
The increase in smugglers, and the seemingly more brazen nature of the
journeys, can be traced to improved enforcement of the land border by Border
Patrol agents and National Guard troops, Hill said.
"It's like a tube of toothpaste," he said. "You squeeze one place, they'll
go another place."
Enrique Morones, president and founder of Border Angels, a San Diego-based
immigrants' rights nonprofit, agreed that the water crossings are a sign of
desperation after security at the land borders has tightened so
dramatically.
"People are crossing this way because there's no other way in," he said. And
they're often not aware they'll be heading in by sea.
"People aren't planning to cross by ocean," he said, "but they get there and
the coyotes say this is how you're going to do it."
Trends point to a longer smuggling season and longer routes into the
country, officials said.
Between August and October of last year, at least five suspected smuggler
boats washed ashore on North County beaches ---- three in La Jolla, two in
Del Mar ---- Munoz-Torres said.
But smuggler traffic used to stop after August, said Lauren Mack, public
information officer with U.S. Immigration and Customs Enforcement in San
Diego.
"What caught our eye was that a criminal smuggling operation was moving into
the off-season, when we typically see a decrease," she said.
And the North County landings signaled longer journeys in, Munoz-Torres
said. Previously, the smugglers "would go one mile out to sea, turn toward
the coast and land in San Diego," he said. But beefed-up staffing since last
summer has put more Marine Interdiction agents and boats on the water, he
said, and led to a longer arc by smugglers.
"Now they go 10, 15, 20 miles before they turn, so they end up further
north," Munoz-Torres said.
Typically, the smugglers cross at night, Hill said. They dare the choppy
ocean waves in boats bought at auction for about $1,500, he said. The boats
usually are half as long and a tenth as powerful as the 39-foot,
900-horsepower "go-fast boats" the agents drive. And the smugglers aren't
typically deterred by fog, cold or rain.
"There are times when it's just jaw-dropping," Hill said of some of his
encounters with smuggler boats. "I tell them, 'I can't believe you're out
here.' "
*No more "mom-and-pop" smugglers *
The increased demand has driven up prices, Hill said, and made it a more
lucrative ---- and competitive ---- enterprise. Just two years ago, he said,
the going rate was about $900 per rider. Now, he said it's between $2,400
and $4,400.
The boats usually carry four to eight immigrants, Hill said, giving
smugglers a profit ranging from $10,000 to $35,000 for a night's journey.
That has brought more sophisticated smuggler networks into the market, said
Pedro Rios, director of the American Friends Service Committee of San Diego,
a group that monitors public policy regarding border issues.
"What used to be a mom-and-pop operation has become more entangled with
underground criminal networks," he said.
Mack agreed. The Immigration and Customs Enforcement Department opened an
investigation last August into the criminal networks it believes are
operating much of the smuggling activities.
"We're attempting to locate the ringleaders," she said.
The investigation continues, but the department has made at least two
arrests at sea so far. Both persons, Dale Stamper and Scott Leo Paul, are
U.S. citizens.
Paul, 51, was arrested by Marine Interdiction agents June 23.
He was driving a 16-foot 1989 Bayliner boat with five Mexican residents
aboard, according to court documents.
The Mexicans told Immigrations and Customs Enforcement agents that they were
planning to pay him between $4,000 and $4,500 each for entry into the U.S.,
court documents show.
Paul pleaded guilty to two felony counts of bringing in illegal aliens for
financial gain and was sentenced in December to a year and a day in federal
prison, according to court documents.
Stamper was stopped by Marine Interdiction agents while driving a 19-foot
boat without running lights just past midnight Nov. 15, according to court
documents. With him were five Mexican citizens alleged to be entering the
U.S. illegally.
With Stamper in the custody of Immigrations and Customs Enforcement, an
agent accepted a call on the suspect's cell phone, according to a criminal
indictment against him.
Posing as Stamper, the agent arranged a meeting later that morning with two
men, Oscar Eduardo Prudencio and Hugo Israel Rodriguez-Arzate, in a bathroom
at Pepper Park in San Diego.
The men believed they were going to meet the Mexican citizens, the
indictment alleges. Instead, they were met ---- and arrested by ---- the
federal Immigrations and Customs Enforcement officer.
Stamper, Prudencio and Rodriguez-Arzate were indicted in U.S. District Court
in San Diego in January on multiple felony counts of bringing in illegal
aliens for financial gain, among other charges.
The two cases reveal a larger truth about the changed nature of human
smuggling, according to Rios.
"I think that at the point you have U.S. citizens involved there's a certain
level of sophistication," he said.
*No margin for error *
"Make sure your clothing's secure or you'll lose it," Marine Interdiction
agent Jeremy Thompson announced just before Hill gunned the engine that
chilly February night.
Within seconds, the 39-foot "Midnight Express" boat was skipping over 4-foot
waves at full throttle. The pyramid-topped skyscrapers and sandstone cliffs
of downtown San Diego faded from view. Darkness took over.
"Just keep your knees flexed and try to absorb the impact on your spine,"
Thompson said as the boat thudded over the waves.
Hill stopped about a mile out from the harbor. He met up with a Coast Guard
boat ---- the two agencies work closely together ---- for a quick briefing,
then sat in waiting. The boat sloshed around in the swells. The smugglers
often bob in the waves, Hill said, nestling in to avoid detection.
The great majority of intercepts happen 12 miles out and in, Thompson said,
but there's no pattern to where along the coast they catch up with the
smugglers.
"We'll go north, we'll go west, we'll go south," he said. "It just depends."
They rely on a variety of intelligence-gathering techniques on land, at sea
and by air to locate smuggler boats, Hill said.
But one thing gives the smuggler boats away, Hill said: no running lights.
Fishing boats, yachts and all other legal seagoing vessels drive with lights
on for safety. Smuggler boats usually drive without lights to avoid
detection but, ironically, attract it, he said.
The smugglers tend to flee initially, he said, before resigning to their
fate.
"This is what we do for a living," he said, "so not many people are going to
outdrive us."
Thompson said the smugglers operate with no regard for safety.
"These guys are putting (their passengers) at risk by doing this," he said.
"These boats could break apart at any time because they're not worth
anything."
Hill agreed, saying that despite 17 years as a professional, trained pilot
of oceangoing vessels, "I'm still learning things every day."
And he acknowledged that the daily patrols in ocean swells takes its toll on
the agents, as well.
"I love this job, but I've probably paid for my chiropractor's Land Rover
and my orthopedic surgeon's Porsche," he joked.
Thanks to staff writer Dan Simmons at nctimes.com for this.
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SAN DIEGO ---- It's dark and still in the harbor. All other boats are
docked, and sensibly so ---- it's a touch above 50 degrees and just before
11 p.m. on a Wednesday night in February.
But Keley Hill, director of marine operations for the U.S. Customs and
Border Protection's Air and Marine Branch in San Diego, and seven colleagues
are geared up for a night at sea. It's going to be bitter cold, and they're
dressed for it: ski goggles, face masks, down jackets and winter gloves.
In three daily shifts at all hours of day and night, year-round, Marine
Interdiction agents patrol U.S. waters off San Diego, Hill said. Their goal:
Enforce the liquid border separating the U.S. from Mexico.
That invisible border at sea has become an increasingly popular crossing
spot for smugglers carrying illegal immigrants and illegal drugs. In 2007,
Marine Interdiction agents intercepted 17 boats at sea and took 85 people
into custody, said public affairs officer Juan Munoz-Torres. That's up from
nine boats, and 29 people, caught at sea in 2006, he said.
The increase in smugglers, and the seemingly more brazen nature of the
journeys, can be traced to improved enforcement of the land border by Border
Patrol agents and National Guard troops, Hill said.
"It's like a tube of toothpaste," he said. "You squeeze one place, they'll
go another place."
Enrique Morones, president and founder of Border Angels, a San Diego-based
immigrants' rights nonprofit, agreed that the water crossings are a sign of
desperation after security at the land borders has tightened so
dramatically.
"People are crossing this way because there's no other way in," he said. And
they're often not aware they'll be heading in by sea.
"People aren't planning to cross by ocean," he said, "but they get there and
the coyotes say this is how you're going to do it."
Trends point to a longer smuggling season and longer routes into the
country, officials said.
Between August and October of last year, at least five suspected smuggler
boats washed ashore on North County beaches ---- three in La Jolla, two in
Del Mar ---- Munoz-Torres said.
But smuggler traffic used to stop after August, said Lauren Mack, public
information officer with U.S. Immigration and Customs Enforcement in San
Diego.
"What caught our eye was that a criminal smuggling operation was moving into
the off-season, when we typically see a decrease," she said.
And the North County landings signaled longer journeys in, Munoz-Torres
said. Previously, the smugglers "would go one mile out to sea, turn toward
the coast and land in San Diego," he said. But beefed-up staffing since last
summer has put more Marine Interdiction agents and boats on the water, he
said, and led to a longer arc by smugglers.
"Now they go 10, 15, 20 miles before they turn, so they end up further
north," Munoz-Torres said.
Typically, the smugglers cross at night, Hill said. They dare the choppy
ocean waves in boats bought at auction for about $1,500, he said. The boats
usually are half as long and a tenth as powerful as the 39-foot,
900-horsepower "go-fast boats" the agents drive. And the smugglers aren't
typically deterred by fog, cold or rain.
"There are times when it's just jaw-dropping," Hill said of some of his
encounters with smuggler boats. "I tell them, 'I can't believe you're out
here.' "
*No more "mom-and-pop" smugglers *
The increased demand has driven up prices, Hill said, and made it a more
lucrative ---- and competitive ---- enterprise. Just two years ago, he said,
the going rate was about $900 per rider. Now, he said it's between $2,400
and $4,400.
The boats usually carry four to eight immigrants, Hill said, giving
smugglers a profit ranging from $10,000 to $35,000 for a night's journey.
That has brought more sophisticated smuggler networks into the market, said
Pedro Rios, director of the American Friends Service Committee of San Diego,
a group that monitors public policy regarding border issues.
"What used to be a mom-and-pop operation has become more entangled with
underground criminal networks," he said.
Mack agreed. The Immigration and Customs Enforcement Department opened an
investigation last August into the criminal networks it believes are
operating much of the smuggling activities.
"We're attempting to locate the ringleaders," she said.
The investigation continues, but the department has made at least two
arrests at sea so far. Both persons, Dale Stamper and Scott Leo Paul, are
U.S. citizens.
Paul, 51, was arrested by Marine Interdiction agents June 23.
He was driving a 16-foot 1989 Bayliner boat with five Mexican residents
aboard, according to court documents.
The Mexicans told Immigrations and Customs Enforcement agents that they were
planning to pay him between $4,000 and $4,500 each for entry into the U.S.,
court documents show.
Paul pleaded guilty to two felony counts of bringing in illegal aliens for
financial gain and was sentenced in December to a year and a day in federal
prison, according to court documents.
Stamper was stopped by Marine Interdiction agents while driving a 19-foot
boat without running lights just past midnight Nov. 15, according to court
documents. With him were five Mexican citizens alleged to be entering the
U.S. illegally.
With Stamper in the custody of Immigrations and Customs Enforcement, an
agent accepted a call on the suspect's cell phone, according to a criminal
indictment against him.
Posing as Stamper, the agent arranged a meeting later that morning with two
men, Oscar Eduardo Prudencio and Hugo Israel Rodriguez-Arzate, in a bathroom
at Pepper Park in San Diego.
The men believed they were going to meet the Mexican citizens, the
indictment alleges. Instead, they were met ---- and arrested by ---- the
federal Immigrations and Customs Enforcement officer.
Stamper, Prudencio and Rodriguez-Arzate were indicted in U.S. District Court
in San Diego in January on multiple felony counts of bringing in illegal
aliens for financial gain, among other charges.
The two cases reveal a larger truth about the changed nature of human
smuggling, according to Rios.
"I think that at the point you have U.S. citizens involved there's a certain
level of sophistication," he said.
*No margin for error *
"Make sure your clothing's secure or you'll lose it," Marine Interdiction
agent Jeremy Thompson announced just before Hill gunned the engine that
chilly February night.
Within seconds, the 39-foot "Midnight Express" boat was skipping over 4-foot
waves at full throttle. The pyramid-topped skyscrapers and sandstone cliffs
of downtown San Diego faded from view. Darkness took over.
"Just keep your knees flexed and try to absorb the impact on your spine,"
Thompson said as the boat thudded over the waves.
Hill stopped about a mile out from the harbor. He met up with a Coast Guard
boat ---- the two agencies work closely together ---- for a quick briefing,
then sat in waiting. The boat sloshed around in the swells. The smugglers
often bob in the waves, Hill said, nestling in to avoid detection.
The great majority of intercepts happen 12 miles out and in, Thompson said,
but there's no pattern to where along the coast they catch up with the
smugglers.
"We'll go north, we'll go west, we'll go south," he said. "It just depends."
They rely on a variety of intelligence-gathering techniques on land, at sea
and by air to locate smuggler boats, Hill said.
But one thing gives the smuggler boats away, Hill said: no running lights.
Fishing boats, yachts and all other legal seagoing vessels drive with lights
on for safety. Smuggler boats usually drive without lights to avoid
detection but, ironically, attract it, he said.
The smugglers tend to flee initially, he said, before resigning to their
fate.
"This is what we do for a living," he said, "so not many people are going to
outdrive us."
Thompson said the smugglers operate with no regard for safety.
"These guys are putting (their passengers) at risk by doing this," he said.
"These boats could break apart at any time because they're not worth
anything."
Hill agreed, saying that despite 17 years as a professional, trained pilot
of oceangoing vessels, "I'm still learning things every day."
And he acknowledged that the daily patrols in ocean swells takes its toll on
the agents, as well.
"I love this job, but I've probably paid for my chiropractor's Land Rover
and my orthopedic surgeon's Porsche," he joked.
Thanks to staff writer Dan Simmons at nctimes.com for this.
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Rick Ostler, Bayliner Boats.
Friday, February 29, 2008
Bayliner Boats - Blue Ribbon Recipes Cookbook
Hi gang, Rick here from Bayliner Boats with a great cookbook free giveaway for all our readers. Blue Ribbon Recipes Cookbook, 490 Award Winning Recipes is the very best of recipes from state fairs around the country.
From cakes and cookies and breads to jellys and main dishes this one cookbook has it all and you can't go wrong with a recipe that has been a winner in a state fair competition.
Inside you will find recipes from the past as well as some of the newest creations that will surely please your family and friends. Take a look at just some of the recipes you will find in this jam-packed eBook:
Blue Ribbon Recipes, download your FREE Copy Now......
Gingerbread Bears
Apple Pie Grand Champion
Swedish Spice Cookies
Joan's Little Joys
A To Z Veggie Casserole
Alaskan Snow Pie
Almond Wow!! Pound Cake
Aloha Cake
Angel Pie
Annette's Chocolate Bars
Apple Bread
Apple Harvest Blondies
Apple Strudel
Apricot Pie
Artichoke Crab Paella
Autumn Glory Pie
Baby Artichokes And Sausage Rigatoni
Baby Cradles
Baby Nathan Bars
Baked Chicken With Banana Stuffing
Baklava
Banana A La Creole
Banana And Bacon Skewer
Banana Au Gratin
Banana Bisque
Banana Bread
Banana Cream Pie
Banana En Casserole
This is just a sample of the great recipes you will find in Blue Ribbon Recipes, 490 Award Winning Recipes. Don't waste your time on recipes you aren't sure about. Get Blue Ribbon Recipes, 490 Award Winning Recipes today for only 14.97!
We managed to obtain this e-book free for our readers for a limited time. Grab a copy now. Tell your family and friends to grab a copy as well.......Enjoy!
Blue Ribbon Recipes, download your FREE Copy Now......
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Rick Ostler, Bayliner Boats.
Bayliner Boats - Sea Ray Eliminates 350 Jobs
Hi Gang, Rick here from Bayliner Boats with more tough news coming out of the boating industry. Sea Ray Boats will eliminate 350 jobs by midyear at its Merritt Island plant because of slumping demand for boats, the company said Thursday.
That will leave Sea Ray with about 850 employees at its Merritt Island campus, said Dan Kubera, director of media relations and corporation communications for Lake Forest, Ill.-based Brunswick Corp., Sea Ray's parent company.
Sea Ray will stop production of some boat models on Merritt Island after June, and move production of those models to its plant in Palm Coast and its two plants in Knoxville, Tenn., Kubera said.
Sea Ray said it anticipates adding 270 jobs at the Palm Coast and Knoxville plants to handle the additional models, resulting in a net loss of 80 company jobs related to the 350-person Merritt Island staff reduction.
"The Sea Ray and Merritt Island leadership teams will be working diligently to transfer as many employees as possible and practical between the various Sea Ray manufacturing facilities and other Brunswick Boat Group locations," the company said in a statement.
"For those employees who do not have the opportunity or do not wish to transfer, severance will be provided," the company said. Sea Ray told employees about the job cuts Thursday.
"This difficult decision was reached in part because of the continuing challenging U.S. marine market, which since late 2005 has experienced very soft demand," the company said.
"Based on various indicators, Sea Ray expects that demand will further weaken during 2008, and is taking measures to decrease its production to better control the supply of boats in the marine pipeline," the statement added.
"This must be done to protect the overall health of the business, as well as that of Sea Ray dealers."
The part of the Merritt Island campus that will be affected by the job cuts -- both hourly and salaried positions -- is called the Merritt Island Manufacturing Facility.
The company does not plan to sell the facility, and eventually may find another use for it, Kubera said.
Siutated off State Road 528 and North Courtenay Parkway, the Sea Ray campus also has two other parts -- the Sykes Creek Plant and a Production Development and Engineering facility -- that will not be affected, according to Kubera.
He said Sea Ray will continue to produce its larger boats at the Sykes Creek Plant since that segment of the market has not been hurt as much as the segment for smaller boats.
Kubera said moving production of some models from Merritt Island to Palm Coast and Knoxville offers some logistical advantages for the company.
The job cuts are "no reflection on the abilities and performance of the Merritt Island work force," the company said.
"It is, however, a necessary decision forced upon Sea Ray by one of the most challenging times ever seen in the history of the U.S. marine industry."
The company said this decision "has no further impact on other Sea Ray or Brunswick Boat Group manufacturing locations in Florida, including those at Sykes Creek and Edgewater."
Sea Ray has had a manufacturing presence on Merritt Island since 1972, Kubera said.
Thanks to FLORIDA TODAY staff writer Wayne T. for this story.
Contact Blake at 242-3644 or sblake@floridatoday.com.
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Rick Ostler, Bayliner Boats.
That will leave Sea Ray with about 850 employees at its Merritt Island campus, said Dan Kubera, director of media relations and corporation communications for Lake Forest, Ill.-based Brunswick Corp., Sea Ray's parent company.
Sea Ray will stop production of some boat models on Merritt Island after June, and move production of those models to its plant in Palm Coast and its two plants in Knoxville, Tenn., Kubera said.
Sea Ray said it anticipates adding 270 jobs at the Palm Coast and Knoxville plants to handle the additional models, resulting in a net loss of 80 company jobs related to the 350-person Merritt Island staff reduction.
"The Sea Ray and Merritt Island leadership teams will be working diligently to transfer as many employees as possible and practical between the various Sea Ray manufacturing facilities and other Brunswick Boat Group locations," the company said in a statement.
"For those employees who do not have the opportunity or do not wish to transfer, severance will be provided," the company said. Sea Ray told employees about the job cuts Thursday.
"This difficult decision was reached in part because of the continuing challenging U.S. marine market, which since late 2005 has experienced very soft demand," the company said.
"Based on various indicators, Sea Ray expects that demand will further weaken during 2008, and is taking measures to decrease its production to better control the supply of boats in the marine pipeline," the statement added.
"This must be done to protect the overall health of the business, as well as that of Sea Ray dealers."
The part of the Merritt Island campus that will be affected by the job cuts -- both hourly and salaried positions -- is called the Merritt Island Manufacturing Facility.
The company does not plan to sell the facility, and eventually may find another use for it, Kubera said.
Siutated off State Road 528 and North Courtenay Parkway, the Sea Ray campus also has two other parts -- the Sykes Creek Plant and a Production Development and Engineering facility -- that will not be affected, according to Kubera.
He said Sea Ray will continue to produce its larger boats at the Sykes Creek Plant since that segment of the market has not been hurt as much as the segment for smaller boats.
Kubera said moving production of some models from Merritt Island to Palm Coast and Knoxville offers some logistical advantages for the company.
The job cuts are "no reflection on the abilities and performance of the Merritt Island work force," the company said.
"It is, however, a necessary decision forced upon Sea Ray by one of the most challenging times ever seen in the history of the U.S. marine industry."
The company said this decision "has no further impact on other Sea Ray or Brunswick Boat Group manufacturing locations in Florida, including those at Sykes Creek and Edgewater."
Sea Ray has had a manufacturing presence on Merritt Island since 1972, Kubera said.
Thanks to FLORIDA TODAY staff writer Wayne T. for this story.
Contact Blake at 242-3644 or sblake@floridatoday.com.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Be sure to check out this weeks latest Bayliner Boat Videos Here:
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Wednesday, February 27, 2008
Bayliner Boats - Minnesota State New Policy for Docks.
Hi gang, Rick here from Bayliner Boats with a new policy opens the way for owners to erect large platforms at the ends of docks in Minnesota. The state's new limit on the size of docks on lakes isn't floating well with either critics of supersized platform docks or property owners who want to build them.
On Jan. 23, the Department of Natural Resources decreed that for the next five years, property owners can build decks up to 170 square feet, or larger if they show special needs and apply for individual permits.
The action was taken in response to concerns that docks were becoming far more than places to board boats or to wet a line. Those who want larger spaces say that platforms on the end of docks can provide extra safety for children and the elderly, and can be used for dinner parties and family recreation.
Opponents contend that platforms ruin the appearance of lakeshores, disrupt aquatic ecosystems and prevent the public from fishing near shorelines.
"It seems to me that if we do not want one of these large platforms in front of every lake lot in our state, then we shouldn't put in place a law that allows that to occur," said Sen. Mary Olson, DFL-Bemidji, who says the new DNR decision must be challenged.
But Rep. Denny McNamara, R-Hastings and a cabin owner on the Whitefish chain between Pequot Lakes and Crosslake, said that dock platforms are not a problem. "I don't see that there's a lot to be gained by spending a lot of time on this," he said. The DNR needs to focus on the more important issues of invasive species, shoreland protection and habitat improvement, McNamara said.
Complex, emotional issue
DNR assistant commissioner Larry Kramka met for two hours last Tuesday with an attorney representing lakeshore property owners who say they have the right to build even larger docks than the agency has just approved. The issue is complex and emotional, Kramka said. "It strikes at the heart of who we are as Minnesotans," he said.
Since 2002, the DNR has forbidden docks more than 8 feet wide, but property owners, especially on Lake Minnetonka, Gull Lake and the Whitefish chain, have begun to combine dock sections to make decks that in some cases cover 250 to 400 square feet.
Last year the DNR issued a moratorium on enforcing the 2002 dock rule until it received more information to decide what limits to place on dock platform sizes.
A 19-member committee that met three times in November didn't reach agreement about the maximum dock size that should be allowed. But members were united in one respect: They wanted the DNR to begin writing a new dock rule immediately based on scientific advice and public testimony.
DNR took different course
DNR officials passed over that recommendation and issued what is essentially a blanket permit, instead of writing new rules. Staff and money are already committed to other rulemaking projects, DNR waters division director Kent Lokkesmoe said, so a new dock rule is at least three or four years off.
Lokkesmoe said that the agency came up with a reasonable compromise. "Typically when there's lots of people unhappy on both sides, we may be on the right spot," he said.
Lokkesmoe estimated that 5 percent of the dock platforms in the state are larger than the DNR's new size limit and will need to be downsized or reconfigured. However, DNR has done no survey of dock platforms and no one really knows the extent of their popularity.
Dann Siems, a dock committee member and an aquatic biologist for the Beltrami County Soil and Water Conservation District, said that the DNR's decision is neither reasonable nor a compromise. The agency "caved in to the wishes of the well-heeled few and compromised its mission to protect the public waters," Siems said.
In 2 decades, many changes
Twenty years ago lakeshore owners typically had a narrow dock that could accommodate one or two boats, said Siems. Today it's not uncommon for wealthy lakeshore owners to have a fishing boat, a pontoon, a speedboat for waterskiing, and a couple of personal watercraft, he said, some or all of them covered by canopies.
All of those boats, docks and accessories cover more than a third of the near-shore area on some lakes, Siems said, fragmenting and damaging critical weedy habitat needed by small fish to grow and mature. The shading also kills rooted aquatic plants, he said, and allows them to be replaced by harmful algae.
Supporters of the big docks disagree. McNamara said that allowing modest decks at the end of docks allows safer loading of boats, especially for elderly passengers, and it frees up shoreland and beach space for natural vegetation that can prevent erosion and stop lawn chemicals from washing into lake shallows.
Owners must speak up
Gary Johnson, another dock committee member and marketing manager for Shoremaster Inc., a dock manufacturer in Fergus Falls, questioned whether the DNR examined data that he and others provided about dock platforms and their benefits. He said that if anyone wants to advocate for larger dock sizes, it will need to be lakeshore owners, not dock manufacturers.
"It certainly may have an impact on our business, but we're not going to go out and try to change the laws over this," he said.
Olson said the situation is headed for additional conflict if the DNR continues to allow large platforms for the next five years instead of starting to write new rules based on solid numbers and sound science.
"Otherwise we're going to dramatically change the appearance of our shoreline in a way that's not helpful to the health of our waters," she said, "at the same time that we're trying to clean up our lakes and improve our water quality."
Thanks to Tom Meersman, Star Tribune and Librarian Roberta Hovde who contributed to this article.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
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Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
On Jan. 23, the Department of Natural Resources decreed that for the next five years, property owners can build decks up to 170 square feet, or larger if they show special needs and apply for individual permits.
The action was taken in response to concerns that docks were becoming far more than places to board boats or to wet a line. Those who want larger spaces say that platforms on the end of docks can provide extra safety for children and the elderly, and can be used for dinner parties and family recreation.
Opponents contend that platforms ruin the appearance of lakeshores, disrupt aquatic ecosystems and prevent the public from fishing near shorelines.
"It seems to me that if we do not want one of these large platforms in front of every lake lot in our state, then we shouldn't put in place a law that allows that to occur," said Sen. Mary Olson, DFL-Bemidji, who says the new DNR decision must be challenged.
But Rep. Denny McNamara, R-Hastings and a cabin owner on the Whitefish chain between Pequot Lakes and Crosslake, said that dock platforms are not a problem. "I don't see that there's a lot to be gained by spending a lot of time on this," he said. The DNR needs to focus on the more important issues of invasive species, shoreland protection and habitat improvement, McNamara said.
Complex, emotional issue
DNR assistant commissioner Larry Kramka met for two hours last Tuesday with an attorney representing lakeshore property owners who say they have the right to build even larger docks than the agency has just approved. The issue is complex and emotional, Kramka said. "It strikes at the heart of who we are as Minnesotans," he said.
Since 2002, the DNR has forbidden docks more than 8 feet wide, but property owners, especially on Lake Minnetonka, Gull Lake and the Whitefish chain, have begun to combine dock sections to make decks that in some cases cover 250 to 400 square feet.
Last year the DNR issued a moratorium on enforcing the 2002 dock rule until it received more information to decide what limits to place on dock platform sizes.
A 19-member committee that met three times in November didn't reach agreement about the maximum dock size that should be allowed. But members were united in one respect: They wanted the DNR to begin writing a new dock rule immediately based on scientific advice and public testimony.
DNR took different course
DNR officials passed over that recommendation and issued what is essentially a blanket permit, instead of writing new rules. Staff and money are already committed to other rulemaking projects, DNR waters division director Kent Lokkesmoe said, so a new dock rule is at least three or four years off.
Lokkesmoe said that the agency came up with a reasonable compromise. "Typically when there's lots of people unhappy on both sides, we may be on the right spot," he said.
Lokkesmoe estimated that 5 percent of the dock platforms in the state are larger than the DNR's new size limit and will need to be downsized or reconfigured. However, DNR has done no survey of dock platforms and no one really knows the extent of their popularity.
Dann Siems, a dock committee member and an aquatic biologist for the Beltrami County Soil and Water Conservation District, said that the DNR's decision is neither reasonable nor a compromise. The agency "caved in to the wishes of the well-heeled few and compromised its mission to protect the public waters," Siems said.
In 2 decades, many changes
Twenty years ago lakeshore owners typically had a narrow dock that could accommodate one or two boats, said Siems. Today it's not uncommon for wealthy lakeshore owners to have a fishing boat, a pontoon, a speedboat for waterskiing, and a couple of personal watercraft, he said, some or all of them covered by canopies.
All of those boats, docks and accessories cover more than a third of the near-shore area on some lakes, Siems said, fragmenting and damaging critical weedy habitat needed by small fish to grow and mature. The shading also kills rooted aquatic plants, he said, and allows them to be replaced by harmful algae.
Supporters of the big docks disagree. McNamara said that allowing modest decks at the end of docks allows safer loading of boats, especially for elderly passengers, and it frees up shoreland and beach space for natural vegetation that can prevent erosion and stop lawn chemicals from washing into lake shallows.
Owners must speak up
Gary Johnson, another dock committee member and marketing manager for Shoremaster Inc., a dock manufacturer in Fergus Falls, questioned whether the DNR examined data that he and others provided about dock platforms and their benefits. He said that if anyone wants to advocate for larger dock sizes, it will need to be lakeshore owners, not dock manufacturers.
"It certainly may have an impact on our business, but we're not going to go out and try to change the laws over this," he said.
Olson said the situation is headed for additional conflict if the DNR continues to allow large platforms for the next five years instead of starting to write new rules based on solid numbers and sound science.
"Otherwise we're going to dramatically change the appearance of our shoreline in a way that's not helpful to the health of our waters," she said, "at the same time that we're trying to clean up our lakes and improve our water quality."
Thanks to Tom Meersman, Star Tribune and Librarian Roberta Hovde who contributed to this article.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Be sure to check out this weeks latest Bayliner Boat Videos Here:
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Bayliner Boats - Get Ready to Rrroll Canada!
Hi gang, Rick here with Bayliner Boats announcing..........Get Ready to Rrroll Canada!
Rrroll Up The Rim To Win(R) Is Back at Tim Hortons
OAKVILLE, ON, Feb. 25 /CNW/ - It's Roll Up The Rim To Win time at Tim
Hortons! With even more great prizes available to be won, this year's contest
is a fun way to get a chance to win an added treat with your morning coffee.
This year, Tim Hortons has also created a special Rrroll Up The Rim To Win
promotion for military personnel serving in Kandahar, Afghanistan.
Roll Up The Rim To Win North America
------------------------------------
During the contest, customers in Canada who buy a medium, large or extra
large hot beverage at Tim Hortons have a chance to win one of over 31 million
available prizes. This year's prizes include:
35 2009 Toyota Matrix XR AWD - 5 more cars then last year!
100 Bayliner Boats
5,000 Garmin Navigation devices (preloaded with Tim Hortons locations)
20,000 $50 Special Edition Tim Cards
Over 31 million food prizes!
The Roll Up The Rim To Win contest runs while cup supplies last. Prizes
may be claimed until May 25th, 2008. Contest rules and regulations, prizing
information and winner counts can be found at participating Tim Hortons
locations or at
www.rolluptherimtowin.com
Roll Up The Rim To Win Kandahar
-------------------------------
In Kandahar, at the NATO military base, military customers will be
rolling up the rim of a specially designed camouflage contest cup. Prizes
include:
5 x $1000 Cash
100 Garmin eTrex Vista Navigation devices
1000 Special Edition Kandahar Tim Hortons Caps
Over 6000 food prizes
Many of Tim Hortons generous promotion partners contributed to Roll Up
The Rim in Kandahar in support of the troops.
ABOUT TIM HORTONS
Tim Hortons opened its first store in Hamilton, Ontario, Canada in 1964.
Since then, it has grown to become the fourth largest publicly-traded quick
service restaurant chain in North America based on market capitalization, and
the largest in Canada. Tim Hortons appeals to a broad range of consumer
tastes, with a menu that includes coffee and donuts, premium coffees, flavored
cappuccinos, specialty teas, home-style soups, fresh sandwiches and fresh
baked goods. As of December 30, 2007, Tim Hortons had 3221 system-wide
restaurants, including 2,823 in Canada and 398 in the United States. More
information about the Company is available at timhortons.com.
This Weeks Bayliner Video Update Here......
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Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Tuesday, February 19, 2008
Bayliner Boats - Pro-clean Canada Opens a New Franchise in BC
Hi gang, Rick here again from Bayliner Boats. G R Pro-clean Canada Has Opened a New Franchise in the Kootenay's. G R Pro-clean Canada, the specialist boat cleaning company for all new and pre-owned fiberglass boats has opened a new franchise location in Cranbrook, B.C. covering the Kootenays. This continues the expansion of the company’s mobile service which also covers Vancouver Islandand Metro Vancouver.
Chris Wood the new Kootenays franchisee, says “I purchased my first boat 37 years ago and have been playing with them ever since. Boats are definitely my passion!” Chris has operated his engine rebuilding business, Chris Wood Engines, in Cranbrook since 1997.
Nick Webster, of G R Pro-clean Canada, says “We are very pleased to have Chris join us and expand our services across BC, which signifies our ongoing commitment to being the boat cleaning company of choice for Canadian boaters.”
G R Pro-clean’s treatment system uses cleaning agents that get deeply into the pores and remove the dirt, without damaging the gelcoat. Once clean, a synthetic ‘wax’ is applied to the surface producing a highly polished finish which is stain and UV light resistant. New boats are protected from day one whilst colour and shine is restored to pre-owned boats.
An example price for G R Pro-clean’s services would be $483 for the hull of a 22-foot boat to $1025 for the whole boat. G R Pro-clean operates inEurope, the United States, the Caribbean and Australia, and claims to be the only global yacht care service. For more information
contact:G R Pro-clean Canada Ltd, Tel: 250 390 7521 / 604 947 0214
Thanks to Boating Industry Canada for this.
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Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Chris Wood the new Kootenays franchisee, says “I purchased my first boat 37 years ago and have been playing with them ever since. Boats are definitely my passion!” Chris has operated his engine rebuilding business, Chris Wood Engines, in Cranbrook since 1997.
Nick Webster, of G R Pro-clean Canada, says “We are very pleased to have Chris join us and expand our services across BC, which signifies our ongoing commitment to being the boat cleaning company of choice for Canadian boaters.”
G R Pro-clean’s treatment system uses cleaning agents that get deeply into the pores and remove the dirt, without damaging the gelcoat. Once clean, a synthetic ‘wax’ is applied to the surface producing a highly polished finish which is stain and UV light resistant. New boats are protected from day one whilst colour and shine is restored to pre-owned boats.
An example price for G R Pro-clean’s services would be $483 for the hull of a 22-foot boat to $1025 for the whole boat. G R Pro-clean operates inEurope, the United States, the Caribbean and Australia, and claims to be the only global yacht care service. For more information
contact:G R Pro-clean Canada Ltd, Tel: 250 390 7521 / 604 947 0214
Thanks to Boating Industry Canada for this.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Bayliner Boats - Miami International Boat Show Report
Hi gang, Rick here from Bayliner Boats with a report from the Miami International Boat Show. In a year when the American economy faces a wide range of challenges, it should come as no surprise that the NMMA's sessions at the Miami International Boat Show, talking about the Discover Boating campaign, Consumer Satisfaction Index and in particular, the February 14 State Of The Industry address given by NMMA president, Thom Dammrich, were all very well attended.
In his opening address on Wednesday, February 13th, Dammrich mounted an elaborate presentation that focused closely on the statistics and results of the Grow Boating and Discover Boating campaigns have delivered to the industry so far.
During an economic slowdown, it's common for business people to cut their marketing expenditures in hopes of weathering the storm. Dammrich's mission was plainly to defend the Grow Boating program and its funding. Only time will tell how successful his message was, but it was masterfully delivered and he did present a compelling argument to stay the course.
Boating Industry Canada was impressed with the attendance at all of the sessions and in fact, throughout the entire show. Statistics indicate that the industry overall is down significantly, but you would never have guessed that from the crowds on the show floor. Shuttle bus lineups were long and tedious going from the Miami Beach Convention Center to the Sea Isle Marina and the Strictly Sail shows where boats were in the water.
Those boats were being taken out of their slips too. Customers were walking the docks, going for rides and expressing what certainly looked like genuine interest.
We expect that show management will announce some encouraging results coming out of the 2008 Miami International Boat Show. Things may not be as bad as they appear and at the Media Breakfast, Thomas Dammrich delivered a State of the Industry address that could be best described as a steady hand at the helm.
His presentation began by explaining that he had four main themes:
that boating was big business
that the boat business is a uniquely American manufacturing industry
that the boating is very much a part of middle-class America
that the American boating market is 50% of the world market.
He went on to discuss several important dimensions of the industry showing a chart that established the tremendous growth in dollar volumes that the industry has enjoyed from 1998 to 2006. While his presentation projects that units will be down 14% for 2007, the dollars will only be down 9%.
These numbers might be disappointing but they can hardly be called devastating. More importantly, he was able to present data that suggests that there is indeed a positive impact for the Discover Boating campaign and Dammrich explained that 90% of the boats sold in America are trailerable vassals of under 26 feet and 75% of Americans have an under $100,000 household income – middle America and the mass market.
While the current economic conditions have certainly struck hard at consumer confidence, Dammrich explained that there is a $108 billion total economic impact of boating, explaining how important the industry is, especially when you consider its appeal to the mass market in the United States. Next he showed a chart of consumer confidence and overlaid historic NMMA sales figures which track very closely up and down.
A return of consumer confidence should bring a return in sales to the marine industry.
A bright light is the fact that the United States is a global leader and is very much a net exporter of boats with a market value of $2.2 billion in 2006. This underscores both the importance and the overall strength of the boating industry in the United States. He went on to conclude that for the many reasons stated, there was an expectation that things will pick up in the industry in the next 12 to 18 months. Thanks to Boating Industry Canada for this.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
In his opening address on Wednesday, February 13th, Dammrich mounted an elaborate presentation that focused closely on the statistics and results of the Grow Boating and Discover Boating campaigns have delivered to the industry so far.
During an economic slowdown, it's common for business people to cut their marketing expenditures in hopes of weathering the storm. Dammrich's mission was plainly to defend the Grow Boating program and its funding. Only time will tell how successful his message was, but it was masterfully delivered and he did present a compelling argument to stay the course.
Boating Industry Canada was impressed with the attendance at all of the sessions and in fact, throughout the entire show. Statistics indicate that the industry overall is down significantly, but you would never have guessed that from the crowds on the show floor. Shuttle bus lineups were long and tedious going from the Miami Beach Convention Center to the Sea Isle Marina and the Strictly Sail shows where boats were in the water.
Those boats were being taken out of their slips too. Customers were walking the docks, going for rides and expressing what certainly looked like genuine interest.
We expect that show management will announce some encouraging results coming out of the 2008 Miami International Boat Show. Things may not be as bad as they appear and at the Media Breakfast, Thomas Dammrich delivered a State of the Industry address that could be best described as a steady hand at the helm.
His presentation began by explaining that he had four main themes:
that boating was big business
that the boat business is a uniquely American manufacturing industry
that the boating is very much a part of middle-class America
that the American boating market is 50% of the world market.
He went on to discuss several important dimensions of the industry showing a chart that established the tremendous growth in dollar volumes that the industry has enjoyed from 1998 to 2006. While his presentation projects that units will be down 14% for 2007, the dollars will only be down 9%.
These numbers might be disappointing but they can hardly be called devastating. More importantly, he was able to present data that suggests that there is indeed a positive impact for the Discover Boating campaign and Dammrich explained that 90% of the boats sold in America are trailerable vassals of under 26 feet and 75% of Americans have an under $100,000 household income – middle America and the mass market.
While the current economic conditions have certainly struck hard at consumer confidence, Dammrich explained that there is a $108 billion total economic impact of boating, explaining how important the industry is, especially when you consider its appeal to the mass market in the United States. Next he showed a chart of consumer confidence and overlaid historic NMMA sales figures which track very closely up and down.
A return of consumer confidence should bring a return in sales to the marine industry.
A bright light is the fact that the United States is a global leader and is very much a net exporter of boats with a market value of $2.2 billion in 2006. This underscores both the importance and the overall strength of the boating industry in the United States. He went on to conclude that for the many reasons stated, there was an expectation that things will pick up in the industry in the next 12 to 18 months. Thanks to Boating Industry Canada for this.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Bayliner Boats - 1990 Bayliner 2655 Ciera Sunbridge For Sale
1990 Bayliner 2655 Ciera Sunbridge $ 23,900.00 CDN
Hi gang, Rick here from Bayliner Boats with a 1990 Bayliner 2655 Ciera Sunbridge For Sale.Well cared for fresh-water boat powered by an economical 5.7L engine and a dependable MerCruiser Alpha-1 Sterndrive make for a great ride If you are familiar with these Bayliner models you know that they provide plenty of room for your family's weekend jaunts with it's wide-beam design (9'6"). The aft berth is queen sized and the V berth offers sleeping for another two with room for 2 more when the dinette is converted, 6 in all Lots of windows provide tons of natural light so you don't feel like you're in a submarine like some boats (My wife loves this feature)
A full galley with 2-burner stove, refrigerator, hot and cold water, full-sized head complete with shower, great seating and super storage complete with hanging locker and full camper top to keep off the sun while cruising, round out the features that will create those wonderful summer memories. Upper U-lounge needs recovering and some of the cushion covers in the cabin will need to be refreshed over time, otherwise the boat is ready to go. Engine and outdrive are serviced every season. Bottom of boat was recently (2006) completely restored with full osmosis repair and epoxy barrier, a $5,000 value
Vessel comes equipped with a Uniden VHF radio, depth finder, AM/FM/CD stereo, television and DVD player. An optional thru-hatch air conditioner can also be negotiated in the deal ($1,200-CruisAir). Due to it's size, there is NO TRAILER available as it would normally be moved by a boat transporter. I will pay for the loading charges to put the boat onto your carrier's truck at my marina if required.
We'd love to show you the boat, currently it is winterized and shrink-wrapped at our marina in Penetanguishene but will be available for viewing as required. A 2005 Survey is available with the sale. Also included in the sale are life jackets, fenders, lines, shore power cable and all safety equipment. Nothing else to buy, nothing to do, add water and start making summer memories. We only get one chance to raise our families, make the most of your time together in your new boat
In an effort to accommodate new boaters, I will include a 1/2 day of instruction in operating and docking this vessel for you, so don't be intimidated if it's your first boat. More details here.
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Saturday, February 16, 2008
Bayliner Boats - Dealer of the Week
Hi gang, Rick here from Bayliner Boats with a new feature "Dealer of the Week". This week we are featuring Wilson Marine in Brighton, Michigan.
Wilson Marine is your exclusive place to buy Bayliner, Trophy, Maxum, Bennington, Smokercraft and Glastron boats in Southeastern Michigan. Conveniently located on Lake Chemung in Brighton, Michigan, just minutes from the intersection of I96 and US23, we proudly host the largest marine service center in North America With four locations to serve you.
Check our Wilson Marine today
TROPHY OFFSHORE FISHING BOATS ARE HERE AND AT VALUES NEVER SEEN BEFORE. SAVE AND SAVE BIG WHILE THEY LAST. CLICK HERE TO SEE FOR YOURSELF THEN CALL US IMMEDIATELY AT 1-800-875-2620 TO SEE HOW YOU CAN SAVE!
THE BUYERS AT WILSON MARINE HAVE DONE IT AGAIN MAKING SOME GREAT PURCHASES FROM THE FACTORY ON THE BALANCE OF THEIR 2007 INVENTORY. MANY OF THESE BRAND NEW BOATS YOU CAN PURCHASED FOR THE SAME PRICE YOU WOULD PAY FOR A USED ONE. SEE FOR YOURSELF!
Along with parts and service, their Wilson Marine Accessories store boasts as much square feet of accessories an most of your major retailers. Stocking a full line of items for your boating needs, we should have almost everything you would require to enhance your boating pleasure and experience. Stop in at one of our two accessory locations: 6095 W. Grand River, Brighton or 4440 Haggerty Road, Commerce Twp.
If travel is not what you are up to or our locations are not in your area, give our online accessory store a try. If you don't see what you are looking for, give us a call at 517-546-3774 and we should be able to satify your needs. If it is available, we can get it for you.
Check our Wilson Marine today
6095 W Grand River
Brighton MI
48114
517-546-3774
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
If you found this interesting, please tell others by clicking on the bookmark icon in top left corner of page and insert a brief remark to let others know were here.
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
Wilson Marine is your exclusive place to buy Bayliner, Trophy, Maxum, Bennington, Smokercraft and Glastron boats in Southeastern Michigan. Conveniently located on Lake Chemung in Brighton, Michigan, just minutes from the intersection of I96 and US23, we proudly host the largest marine service center in North America With four locations to serve you.
Check our Wilson Marine today
TROPHY OFFSHORE FISHING BOATS ARE HERE AND AT VALUES NEVER SEEN BEFORE. SAVE AND SAVE BIG WHILE THEY LAST. CLICK HERE TO SEE FOR YOURSELF THEN CALL US IMMEDIATELY AT 1-800-875-2620 TO SEE HOW YOU CAN SAVE!
THE BUYERS AT WILSON MARINE HAVE DONE IT AGAIN MAKING SOME GREAT PURCHASES FROM THE FACTORY ON THE BALANCE OF THEIR 2007 INVENTORY. MANY OF THESE BRAND NEW BOATS YOU CAN PURCHASED FOR THE SAME PRICE YOU WOULD PAY FOR A USED ONE. SEE FOR YOURSELF!
Along with parts and service, their Wilson Marine Accessories store boasts as much square feet of accessories an most of your major retailers. Stocking a full line of items for your boating needs, we should have almost everything you would require to enhance your boating pleasure and experience. Stop in at one of our two accessory locations: 6095 W. Grand River, Brighton or 4440 Haggerty Road, Commerce Twp.
If travel is not what you are up to or our locations are not in your area, give our online accessory store a try. If you don't see what you are looking for, give us a call at 517-546-3774 and we should be able to satify your needs. If it is available, we can get it for you.
Check our Wilson Marine today
6095 W Grand River
Brighton MI
48114
517-546-3774
Find out more information on Bayliner boat canvas, Do-it-Yourself bayliner cover kits and subscribe to our FREE newsletter.
If you found this interesting, please tell others by clicking on the bookmark icon in top left corner of page and insert a brief remark to let others know were here.
Also we value your comments, if you can add more info in regards to this article please do so. Thank you.
Rick Ostler, Bayliner Boats.
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