Mercury Marine

[redneck joe]

Mercury Marine to lay off nearly 300 workers at Fond du Lac headquarters

fox11online.com

 

[Fun Times]

Boat Manufacturer Lays Off Nearly 300 at Wisconsin Facility

The mass layoff comes months after reports that the company would invest millions to expand the factory.

finance.yahoo.com

 

[alldodge]

Not good, Merc employs 3500 at the plant

 

[BWR1953]

Dang.

 

[jimmbo]

They likely need the Money to pay Bonuses to the K9 seducing Puppy pounding Management and Executives. Happens all the time...

 

[alldodge]

News states boat sales are falling off

 

[redneck joe]

post pandemic. Tyson, this, RV makers, etc.

Used market is good.

 

[airshot]

Look around, why would people drop 75 K on a new boat/ motor combo ?
If you kept it for years you would still own more than its worth. This high inflation raises initial costs and also reduces resale cost...it is a loose / loose situation!! The economy only looks good due to all our tax money being pumped into the economy.....but just wait until that bill comes due !!

 

[redneck joe]

pls keep non political.
boats and cars have always depreciated more quickly than they typically get paid off; nothing new there. It was imo the capacity build up.

 

[racerone]

The new products are very expensive , overly complicated.-----Difficult to service and repair compared to an older simpler technology.----Amazing how parts for these new motors ( all brands ) have been listed as NLA.

 

[aspeck]

Not surprised … difficult time for recreational stuff … food and lodging take first priority.

 

[redneck joe]

The new products are very expensive , overly complicated.-----Difficult to service and repair compared to an older simpler technology.----Amazing how parts for these new motors ( all brands ) have been listed as NLA.

i've told my wife that if i'm lucky enough to outlive my folks and i get any inheritance my only splurge will be a 1970s or older truck, fully restored. Might do that anyway now seems like i'd save money over what we do now.

newest car we have is a 2014. I do like the back up camera for loading trailers and coming out of parking spaces if i wasn't able to back in - wide angle.

wifes is an 06 CDI and some parts are dealer only - just spent $1200 there last week (with horrible customer service to boot) on something they hope will fix it.