Your advice on investing in a small Aluminum Utility style boat manufacturer.

esobofh

Petty Officer 2nd Class
Joined
Jun 3, 2009
Messages
116
Re: Your advice on investing in a small Aluminum Utility style boat manufacturer.

Not to sound harsh, but if you need input from an internet forum you should not be making this investment.

Anyone would be stupid to ignore a wealth of free knowledge, experience and input - regardless of where it comes from.
 

ryanmitton

Seaman
Joined
May 23, 2008
Messages
56
Re: Your advice on investing in a small Aluminum Utility style boat manufacturer.

@ BF, my friend had a loose rivet and he got me to hold a hammer with a big head on it up to the one side of the rivet on the inside of the boat. I was inside the boat, boat was on the trailer. He took another large (heavy) hammer and tapped the rivet on the other side. He gave it some good whacks. My hammer was popping up off the bottom of the hull on the inside and i had to reposition it each 'tap'. Maybe that would help the leaky rivets next time you have some buddies coming up to the cottage. I like the idea of the storage compartment at the rear seat. Even if you took that other 25% of the floatation foam you used in that rear seat and found a way to stuff it into the other seats...then it wouldn't even cost anything on the cargo capacity. That's another great suggestion. I just love the part of the country your cabin is in, the fishing there is just spectacular and the sunsets, boy, those are incredible, nothing like them here out west. You are very lucky to have property out that way and it's always surprised me why so many other people don't hop on a flight to winterpeg and make the drive.

@ esobofh, Yes it certainly stands to reason that a welded hull at least starts with no holes in it, and granted it would probably take a nice whack against the more rigid area of the weld to make it crack. The 'weld where it's needed' is a nice idea, I guess if the welder is already turned on and welding anyway...why stop at the hull...might as well weld the seats on and everything. I guess the welding might be automatable too, meaning less manpower required to make a boat and potentially more profitable in the long run. One of my inhibitions about this type of manufacturing business is that it could be taken to mexico where labor is cheaper....and then this guy would be out of luck. He tells me that's not really going to happen in the boat business because of the cost to transport such a volumnous product such as a boat chews up the extra money saved in labour. I'm not sure how qaulified he is to make that statement because after all, he's a small time operation out of the shop on his land. It's a reasonable comment though, I mean, how many boats would fit in rail car? Not many! So transport must just be killing these guys. Just to check prices I called the crestliner dealer in my area, he had a 16 foot open aluminum style boat like the ones were talking about, rated for a 20 hp max (that's rediculously low for a 16 foot isn't it?), and they want 4500 cdn for it. I was appaled at the price, when i asked him why the 20 hp max rating he said it was because the boat was made out of thin aluminum. 4500 seems like a very steep price tag, but then again, i have no idea how far they are shipping. As far as I know crestliners are made in the usa so that's a fair ways to ship something as big as a boat.

@ Bubba, if your still following this thread, do you know if the mandate for the welded hull only in your state of MO is for any size of aluminum boat or boats of a certain size and weight? That's a good tidbit of knowlege and next time I see a fish and wildlife ranger on our ponds up in Canada I will have a close look to see which style they are driving!

Cheers guys, Ryan.
 

BF

Lieutenant
Joined
Apr 8, 2003
Messages
1,489
Re: Your advice on investing in a small Aluminum Utility style boat manufacturer.

Yes, I know bucking a couple of those rivets would probably solve the drips... just ran out of time while I had the boat on the trailer, and wanted to get it wet... Launching/retrieving at our lake is a pain, so it'll wait until next time I pull the boat out. Normally I just leave it covered and tied to our dock... our place is sheltered, so waves/wind are not an issue. When we're out there, I don't normally have it covered, and one heavy thunderstorm can easily cause it to collect 4 or 5 inches of water at the transom.

I agree with you about NW ont... very very nice and remote area with 100's (or 1000's?) of accessible lakes, and even more that are fly in or boat in only. The 2:45 drive gets to be a bit of a drag, but that's life. The rockiness of the shore is why aluminum boats are favoured there.... BTW, that's another upgrade / option idea... Extra thick re-enforcement of the front bow keel area. Basically an area/pad made to take the abuse of pulling it up on rocks... Both of my boats have thick aluminum strips added (welded) to the bow by the previous owners just for this purpose.

take care....
 

ryanmitton

Seaman
Joined
May 23, 2008
Messages
56
Re: Your advice on investing in a small Aluminum Utility style boat manufacturer.

We drive 7 hours on tight windy roads with rediculous traffic to get to Shuwswap lake out west. You're luck my friend!
 

geeco1

Petty Officer 1st Class
Joined
Jul 16, 2009
Messages
373
Re: Your advice on investing in a small Aluminum Utility style boat manufacturer.

Welded boats might be stronger... but here are two things to think about....1) Riveted boats have been around a loooonnnnggg time.
2) Commercial jets are all riveted..... look at the beating and pressures that they encounter.
 

towdog

Cadet
Joined
Apr 12, 2006
Messages
19
Re: Your advice on investing in a small Aluminum Utility style boat manufacturer.

From my experience in Minnesota, the used market is flooded with these types of boats. As others have mentioned, because they are so barebones and you put your own motor on it, there is no reason for any aluminum boat to ever be scrapped. With the prices of new aluminum boats, I don't know who ever buys a brand new utility boat aside from resorts to buy them in quantity.

I do, however, forsee a resurgence in smaller aluminum boat sales after a couple of decades of larger and more expensive fishing boats being made. A decent fishing boat should not be $20K-30K. But that's what it costs now with all of the bells and whistles they now include. People can't get loans for that much anymore and people can't tap their home equity either. Prices will have to come down, which will mean more boat models that are stripped down back to basics.

The other benefit to these stripped down boats is that they are lighter and you don't need a pickup or full-size SUV to tow them. I can see this also becoming a big factor in what boats people buy in the future.

My gut feeling is to not do it. It sounds like you are considering it just because it's something that interests you. While it might not be the best financial decision. I say no just because the market is already so saturated. Unless he is making something unique, I don't see him grabbing any market share away from the 5 million other companies making aluminum boats.
 
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