COBALT Boats layoffs

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In the local paper here, on Monday June 23rd, 2008 it says:

That on May 23re, 2008, Cobalt boats laid off 160 employees. AND that on Friday June 20th, 2008 they laid off 100 more employees.

"The boat market is pretty soft right now," CEO Paxson St. Clair said.

The company is building six boats a day. The 40 year old company builds luxuary fiberglass boats 20 to 30 feet in length.


This is from the Area News section of the Iola Register news paper.

The web site for the paper is:

www.iolaregister.com

NOT sure if this can be pulled up, but the article was a short one, and I pretty much noted all that it had to say.

:(
 
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