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Boat builder closes last Knoxville plant
Recreation equipment maker Brunswick Corp. is closing its last Sea Ray Boats plant in a Knoxville industrial park, ending 225 jobs by the end of the year. The company plans to consolidate domestic boat building at its plants in Vonore, Tenn., and Palm Coast, Fla.
In 2009, Brunswick closed two other Sea Ray plants in the same park, ending 540 jobs.
Brunswick Chairman and CEO Dustan E. McCoy said in a prepared statement that while U.S. sales of fishing boats and pontoon boats have increased, demand is still weak for cruisers and larger boats. The Lake Forest, Ill.-based company intends to save $10 million to $12 million per year by consolidating its U.S. cruiser line.
Recreation equipment maker Brunswick Corp. is closing its last Sea Ray Boats plant in a Knoxville industrial park, ending 225 jobs by the end of the year. The company plans to consolidate domestic boat building at its plants in Vonore, Tenn., and Palm Coast, Fla.
In 2009, Brunswick closed two other Sea Ray plants in the same park, ending 540 jobs.
Brunswick Chairman and CEO Dustan E. McCoy said in a prepared statement that while U.S. sales of fishing boats and pontoon boats have increased, demand is still weak for cruisers and larger boats. The Lake Forest, Ill.-based company intends to save $10 million to $12 million per year by consolidating its U.S. cruiser line.