View Full Version : Is it true about Crestliner
mjstef2
08-26-2006, 09:05 AM
I heard yesterday that Crestliner, hasn't been making there boats in Little Falls, MN anymore. They are beeing made side by side of Triton boats. If this is true I'll be buying a Almacraft for my next boat.
chadk66
08-26-2006, 09:17 AM
If you knew how big the plant is and how much they have added on in the last few years, you'd know it wasn't true.
Erie Drifter
08-26-2006, 10:30 AM
Bye, Bye, Troll.
Bill W. (BFN)
Unlogged T-Mac
08-26-2006, 10:34 AM
Were they having a "liars contest" at the state fair?
:)
Dr. Phil
08-26-2006, 11:12 AM
I can do better than that. I heard at my State fair Ranger was bought by tracker and moving the Ranger plant to Tracker. Rangers will be made of aluminum like the Tundra with the same awesome hull
:rotfl: Oh and the best news....All Rangers & Trackers will have the newly improved (China built) "Force" motors.
Dodge1
08-26-2006, 11:26 AM
>I can do better than that. I heard at my State fair Ranger
>was bought by tracker and moving the Ranger plant to Tracker.
>Rangers will be made of aluminum like the Tundra with the same
>awesome hull
NO, NO, NO you've got it wrong. The Tracker warranty department was hired in toto last Friday by Ranger/Lund/Crestliner due to their outstanding ability in keeping claims to an absolute minimum. As a side note; one well known Lund dealer in Montana was taken to the hospital after hearing the news late Friday and was reported to be in serious but stable condition today.
dirty underpants
08-26-2006, 12:27 PM
As one who spends hours and hours a day pouring over stock information, let me share this with you.
It is easy reading, the first page or so may be drab, but start reading 1/2 way down the second page where it says "Now lets move to our full-year guidance", and read to the end of page 4.
This will take you to the transcript for the last conference call from Brunswick Corporation, parent company of several boat lines and other sporting goods.
Although it does not specifically state what this thread is about, it sure paints a bleak corporate picture!
It really does not matter how big a building is, how new it is, or where it is located... It is all about MONEY!!!
I do not know how to link a PDF file, so until someone does, go here: http://phx.corporate-ir.net/phoenix.zhtml?c=97828&p=irol-presentations
Bring up the 7-12-2006 conference call transcript.
** Edited to make the link better, hopefully **
yarcraft91
08-26-2006, 01:14 PM
Fascinating! On page 6, I found:
"We essentially exited the carbureted two-stroke market on July 1st of last year. These engines enjoy significantly higher margins than the technically more sophisticated four-stroke and direct-fuel-injected two-stroke engines that replaced them. In the second quarter of 2006, 91 percent of our domestic outboard sales came from low-emission engines compared with 71 percent a year ago."
Count on this:
- If outboard demand recovers, Brunswick will recapture the higher margin they lost when they discontinued those 2-strokes. Expect higher-than-inflation price increases on outboards.
- Until demand recovers, Brunswick will find other ways to recover that margin. For example, cheaper materials are being used for construction. For example, my 2006 50 horse has a plastic lower housing where older motors used aluminum. Motors could be "de-contented" and what was once standard becomes "an optional extra at slight additional cost". For example, my 50 horse needed an extra-cost cable before we could attach a tachometer.
Reality of business is if you lose your profit margin on a product line, either find a way to get it back or drop the product line.
losing
08-26-2006, 01:19 PM
Or just keep losing MONEY.
Hot Runr Guy
08-26-2006, 01:51 PM
>As one who spends hours and hours a day pouring over stock
>information, let me share this with you.
>
>It is easy reading, the first page or so may be drab, but
>start reading 1/2 way down the second page where it says "Now
>lets move to our full-year guidance", and read to the end of
>page 4.
>
>This will take you to the transcript for the last conference
>call from Brunswick Corporation, parent company of several
>boat lines and other sporting goods.
>
>Although it does not specifically state what this thread is
>about, it sure paints a bleak corporate picture!
>
>It really does not matter how big a building is, how new it
>is, or where it is located... It is all about MONEY!!!
>
>
>
>
>I do not know how to link a PDF file, so until someone does,
>go here:
>http://phx.corporate-ir.net/phoenix.zhtml?c=97828&p=irol-presentations
>
>
>Bring up the 7-12-2006 conference call transcript.
>
>** Edited to make the link better, hopefully **
>
If I interpret the report correctly (bottom of page 3/7), the sterndrive/fiberglass manufacturing is more in peril than the "Lund/Crestliner" aluminum faction, which seem to have already had production brought better in-line with demand. But, it does indicate that tin boats don't carry the higher profit margins than the glass ones do. I guess if I worked at a SeaRay runabout plant, I'd be nervous.
HRG
HRG
B Dealer
08-26-2006, 01:59 PM
Heck, you could have picked out some of the good stuff to quote, too.
Like Dusty wanting to keep after making the products more reliable, making the boat purchasing process simpler, and so on.
:)
Polar
08-26-2006, 11:29 PM
Speaking of Crestliner (and I'm not trying to start anything here) a friend of mine is pro-staff for them and was told by his dealer that they are discontinuing their tournament series boats and concentrating on family oriented boats. Has anybody else heard anything to this effect.
Crackpot
08-26-2006, 11:40 PM
Definatly Crackpot posters here.
Meat Hunter
08-27-2006, 08:52 AM
Brunswick is selling off Lund boats to the Chinese and replacing their workers with Chinese labor.
Really.
Meat Hunter.
mjstef2
08-28-2006, 03:10 PM
>Brunswick is selling off Lund boats to the Chinese and
>replacing their workers with Chinese labor.
>
>Really.
>
>Meat Hunter.
I don't know aqbout that, but it would hurt alot of communites up here in Minnesota. Why did this post get moved?