MasterCraft Boat Co. is one Knoxville-area economic indicator that apparently is seeing a turnaround.
And some 175 laid-off MasterCraft employees are feeling relief since the boat maker's recent restructuring prompted their rehiring.
John Dorton, MasterCraft president and CEO, said Tuesday that all rehired employees have been notified, with some starting work Monday and Tuesday, while others begin work today manufacturing boats.
Dorton explained that MasterCraft went from 650 employees last year to 40 this year. By the end of this week the Vonore facility will have 218 employees on the job, he said.
We are sad to announce that the 2009 INT US Championships have been postponed until 2010. The tour winners in each state in 2009 will be invited to participate in the 2010 US Championships in whatever division they participate in, in 2010. The location of the 2010 Championships has not been decided, but we are looking into some fun, new sites. We hope to come back next year even stronger then before.
OBRIEN ELITE, At the O'Brien/Nautique Big Dawg this, weekend, In Mich. O'Brien/ Nautique are giving away a new O'Brien Elite Ski. Drawing, anyone and everyone present is eligible to win. Good odds, to win Ski. Not to mention, you might see the best 34 mph skiing in the world. CC will also have a 2010 Ski Nautique there. All the boys are coming. Tynan, Morgan, Badal, Larson, Scott, LaPoint, Miller, Johnson, Raily, Favrat, Dehlinger, and more. It's going to be a slug fest. http://www.skibigdawg.com
WAVE Camp is a program of the City of Sacramento, Department of Parks and Recreation, Access Leisure section, in partnership with CSUS, Disabled Sports USA, and United Cerebral Palsy.
WAVE Camp is based at California State University Sacramento and is open to children 10 to 25 years old with physical disabilities. Disabilities include: Spina Bifida, Cerebral Palsy, Amputee, Spinal Cord Injury, Muscular Dystrophy, and other orthopedic impairments. Campers participate in purposeful fitness, recreational, competitive and social activities such as water skiing, kayaking, swimming and scuba diving. This summer adventure camp is designed to provide instructional and recreational aquatic opportunities to youth and young adults. If you would like more information on this program, please contact Jenny Yarrow at (916) 808-6017.
WAVE Camp runs from July 6th to July 16th, 2009. When the state legislature passes the budget, it is a near certainty that 47 of these campers will loose 100% of the funds that have previously been available to them to attend this life changing residential aquatics camp. As this vote may very well come at the final hour, we simply can not wait to ask for assistance to secure this camping opportunity.
Please visit this link to learn more about WAVE Camp.
June, 29 2009, 09:53 AM
MasterCraft reports that it has found a way to return to viability without filing for bankruptcy protection, and is asking its vendors to accept a staged repayment plan or a discounted immediate payment.
While this is an out-of-court process, it will take a "significant amount of cash to restart production and normalize the company," CEO John Dorton said in a June 5 letter to vendors.
"This is a very happy outcome compared to what it could have been and what else we're seeing in the industry," Dorton said in a phone message to Soundings Trade Only. "This will be out of court, and we're just looking for our vendors to help us."
Kruger and Asher dominate the Global Invitational at Placid WatersComplete results in Excel here http://www.usawaterski.org/pages/divisions/3event/2009GlobalMarineResults.xls
A few funny videos from the weekend there https://twitter.com/Marcus_Brown_
America’s Premier Pro Water Skiing and Wakeboarding Competition,
Global Invitational 2009, hits West Michigan June 27, 2009.
Participants will compete for nearly $30,000 in prize money.