Welcome to journalnow.com. Skip directly to: our Keyword Search, Section Navigation, Content.
Winston Salem Journal

Business

Print This Print AddThis Social Bookmark Button

Boat-maker to cut more jobs and close four of its plants

ADVERTISEMENT

JOURNAL STAFF AND WIRE REPORT

Published: October 10, 2008

LAKE FOREST, Ill. -- Beleaguered boat-maker Brunswick Corp. said yesterday that it is eliminating 1,400 additional jobs as the company closes four plants, including one in North Carolina, and furloughs workers at three more.

The announcement comes four months after the company said it would cut 1,000 jobs, including 300 at Hatteras Yachts' boat-building plants in New Bern and Edenton.

Brunswick said that the latest round of cuts will save $300 million by the end of 2009, and are necessary as boat sales free-fall. It said it is mothballing its North Carolina plant in Navassa in Brunswick County by the end of the year, as well as permanently closing plants in Pipestone, Minn.; Roseburg, Ore.; and Arlington, Wash.

It's also furloughing workers at three plants near Knoxville, Tenn.

Loading Comments...
Loading
Print This Print AddThis Social Bookmark Button
 

ADVERTISEMENT

Advertisement

Advertise With Us

Share This Story With A Friend
Oops! Your email could not be sent because of the following errors:
Boat-maker to cut more jobs and close four of its plants
* Please separate multiple email addresses with commas.
* To:
Your Name:
Your Email Address:
Personal Message [optional]:
Print This Story
Boat-maker to cut more jobs and close four of its plants

JOURNAL STAFF AND WIRE REPORT