Tuesday, June 09, 2009

Local News From Milwaukee Journal Sentinel.

From JSOnline.

Some how this is not what Pulaski Wisconsin was looking for from a major paper in the country.
"By Rick Barrett of the Journal Sentinel

Posted: Jun. 8, 2009

They were making waves in the global economy, but now Wisconsin's yacht-makers are stuck on a sandbar.

Last week, the corporate parent of Pulaski-based Carver and Marquis yachts filed for Chapter 11 bankruptcy protection.

In the filing, Genmar Holdings Inc. listed assets of $237.5 million and liabilities of $216.5 million.

The Minneapolis company said the recession has decimated its entire product line, from 12-foot fishing boats to yachts." Yacht-makers hit rough seas - JSOnline

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