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Wednesday, October 10, 2007

Brunswick announces more layoffs...

On the heels of last week's announcement of a 5% layoff in their Sea Ray division, Brunswick today announced a 13% downsizing in their US Marine division. This amounts to a layoff of 40 of the 309 employees in the division. The US Marine division manufactures the Bayliner and Maxum brands of power cruisers. The company also announced temporary closings of the Bayliner plant in Roseburg, Oregon effective October 26.

“These actions are in response to continued weakness in the marine market,”
Brunswick said in a statement. “The U.S. marine industry has seen weak demand as numerous economic pressures continued to reduce consumers’ spending power and new-boat purchases are being adversely impacted. US Marine has concluded it must take measures to size its production levels in line with retail demand.”

The plant closings will be during the week of October 22, Thanksgiving week, and for two weeks during the Christmas holidays to help further reduce production.

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