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Doral
 BoatUS Boat Groups/Manufacturer Forums>>Doral
Subject Topic: Doral International For Sale Post ReplyPost New Topic
 
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roger4
"Seaman"




Joined: April 04 2007
Posts: 38
Posted: March 28 2008 at 23:19 | IP Logged Quote roger4

It has been reported that Doral International is now for sale.  Anyone have some insight into this?  Wonder what it means for parts, service, resale value?  Here is part of the story:

Doral owner Erwin Zecha had decided to sell the company in December. Doral Executive Vice President Denis Jutras was interviewed and he said that 225 jobs are at stake.

Jutras added that a local group is looking to buy the factory in order to keep it in the region. "That's looking good," he told the paper. Jutras said that a slowing US economy and the strength of the Canadian dollar has hurt the company. "We have lost market share in the United States, with 20 per cent of our sales this year against 50 per cent previously," he said. "We are less competitive and even if the international market accounts for 60 per cent of our turnover, we cannot afford to lose the American market."



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Roger
Warren, NJ
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