Fountain Powerboat Industries Inc. (fka FPWBQ)

[MWM]

Fountain Acquires Baja Boat Line
Washington-based Fountain Powerboats will buy the Baja boat line from Brunswick.
Posted: 10:35 AM Mar 21, 2008

A major employer in Beaufort County is expanding its reach in the boat business.

Fountain Powerboats will acquire the Baja boat line from Brunswick.

Brunswick says it's closing an Ohio factory, laying off 285 employees. As the company sells certain assets to Fountain, Brunswick will stop production by late May.

Gary Baltz with Fountain tells WITN News that the purchase will help them expand their line. Baltz says it's still too early to say whether manufacturing will expand at their Beaufort County facility as a result of the acquisition.

Terms of the deal were not disclosed.

The Ohio plant will be the seventh boat factory Brunswick has closed or planned to close since 2007 as it realigns its business and cuts boat production.