A little promising news about the ski and wakeboard industry is coming out of Tennessee.
According to a report in Soundings Trade Only Today, MasterCraft is recalling over 70 employees in the next two months, putting people back to work building ski and wake boats. As the report states, 40 employees returned to the job last week, and 33 more will be working before month’s end. WIth the additional workers, MasterCraft’s workforce should number roughly 325 employees.
“The increase in production is reflective purely of domestic and international dealer demand,” said John Dorton, president and CEO, in a statement. “Because we worked hand-in-hand with our dealer network over the last several months to help them balance existing inventory, we now have reached a point where our dealers need new boats. As a result, we are increasing our production run rate to meet this demand.”
“We are encouraged by the opportunity to increase our production rates, but remain guarded,” continued Dorton. “The marine industry is still dealing with very trying times. As a result, the buyers out there are either looking for a once-in-a-lifetime deal or they are so passionate about their water lifestyle that they are in the market for a new boat.”