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Looks like bad news for future aluminum boat buyers

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  • Super User

One of the U.S.'s top aluminum manufacturing plants has made massive cutbacks to its workforce, putting a halt to all operations for at least nine months, the company said on Wednesday.

Covid caused a huge bubble in boat buying.   Our ramps have been totally maxed out on weekends for two years.  Most everyone who wants a boat now has one, so why build more?  We are coming to a time when you can get a real deal on a used boat.  Boats are the first thing to go when times get tough. 

  • Super User

Ditto for Kayaks I predict (although not as bad as bass boats) ... The economy is looking a little shaky .

  • Super User
3 hours ago, Way2slow said:

One of the U.S.'s top aluminum manufacturing plants has made massive cutbacks to its workforce, putting a halt to all operations for at least nine months, the company said on Wednesday.

Not really a concern, unlike other things, that's not too difficult to restart. The next 18-36 months are going to be very lean, and these folks can see that, prudent business decision. 

If I'm reading correctly it's an aluminum "plant" that's shutting down, not an aluminum boat factory?   I wonder how much aluminum used for boats comes from overseas.   Many....or maybe even most of the boat factories shut down during covid.  They may all have stockpiles of aluminum.    

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