A company built for speed has been forced to slow down in this recession.
Fountain Powerboats filed for chapter 11 bankruptcy protection this week.Â
The man who started it all doesn’t plan on letting some rough water stop him.
“This is the last one that we’re actually building,†said Fountain Powerboats founder Reggie Fountain, Jr.
For now, this is the end of the line at Fountain Powerboats.
It’s the last boat built until the company comes out of bankruptcy … Details