The boat-building industry continues to feel the economic crunch and one local manufacturing executive doesn’t think a stock market uptick will help much.
“The market is not firming as fast as anybody in the industry had hoped and potential buyers appear to be still frozen by ambiguity,” said Bill Naumann, chairman of Hatteras Yachts in New Bern.
“I really believe that when we come out of this, the people in this industry – manufacturers and dealers – are going to have to come up with a new business model. We’re experiencing some …Â Details
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