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Gone fishing for business.

Gone Fishing For Business

The recession also hit last week in Conway for Noah Corp., manufacturer of Duracraft boats.

Twenty-one workers got laid off. That's 33 percent of the company's workforce.

"The boat business has been in a decline," says president and CEO Jerry Williams.

Williams kept the workers through the Christmas season, but finally had to cut back when faced with sluggish sales in the southeastern states, his major market.

In operation since 1946, Duracraft normally churns out an average $4 million to $5 million a year in all-aluminum boats. Prices range from $600 to $5,000.

But Williams says last spring's floods, the war in the Gulf and the recession have all combined to push sales down 40 percent for last year.

Duracraft's not the only Arkansas boat manufacturer hurting. Ranger Boats in Flippin laid off 50 or more workers a few weeks back, Williams says.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Title Annotation:layoffs at Noah Corp. and Ranger Boats, boat manufacturers
Publication:Arkansas Business
Date:Feb 18, 1991
Words:148
Previous Article:$13.2 million spent.
Next Article:Arkansas business of the year 1990.


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