US Watercraft Files For Bankruptcy

Current 2023
US Watercraft Files For Bankruptcy
US Watercraft Files For Bankruptcy

Video: US Watercraft Files For Bankruptcy

Video: US Watercraft Files For Bankruptcy
Video: Bitter Pill of Bankruptcy! | 5 Minute Friday 2023, March
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US Watercraft J / 24
US Watercraft J / 24

The J 24: a long-running hit on the international regatta courses

The Supreme Court of Providence / Bristol County in the US state of Rhode Island has appointed a provisional bankruptcy administrator for the shipyard US Watercraft LLC, whose products are also known to sailors in Europe - above all the elegant daysailers from the Alerion series and inspired by Nathanael Herreshoff the licensed buildings for J Boats, such as the classic models J 22, J 24, J 80 and J 105, which J Boats no longer produces itself The Farr 30 and 40 models used to be part of the portfolio. But US Watercraft has also built modern racers in recent years, such as the C&C 30 One Design or the cruiser / racer C&C 41 Redline.

US Watercraft AE 28
US Watercraft AE 28

Bestseller: The Alerion Express 28, inspired by Herreshoff, defined the concept of the modern daysailer with classic lines

Many of the brands that the shipyard last ran in the range, including designs and plans, were acquired from their previous owners, as was Alerion Yachts from the Pearson Marine Group, which, as a subsidiary of TPI Composites, manufactured leisure boats until 2004, as well as wind turbines.

After the bankruptcy of the renowned mast manufacturer Hall Spars, which was taken over by the North Technology Group, this is another blow to the boat building industry in the northeastern United States. How things will go with US Watercraft will be decided in court on August 8th, where a permanent bankruptcy administrator will first be determined.

US Watercraft C&C 30 One Design
US Watercraft C&C 30 One Design

Sporty, but with an uncertain future: the C&C 30 One Design, which competes with the Farr 280

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