Fountain’s Bajas Available for 2009

Fountain paid $4 million, which it borrowed, for the Baja assets, according to documents filed with the Securities and Exchange Commission. The assets acquired consist primarily of equipment, tooling, drawings, blueprints, design software and production process documentation used to build Baja boat models for the model year 2009 and later. The company also acquired trademarks and other assets used to sell the acquired models.

Brunswick announced in March it planned to close its Baja plant in Bucyrus, Ohio, and sell the high-performance boat business to Fountain Powerboats. Brunswick, at the time, said it intended to end Baja production by the end of May, consistent with the close of the 2008 model year. The plant shutdown means a loss of about 285 jobs.

It remains to be seen how much of the Baja line Fountain can get into production this year, but BoatTEST will keep you posted about this valued brand.