I Heard a rumour!

[boatboy50]

Hey Guys,

Please, no speculation or damaging thoughts. Please just post known facts.

I heard from a very reputable source (otherwise I wouldn't post it) that Trailcraft has been bought out and saved by a very well known pressed aluminium boat builder based in Qld.

I have no idea what their intentions are or whether they plan to continue building Trailcraft as they were.

Does anyone else have any info on this buyout?

Regards

Darren

[roydsy]

There is already a thread on this mate, check it out.

http://www.ausfish.com.au/vforum/showthread.php?t=146590&page=2&highlight=trailcraft

cheers
Roydsy

[boatboy50]

Hey Roy,

I've seen the post and knew they have been shut down. That thread says nothing about Trailcraft continueing to operate, and only says they are closed for good.

I'm told otherwise now.

Does anyone know for a fact the situation?

Regards

Darren

[black runner]

Hey D,

On a scale of 1-10 how reputable is your source and how did he/she receive said information?

20 Questions starts now.

1. Does it start with a T? ;D

Cheers

[boatboy50]

Hey Black,

A very reputable source within the industry (10), and no need to lie. IE a supplier to both, not competition to either party.

I have no reason to think it is made up. It's not a damaging rumour to either party. More a good news story for the industry and former staff if it's correct.

I just wanted to hear it from a second source before I mention the name.

Regards

Darren

[black runner]

Darren

Here's hoping that the brand stays in tact and pulls through with some extra backing.

Cheers

[pedrodepacus]

hey darren i no the rumour that your talking about and heard they were trying but it didnt happen but that was a week or 2 ago may have changed since

[searay215ec]

As an employee that lost his job at Trailcraft, i can say that Trailcraft is closed at the moment but thats all i can say at the moment

[black runner]

As an employee that lost his job at Trailcraft, i can say that Trailcraft is closed at the moment but thats all i can say at the moment

Sorry to hear that Searay, but reading between the lines it sounds like something positive might be in the wings

Cheers

[tin can marlin]

I have heard the same thing i hope it happens but the only thing is that if it does the workers in wa will be stuffed still as it will re open in the gold coast area if it happens. Which will be sad as a member of a union i feel for guys like boat builders that don't have a union to back them up in these hard times. So lets hope it happens and they keep it wa and look after the worker for a change.

[boatie_72]

i believe tabs is also in the hands of the administrators.

http://www.search.asic.gov.au/cgi-bin/gns030c?acn=115_403_499&juris=9&hdtext=ACN&srchsrc=1

Extracted from ASIC's database at AEST 20:50:45 on 23/03/2009NameTABS BOATS PTY LTDACN115 403 499TypeAustralian Proprietary Company, Limited By SharesRegistration Date21/07/2005Next Review Date21/07/2009Status** UNDER EXTERNAL ADMINISTRATION and/or CONTROLLER APPOINTED **Locality of Registered OfficeRobina QLD 4226JurisdictionAustralian Securities & Investments Commission
DateNumberPagesDescription19/03/20097E20931522505U Notification of Appt of Administrator Under S.436a, 436b,436c, 436e(4), 449b, 449c(1), 449c(4) or 449(6)

not good for the industry

[boatboy50]

Hey Guys,

My thoughts are that they will leave the Perth manufacturing plant open (it's made for manufacturing aluminium boats and is well set up) and manufacture Quintrex, Stacer and Trailcraft out of the same factory to eliminate transport costs for their WA markets.

I would think they will also start building Trailcraft on the Gold Coast for the East Coast market.

Regards

Darren

[boatboy50]

Lets also hope TABS can work their way out of their problems.

They build a fairly good boat.

Regards

Darren

[TimiBoy]

Geez are there any manufacturers left?

Tim