Sea Ray to eliminate 90 jobs

KNOXVILLE, Tenn. – Sea Ray Boats will eliminate 90 jobs at its two Knoxville, Tenn., facilities, local television station WATE reported in a story on its Web site yesterday.

Sea Ray said the cuts are in response to continuing low consumer demand for boats. It is unclear which jobs will be cut, but Sea Ray says they make up less than three percent of its work force. Sea Ray will also reduce production at all seven of its U.S. manufacturing facilities, WATE reported.

"...we will reassign many employees whose jobs otherwise may have been eliminated and have them concentrate on vital strategic initiatives and projects, including continuous improvement projects, facility improvements and training," Rick Stone, president of Sea Ray Boats, was quoted as saying.

Stone also said workers who lose their jobs will receive help finding other work.

Sea Ray is headquartered in Knoxville and operates as part of the Boat Group division of the Brunswick Corp.

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