Everglades delays introduction of 2010 model year

EDGEWATER, Fla. — Fishing boat manufacturer Everglades Boats will delay the introduction of most 2010 model boats until September 2009, the company reported in a release today.

Company President Stephen Dougherty said the move is intended to give the Everglades dealer network additional factory support to retail model year 2009 inventory.

“We are analyzing every facet of our business from manufacturing to engineering looking for ways to help our dealer organization survive a challenging market and be prepared to prosper when the market begins to recover,” Dougherty said.

The production of Everglades 2010 models will commence sometime in September. For the newly introduced 350 Express and 320 Express models, Everglades will introduce 2010 models as scheduled in June because field inventory of that size and type are low, the release stated.

Everglades said that in addition to helping dealers lower their inventory, floor plan companies will benefit from the delay by maintaining higher values of Everglades product at dealer showrooms, since typically new model year product introduced in June would devalue existing inventories in the field.

“Due to the extreme pressure on inventories, higher carrying costs and the tough economic climate,” explained Greg Allen, Everglades vice president of sales, “we felt it was a prudent decision to delay the delivery of specific 2010 models to our dealers.”

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