Sumerset to extend annual summer shutdown

SOMERSET, Ky. – Sumerset Houseboats annual summer shutdown will occur two weeks later than regularly scheduled and include an extended period of downtime for production, the company said in a release last week.  
 
Sumerset President and CEO Steve Lochmueller announced the adjustment of the dates of the annual shutdown saying, “Sumerset Houseboats is taking this proactive step to avoid margin erosion and allow a glut of finished inventory to clear out during the second half of 2009. This downtime is part of managing the houseboat industry sales cycle, and we view it as an opportunity to prepare for the 2010 Boat Show Season.

“All indications point toward a recovery to better times for the houseboat industry in 2010; and in preparing for the economic recovery, Sumerset will start accepting orders for the model year 2010 with delivery in the spring and summer boating season of calendar 2010.”

The company’s corporate headquarters and showroom will be unaffected by the production downtime and will remain open on the regular schedule.

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