Record #:

16334

Author(s):

Perkins, David S.

Abstract:

Reggie Fountain is a champion powerboat racer and his company, Fountain Powerboats of Washington, is a $20 million-a-year business in a boating industry that has doubled to $18 billion nationwide as of 1988. However, overproduction and a downturn in luxury boat buying has reduced profits for many and some manufacturers have gone into bankruptcy. Perkins discusses Fountain's company and its prospects for the future.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 10 Issue 6, June 1990, p56-58, 60, 62, 65, 67, por

Subject(s):

Boats and boating--North Carolina, Eastern