New Boat Company announment Friday

[Tim Kelly]

And expensive.

 

[Glenn]

https://www.bassresource.com/bass_fishing_123/bass-boat-vexus.html

[BrianinMD]

45 minutes ago, 12poundbass said:

Hmmmm. As @J Francho knows I'm no businessman lol.....wouldn't you at least have a model to show or prototype when you have a launch like this? These guys are big wigs from Ranger so obviously they know what they're doing but I for one am pretty bummed and left scratching my head because there is to see is words for now. 

no, its all about marketing and hype. they reveal all now and their is nothing to keep the hype going until the classic. now we get to see glimpses and prototype drawings show up during this time.

[12poundbass]

1 minute ago, BrianinMD said:

no, its all about marketing and hype. they reveal all now and their is nothing to keep the hype going until the classic. now we get to see glimpses and prototype drawings show up during this time.

Usually I'm a patient person, but when it comes to stuff like this I want to see it all now. 

 

They're going to make tin boats too. Not sure if I can wait. Makes you wonder if there'll be and big names at the classic fishing out of a Vexus? 

 

These guys must have something big and innovative to fork over the cash to put up and brand new building and dive in head first with doing both glass and tin right out of the gate. 

[J Francho]

It looks like they're still building the facility.  That countdown clock is a common trick to build interest.

[Dwight Hottle]

19 hours ago, slonezp said:

Heard the rumors as well. The big V6 motors aren't cheap and are 1/3 to 1/2 the cost of the boats. I think if the other manufacturers could do a moderately equipped, quality built glass 18ft boat with a 150 for under the $30k they would give Nitro a run for the money. Is it feasible? Not sure. No other company has the buying power that Johnny has to keep costs low. Johnny has already implemented his power. He's installing Tracker parts in Ranger tins (proof on another forum) 

 

As far as the term value, it has different meanings to different people. Value might mean "the least expensive" it might mean "the best bang for the buck" and it might mean "pay more up front for quality and less on the back end for repairs" and it might mean "greater resale value". Our interpretations of the word should be relative to the purchase at hand. A guy who buys a $25k boat shouldn't expect the same quality and features that a $60k boat has Just like a guy who buys a Chevy shouldn't expect the same quality and features of a Lambo. Therein lies the problem because the fishing industry has done an incredible job marketing to our desires to become better fishermen. Therein lies the "excessive" costs. A fishing boat should be viewed at as a tool or a platform to catch fish rather than a tool to improve ones deficiencies. Some tools are better platforms than others and the platforms are all relative to the way we fish and the waters we fish. Fishing out of a $90k Ranger doesn't make us a better fishermen than a $25k Z17, just as driving a $250k Lambo doesn't make us a better driver than a $25 Chevy   

Added a thought. 

[WRB]

10 hours ago, Glenn said:

https://www.bassresource.com/bass_fishing_123/bass-boat-vexus.html

Vexus sounds and looks a lot like Lexus.

Tom

[Further North]

13 hours ago, Logan S said:

It was me , not my data though...I read it on another forum.  

Curious...is that number of units out the door, or sales dollars in the first column?

[Fishing Rhino]

Hmmmm, why can I see a large number of Ranger devotees switching to the new brand, just to get away from Morris?

 

How deep did the non-compete agreement reach into the existing Ranger power structure at the time of the transaction?  Seems like Johnny might have a few sleepless nights.  The lawyers must be huddling, looking for some way to alter this course of events.

 

Could Morris find this deal to be akin to the introduction of "New Coke" a few decades ago?

 

 

[Logan S]

8 hours ago, Further North said:

Curious...is that number of units out the door, or sales dollars in the first column?

I believe it is total boat sales, as in the # of boats bought....So a little over 9K new bassboats in total were sold from March 2016 to March 2017.  

 

----

 

I know it's still early, but I can't be the only who was hoping for something a little more than, "We're going to make boats..."  I wanted to SEE something!

[volzfan59]

Another new, to me anyway, is Ballistic Boats. Good looking boat. I've been told they are very expensive how ever.

[WRB]

Non compete agreements rarely extend beyond 2 years and don't include anyone other than owners selling the company, not employees. In most states you can't deprive someone from making a living in thier career field. I don't see a problem with the new LLC starting up a new boat company.

Tom

 

 

[Fishing Rhino]

3 hours ago, WRB said:

Non compete agreements rarely extend beyond 2 years and don't include anyone other than owners selling the company, not employees. In most states you can't deprive someone from making a living in thier career field. I don't see a problem with the new LLC starting up a new boat company.

Tom

 

 

I don't see a problem with it either.  It just seems to me that it might be an Excedrin headache for BPS/Morris.  He bought out Ranger only for it to be resurrected, albeit with a different name.  Time will tell.

[A-Jay]

1 hour ago, Fishing Rhino said:

I don't see a problem with it either.  It just seems to me that it might be an Excedrin headache for BPS/Morris.  He bought out Ranger only for it to be resurrected, albeit with a different name.  Time will tell.

 Seems like someone saw the writing on the wall as this may have been the plan all along.

Timing may not be everything but it can certainly be a good thing.

A-Jay

 

[MickD]

On 12/1/2017 at 10:06 AM, 12poundbass said:

Crazy though less than 10,000 boats bass boats sold in the U.S. ?

Keep in mind this chart is only bass boats.  Would be interesting to see total "fishing" boat sales, with all the Lunds, Crestliners, Monarks, BPS, and others.  

[Further North]

11 hours ago, Logan S said:

20 hours ago, Further North said:

Curious...is that number of units out the door, or sales dollars in the first column?

I believe it is total boat sales, as in the # of boats bought....So a little over 9K new bassboats in total were sold from March 2016 to March 2017.  

Thanks.  That makes a big difference in interpretation of $$$.

[NHBull]

Competition ultimately helps the consumer, albeit there are different levels of consumers.

The only things that sometimes becomes an issue is intellectual property and that usually lies with the previous owner and to the extent that it was protected.

 

[Peacock Choppa]

 This is what I found on the subject!

 

 

 

 

A new brand of bass boats will be introduced Friday morning in Flippin, Ark., another site has learned.

“Fifty years in the making... Centuries of custom boat building experience... And an unparalleled commitment to excellence. It’s all part of our deep-rooted legacy as we launch an all-new fishing boat brand in Flippin, Ark,” reads an invitation to the company’s unveiling, which is slated for 11 a.m. Friday at the Forrest L. Wood Outdoor Sports Gallery.

A ribbon-cutting ceremony will take place afterward at the nearby Flippin Industrial Park, where the company’s manufacturing facility is presently under construction and is slated to be completed during the first quarter of 2018.

The identity of the brand is being withheld until Friday's announcement, however, the leadership group behind the new company includes familiar names in the bass boat industry. Keith Daffron, the former vice president of sales at Ranger Boats and grandson of Ranger Boats founders Forrest and Nina Wood, will serve as president. Mendel Hughes, the former vice president of finance at Ranger, will be the chief financial officer.

Both Daffron and Hughes, along with Randy Hopper, resigned from their executive positions at Ranger in November 2015, less than a year after Bass Pro Shops acquired Ranger, Triton and Stratos from Fishing Holdings, LLC.

Read more: http://www.another site.com/docktalk_article/18801/new-boat-company-to-be-unveiled-friday#.WiSSvoWcE5s#ixzz50FLbloom

[12poundbass]

48 minutes ago, Peacock Choppa said:

 This is what I found on the subject!

 

 

 

 

A new brand of bass boats will be introduced Friday morning in Flippin, Ark., another site has learned.

“Fifty years in the making... Centuries of custom boat building experience... And an unparalleled commitment to excellence. It’s all part of our deep-rooted legacy as we launch an all-new fishing boat brand in Flippin, Ark,” reads an invitation to the company’s unveiling, which is slated for 11 a.m. Friday at the Forrest L. Wood Outdoor Sports Gallery.

A ribbon-cutting ceremony will take place afterward at the nearby Flippin Industrial Park, where the company’s manufacturing facility is presently under construction and is slated to be completed during the first quarter of 2018.

The identity of the brand is being withheld until Friday's announcement, however, the leadership group behind the new company includes familiar names in the bass boat industry. Keith Daffron, the former vice president of sales at Ranger Boats and grandson of Ranger Boats founders Forrest and Nina Wood, will serve as president. Mendel Hughes, the former vice president of finance at Ranger, will be the chief financial officer.

Both Daffron and Hughes, along with Randy Hopper, resigned from their executive positions at Ranger in November 2015, less than a year after Bass Pro Shops acquired Ranger, Triton and Stratos from Fishing Holdings, LLC.

Read more: http://www.another site.com/docktalk_article/18801/new-boat-company-to-be-unveiled-friday#.WiSSvoWcE5s#ixzz50FLbloom

Fashionably late?

[slonezp]

On 12/1/2017 at 10:18 PM, Further North said:

Curious...is that number of units out the door, or sales dollars in the first column?

http://boatingindustry.com/top-stories/2016/06/09/market-trends-freshwater-fishing-boats-growing-larger-more-sophisticated/

Recent data from Statistical Surveys confirms that the freshwater fishing market continues to exhibit modest growth in the mid-single digit range each year. According to SSI, in 2013 dealers sold a total of 53,371 outboard-powered aluminum fishing boats in the United States. That figure grew to 56,788 boats in 2014, representing growth of 6.4 percent. For calendar year 2015, U.S. dealers sold 59,085 freshwater fishing boats, a further 4.0 percent jump.

Sales of fiberglass freshwater fishing boats were lower in terms of overall unit volumes but follow a similar trend, growing from 7,577 boats in 2013 to 8,031 boats in 2014 for a 5.9 percent gain. For 2015, dealers sold 8,561 fiberglass freshwater fishing boats, representing a 6.5 percent gain.

[Further North]

21 hours ago, slonezp said:

http://boatingindustry.com/top-stories/2016/06/09/market-trends-freshwater-fishing-boats-growing-larger-more-sophisticated/

Recent data from Statistical Surveys confirms that the freshwater fishing market continues to exhibit modest growth in the mid-single digit range each year. According to SSI, in 2013 dealers sold a total of 53,371 outboard-powered aluminum fishing boats in the United States. That figure grew to 56,788 boats in 2014, representing growth of 6.4 percent. For calendar year 2015, U.S. dealers sold 59,085 freshwater fishing boats, a further 4.0 percent jump.

Sales of fiberglass freshwater fishing boats were lower in terms of overall unit volumes but follow a similar trend, growing from 7,577 boats in 2013 to 8,031 boats in 2014 for a 5.9 percent gain. For 2015, dealers sold 8,561 fiberglass freshwater fishing boats, representing a 6.5 percent gain.

Thanks!

[Johnbt]

I'll look at them when they get cranked up. I'm still looking, but I'm in no hurry.

 

The chart explains why the local Allison dealer didn't have a bunch of bass boats for me to look at. Nice stuff though.

[12poundbass]

On 12/1/2017 at 12:57 PM, J Francho said:

I feel like these are going to be expensive....

It appears that you hit the nail on the head!

 

Will you be making a better or different bass boat or what?
Certain people might think we’re coming out with a Ferrari. We want to build a product that we aren’t afraid to sell, and a customer’s not ashamed to spend his hard-earned money to buy. Generally that means the top end of the segment…high resale values, and the boat the stands the test of time better.

When will we see the first ones?
We’ll introduce the product at the Classic, but they’ll be prototypes that were not built on a production line. We’ll have a production line soon thereafter. The product will evolve…to new models throughout calendar year 2018.

Can you say anything about price point?
It certainly won’t be the cheapest in the marketplace, but I think it will be one of the better values. …new technologies, quality, things we will reinforce behind the product….

 

This is from a Bass Blaster interview. 

[Megastink]

They want to build the best quality and charge whatever the price is that makes sense for said quality. I’m not surprised, considering these folks all come from Ranger. I’m sure the product will be top notch.

 

still, part of me is saddened a little. I think the industry needs an independently owned, budget-friendly glass boat option. This interview makes me look even harder at Xpress and Crestliner.

[J Francho]

Xpress and Crestliner are not independently owned.