Looks like bad news for future aluminum boat buyers

[Way2slow]

One of the U.S.'s top aluminum manufacturing plants has made massive cutbacks to its workforce, putting a halt to all operations for at least nine months, the company said on Wednesday.

[Captain Phil]

Covid caused a huge bubble in boat buying.   Our ramps have been totally maxed out on weekends for two years.  Most everyone who wants a boat now has one, so why build more?  We are coming to a time when you can get a real deal on a used boat.  Boats are the first thing to go when times get tough. 

[ChrisD46]

Ditto for Kayaks I predict (although not as bad as bass boats) ... The economy is looking a little shaky .

[Deleted account]

3 hours ago, Way2slow said:

One of the U.S.'s top aluminum manufacturing plants has made massive cutbacks to its workforce, putting a halt to all operations for at least nine months, the company said on Wednesday.

Not really a concern, unlike other things, that's not too difficult to restart. The next 18-36 months are going to be very lean, and these folks can see that, prudent business decision. 

[Woody B]

If I'm reading correctly it's an aluminum "plant" that's shutting down, not an aluminum boat factory?   I wonder how much aluminum used for boats comes from overseas.   Many....or maybe even most of the boat factories shut down during covid.  They may all have stockpiles of aluminum.