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Originally Posted by tis
Four Winds is going out of business? I didn't know that.
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Groupe Beneteau is halting production at the Four Winns manufacturing facility in Cadillac, Michigan, effective at the end of August 2026. The company is actively seeking a buyer for the facility and the Four Winns, Scarab Jet, and Glastron brands, citing €30 million in losses over two years and a downturn in market demand.The production halt affects 232 employees at the Cadillac plant, which has produced boats for more than 50 years. During the divestiture and sales process, Groupe Beneteau stated that after-sales service and spare parts will continue to be maintained for owners and distributors. The company is pivoting its resources toward seven of its strategic brands: Beneteau, Jeanneau, Prestige, Excess, Lagoon, Wellcraft, and Delphia