
Waterfowl season is just around the corner in Alabama, and area DU chapters are holding events to raise money for projects.
The annual Huntsville Ducks Unlimited Chapter banquet is scheduled for Friday night at the Huntsville Jaycees Building.
Doors open at 6 p.m. and tickets are available for pre-purchase or at the door. Tickets are $45 for singles, $65 for couples and $25 for Greenwings (age 17-under), and $260 for Sponsors or $350 for the “Sponsor Plus” package.
The banquet will include a meal, cocktails, live auction, silent auction and tier raffle. Additional specials offers will be set up in the Duck Hunters’ Extravaganza, Deer Hunters’ Extravaganza and Turkey Hunters’ Extravaganza with special items in each for those hunters.
Eighteen guns will be raffled, along with special Ducks Unlimited artwork and other DU items for hunting or the home.
Additionally, representatives from the Super Retriever Series will be there to discuss their national championship qualifying event scheduled Nov. 6-8 at Hampton Cove and the Jones Farm in Jones Valley. (See more on that below.)
The Huntsville Jaycees Building is located off of Airport Road across from the Huntsville Municipal Golf Course. Dinner begins at 7 p.m. following a social hour.
For more information about the Huntsville Ducks Unlimited Chapter banquet, contact Jon Stephens at jon_stephens@bellsouth.net or 256-221-8083
Genmar to sell Ranger Boats
Bankruptcy filings show Genmar Holdings will attempt to sell Ranger Boats, and others in its lineup, instead of continuing a reorganization plan that so far has proved fruitless.
That sale could be done outright to an individual or a group. It also could be via auction in a breakup of the company. Should the latter occur, I suspect any auction would be completed by mid-December and would need to be approved. That would give the companies time to get squared away before the new year begins.
Genmar, a boat manufacturer and distributor, is being sued by what seems to be about 40 bazillion creditors for payments. A list of creditors has included small companies such as a restaurant in Minneapolis and large international corporations seeking millions. The situation is ugly, deep and while maybe more common in the world of Wall Street business, is quite unsettling and scary to the employees of the boat companies and anglers on the FLW Outdoors circuits trying to fish professionally for a living.
Interestingly enough, Genmar founder Irwin Jacobs will be a bidder in the sale.
“Unfortunately, I can’t give you the information for that right now because it’s not public, but I plan on being a bidder for the assets and continue the business as it is,” Jacobs told Soundings Trade Only.
It’s unsettling throughout the fishing industry right now no matter how many little bits of sunshine people want to try to find. You can ignore the news but that doesn’t make the reality go away. I’ve talked with people who say the recession is bad enough, but that Genmar’s bankruptcy and the uncertainty of the FLW Outdoors circuits is troubling for the entire industry. Stability is needed. Perhaps the sale of Genmar will provide that.
FLW has announced it’s 2010 tournament schedules, which were tweaked, and is moving forward despite reports of loss of sponsors or reduced sponsor involvement. That’s good. For whatever business models exist, it’s good to have competing professional fishing circuits. It provides anglers more opportunities, keeps the organizers on their toes and helps the industry.
So what happened to the boating industry? In a nutshell, from one of the Genmar bankruptcy filings: “The marine industry began to be negatively impacted by a number of macro-economic factors and other factors unique to the industry beginning in the fall of 2007. The Debtors responded immediately to these market conditions with operational changes, and infused additional equity, but conditions continued to erode as overall economic concerns lead to falling customer confidence and declines in retail sales. In addition, financing sources previously available to Debtors and their dealers became more restrictive and, in some cases, unavailable.”
In other words, boat purchases slowed to the point that companies began scaling back. Then the bottom dropped out when consumers quit buying boats and banks quit lending money. Voila! Instead of a limit you have a basket of dying fish.
The next year should be quite interesting for the industry, without a doubt.
Jim Gaffigan on Christmas and Easter
One of my favorite comedians has a quite funny take on the holidays and folks who go gung-ho into decorations, among other things: http://www.youtube.com/watch?v=QjJCIbC9sxA

