Archive | Business

Everett waterfront project in limbo, but Port says improvements for boaters remain a priority

Everett waterfront project in limbo, but Port says improvements for boaters remain a priority

It’s an ambitious project intended to serve boaters, reconnect Everett residents with the city’s waterfront and transform a former industrial area into a vibrant new neighborhood destination. The $400 million Port Gardner Wharf project calls for a mix of condos, townhouses, office space, shops, restaurants, inns, a marine-related “Craftsmen District” and a network of walkways […]

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The difficulty in obtaining credit, combined with lower consumer demand, has had a severe impact on boat dealers.

Boat dealers, manufacturers squeezed by credit crisis

In the past two years, Bruce Hawthorne has cut his boat dealership staff by half, watched sales plummet and seen his interest payments skyrocket. “It’s ugly,” said Hawthorne, the owner of Camano Marine, a dealership that sells recreational fishing boats, trailers and parts. “I’ve been in the industry over 30 years and this is the […]

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Sinking boat sales cast a cloud over Opening Day

Sinking boat sales cast a cloud over Opening Day

New boat sales in Washington plummeted by more than 56 percent during the first three months of 2009 over the same period last year—indicating that the sinking boat market hasn’t turned around. Used boat sales fared only somewhat better, dropping 27.5 percent during the first quarter. But together, as the region’s boating season officially kicks […]

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