" Industry analyst Marisa Thompson, who tracks Brunswick for Morningstar Inc., said the boating business is at its lowest point in 15 years, calling 2007 a "complete bust" for new boat sales.
"Nothing on the horizon makes me believe this thing will turn around," Thompson said Friday. "Brunswick would not have done this if it was not absolutely necessary."
The Fortune 500 company also is scrapping its Laguna, Palmetto and Sea Boss lines. "
From an article on the net.