CC production numbers

[ag4ever]

Why does CC refuse to release production numbers?

In the WaterSki mag tests, almost all manufacturers had the number of boat producted last year posted. The only ones that withheld those numbers were the smaller niche builders.

Is CC ashamed of how few boats they built last year?

Does CC want to be viewed as a niche builder?

[ffmedic74]

RE: CC production numbers

My guess would be marketshare. If CC gave this number out it would be easy for everyone to see how much marketshare others compared to CC had.

[Gettin_Stoked]

RE: CC production numbers

We could figure out an average selling price for CC boats (across all models) and calculate number of units based on their reported revenue.. No doubt they have lost a lot of market share to Malibu..

[66Skylark]

I don’t believe CC makes it’s earnings public either… They are a privately owned company, unless you’re a member of the family or an investor they don’t have to disclose these numbers…

[MARK-S]

The fewer they make, the more attention to detail they can afford. They are also in a new plant today. I think they may have been limited by there old facility. I will take quality over quanity any day of the week.

[ski36short]

So what's the magic production number that will provide enough "attention to detail" to stop using tape striping?!? 10? 20? :grin:

[Edwin]

How many senior leadership changes have been made at CC in the past 12-24? CEO's, VP of marketing, etc? Frequent changes at the top is not a thing to be proud of. My guess is that McNew's history /experience at Brunswick was a model that couldn't be adapted to the CC family owned business, hence his departure. Yeargin's background in more a niche industry seems like a better fit for CC IMHO.

"The fewer they make, the more attention to detail they can afford. They are also in a new plant today." How on earth is CC going to pay for this new plant? Building fewer boats is NOT an option, and charging more for each boat won't go over very well either. End of the day, CC is running a business and needs to turn a profit along the way.

[bkhallpass]

How on earth is CC going to pay for this new plant? .

I have been told that it is not boat sales which have afforded CC the cash to build a new factory, rather, it is royalties from wakeboard towers which has provided the spare cash.

BKH

[skinautique]

How on earth is CC going to pay for this new plant? .

I have been told that it is not boat sales which have afforded CC the cash to build a new factory, rather, it is royalties from wakeboard towers which has provided the spare cash.

BKH

Very Funny. The royalty is only about $50 or less.

[AbunDiga909]

$50 per every non-CC tower sold adds up... or is it $50 total...?

[EarlyRiser]

Changes in top leadership PLUS NEW ADDITIONS. Anyone have any idea how many extra people they brought over from SeaRay, Boston W, other Brunswick holdings? If Ed is correct, what effect will they have on CC? History with Accountability? Or just the latter (like most large corporations)?
AND, how much "history" has been lost or "moved" in the last few years? Larry Medock retired, W.N. retired, their production VP passed away, overseas manager retired, etc...

[AbunDiga909]

However they're going to pay for it, I doubt they're still trying to figure it out now. Funding a huge project like this would be one of the things considered early in the process, not something to discuss now that its done. They either have a solution, or dont. They cannot afford a "gray" area in trying to afford this thing.

I think it will prove to be sucessful. I have no clue what specific stuff Yeargin has done, but I hear good things. I know the guys down there have been very busy with numerous meetings, so they must be doing something...

A couple years ago at the show here in nyc Gary Meloon said that once they get the new factory up and running, they hope/plan to introduce 2 new models each year. As hard as it was to believe, I have to give them props (no pun intended) on pulling through as planned the first year. This 210 and 236 was no small deal, despite what we think of the 210. I would buy an '06 over an '07 if I had to choose, but I'm sure it will grow on me and many others, just like the 211 and 220 did...

P.S. At a starbucks just an hr ago or so, picked up, and saw 2 huge 18wheelers w/ 2 yachts on each going down broadway followed by 2 oversize load cars... the show is coming to town!

[bkhallpass]

Ski Nautique,

I don't work for CC, and don't know their finances. Perhaps you have that insight.
However, even if I assume your numbers of $50 per tower, and I assume only 10,000 towers per year (a low assumption I would think), that's $500,000 per year, or $62,500 per month.

If I assume the royalty is 7% on each tower, and I assume say 20,000 towers per
year at an average price of $1000 per tower then we are talking $1.4M per year, or $116K per month. Enough to cover a $10M dollar loan if amortized over only 10 years.

Since I doubt I'll ever know the real numbers, all I can do is make some assumptions and go by what has been shared with me by what I consider reliable sources.

I don't think it's funny at all. I think it was an incredibly shrewd business move on the part of CC to patent the wakeboard tower. BKH

[redelf75]

I'll second those numbers, but whether it's 62K or 1.62M, it's nothing to sneeze at. Touche CC.

And while we're all on the topic of guessing what business stratigies CC likes to subsribe to , I'll venture that the Hydro Gate is what it is, and not similar to the BU wing, so CC is perceived as an innovator and not a "me too" company - and they don't want to pay royalties....

[ag4ever]

I'll second those numbers, but whether it's 62K or 1.62M, it's nothing to sneeze at. Touche CC.

And while we're all on the topic of guessing what business stratigies CC likes to subsribe to , I'll venture that the Hydro Gate is what it is, and not similar to the BU wing, so CC is perceived as an innovator and not a "me too" company - and they don't want to pay royalties....

Is BU looking for royalties? I can't see where they would ever win that case. if they did, they would have to pay royalties to bennett for the wing based on how it changes the wake like a trim tab would. Also Tige would have to pay based on their use of the trim tab, I mean TAP system. I could see a better correlation between the Tige and the CC system than the CC to BU system, and even that is a stretch.

All in all, I really don't care about CC's revenues or their royalties on Patents etc... I just want to know how many SANs they sell, how many SNs they sell, etc...

Where do they fit in the market as far as production numbers go. And I don't think being the largest producer is best. Sometimes the smaller producers are the beat. (Porshe, Farrari, Bently, etc...)