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Hatteras Yachts, Inc. up for sale after more than 100 employees laid off

By WCTI Staff
Published On: Jan 30 2013 12:52:41 PM CST
Updated On: Jan 03 2013 06:52:38 PM CST
NEW BERN -

After announcing that Hatteras Yachts has laid off more than 100 employees, the owner of the company confirmed it was putting the New Bern business up for sale.

Brunswick Corporation announced Thursday its board of directors is searching for a buyer for Hatteras Yachts and CABO.

"This action reflects our decision to exit the sportfishing convertible category and to concentrate our resources in the yacht segment on our remaining brands, Sea Ray and Meridian Yachts," said Brunswick Chairman and Chief Executive Officer Dustan E. McCoy.

"The current plan assumes that the eventual purchaser will retain both the physical plant and the talented workforce of Hatteras/CABO," McCoy said.

Meanwhile, 105 employees at Hatteras Yachts were laid off Thursday morning.

One of the affected employees is now facing crushing questions.

"What am I going to do?  Where am I going to work?" asked one of the employees, who asked to remain anonymous.

Dan Kubera, a spokesperson for Brunswick Corporation, said Thursday morning that 75 full-time employees and 30 temporary employees were laid off.  The company said the move was in order to adjust to market conditions.

Brunswick Corporation purchased Hatteras Yachts in 2001 and CABO in 2006. Both are based in New Bern.

As of the end of November, before the layoff announcement, Hatteras Yachts had approximately 545 total (full-time, salaried and temporary) employees in New Bern, according to Kubera.