Baja Marine News

Seeks to Restructure Financing and Move Brands Forward. Efforts are underway to resume operations of popular boat builders Baja Marine, Donzi Marine, Fountain Powerboats and ProLine Boats, according to Ronald Glass, a Principal  in GlassRatner Advisory & Capital Group, LLC. Glass, who is headquartered in Atlanta, has been named temporary receiver of the four boat builders and their assets, along with Palmetto Park Financial, by North Carolina Business Court Judge James Gale. Following the Court’s decision, Mr. Glass made the determination that the interests of the boat builders would be served best by focusing their resources on managing through the transition process.

Last month a new product touted as a plank in the war to keep terrorism from U.S. shores was introduced in Washington, D.C. According to Eric Caplan, director of Boston Whaler Commercial & Government Products, the Sentinel is a unmanned surface vessel (USV), which is a sensing platform able to carry a wide variety of the latest technology sensing systems available. It is designed to be a multi-tasking craft, able to carry sonar for mine detection equipment as easily as it would carry systems able to sense bio-terrorism and nuclear devices aboard ships entering a harbor. "This country obviously has a big job ahead of it, to secure its borders," Caplan said.