Now I don't know if this is true. It could be second or third hand.

I heard the son had been taking it over and didn't have the boat sense or love of the company that his dad did.

Either way, economy or not the same leadership, I'm sorry to see a Cruising Boat company go under. Soon you won't have any substantial boats left for a cruiser to buy. Hey! Maybe that will make mine more valuable.

Is the glass half full now?

Go Slow
Sail Far
Stay Long