Ranger Boats Extends Shutdown

FLIPPIN, Ark. (AP) -- Ranger Boats is doubling a two-week layoff, which the Flippin manufacturer says is needed because of reduced demand.

The plant is down to 450 workers from about 800 last year. Ranger Boats president Randy Hopper says the factory will open July 6.

Ranger Boats is owned by Minnesota-based Genmar Holdings Inc., which filed for bankruptcy protection on June 1. But Hopper says the shutdown is not related to that filing.

Ranger makes fiberglass fishing boats and is one of 13 brands owned by Genmar, which filed for Chapter 11. Genmar has about $1 billion in annual sales.

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