June 26, 2008
Valdosta - The economic downturn is costing jobs in South Georgia.
Regal Marine in Valdosta has laid off 40 employees over the last three weeks.
They say the rising costs of fuel, oil and resin combined with a slow market has made lay-offs inevitable.
However they hope to re- hire the workers when the economy picks back up.
"I'll vouch for those guys. They were great and it hurts to loose anybody, any of these guys. We'll pick back up and hopefully we'll pick back up soon and we'll be calling those guys back," says Greg Justice of Regal Marine.
Brunswick Boats also announced today they'll be shutting down several plants throughout the country. They say power boat sales are the lowest they've been in 40 years.