Skip to Main

Four Winns Welcomes New Owner

A final sale means smooth sailing for a local boat company and the community that depends on them. Four Winns welcomed their official new owners, Platinum Equity from California, on Tuesday. Back in June, Four Winns' parent company, Genmar filed for bankruptcy. In December, Genmar's assets, including Four Winns, were put on the auction block. After receiving bids from several different companies, Platinum Equity came out on top. Four Winns says they're excited about this chance to start fresh. They think a stable new owner will mean good things for the company and the entire area. Alex Jokich and photojournalist Joel Deaner have more details after talking to Four Winns and hearing what the future might hold.