YARD VISIT Bay Industrial
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Low cost is often associated with low
quality. Bay Industrial is one Asian company
challenging that assumption B324/53@0C@5@3>=@BA
wenty years ago, if you to Asia. Inflatable boats are clearly not inflatable boats under its own LodeStar T
walked along the waterfront the only marine product to have been brand in Korea in 1986. Initially, the
anywhere in the Med and affected but it’s interesting to examine factory was located in Chungju, Korea,
took a good look at the this particular sector of the industry 80 miles east of Seoul. Then, in 2002,
inflatable dinghies pulled — especially since at first glance, the production began in China in response
up on the beach or hanging off the products are relatively large and bulky to to increasingly stiff competition from
yacht transoms, you’d have seen ‘Made transport versus their cost. Chinese manufacturers.
in France’ or ‘Made in the UK’ marked Korea-based Bay Industrial is a good Bay’s main customer at the time,
prominently on the vast majority. example of a company that has thrived the Mercury Marine division of the
Since then, significant shifts in the under these practices, especially in Brunswick Corporation, was looking
economics of production and shipping the light of its decision to move its to obtain lower cost boats in order to
have seen the transfer of virtually an production sites within Asia. stay competitive. After disappointing
entire industry from Western Europe The company began manufacturing experiences with another Korean
!$ August/September u0s www.europeanboatbuilder.net
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