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| Drought officially over for all SC counties |
| The drought is officially over for all South Carolina counties after the State agency members of the S.C. Drought Response Committee removed the incipient declaration for 9 counties on Wednesday, December 9, 2009. Much of the state including the counties that were still in drought received 150% to 300% of normal rainfall over the past 30 to 60 days. According to Hope Mizzell, S.C. State Climatologist, the wet pattern this fall (September – November) was just what was needed to saturate the ground and jump start refilling and recharging our lakes and groundwater. Some areas of the state such as Walhalla reported the wettest fall on record receiving 27.65" which is 14.8" above normal. The wet pattern is expected to continue based on NOAA's long-range projections. According to Mark Malsick, S.C. State Climatology Office Severe Weather Liaison, "The current El Nino pattern has established an active, productive storm track over the southern US that will continue to deliver rainfall events to South Carolina every 4-5 days. This southerly track allows storms to tap into abundant warm moist Gulf of Mexico air. This warm moist air increases the chances for State-wide precipitation, and also intensifies the passing storms, which ensures even more rainfall per storm. The long range computer models continue to advertise this wet early winter trend through January." Find out more about the State Climatology Office. |
Yamaha Introduces New Four-Stroke V6 VMAX
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By: BoatingWorld Staff Chattanooga , Tenn. "With the VMAX SHO, Yamaha has done what everyone said couldn’t be done," said Phil Dyskow, Yamaha Marine Group president. "We have a four-stroke that out performs two strokes in many ways and provides best-in-class acceleration." |
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| Irwin Jacobs resigns role at Genmar | |||
| Boating Industry MINNEAPOLIS — As of last week, Irwin L. Jacobs is no longer Chief Executive Officer of Genmar, the company said in a release Monday. The separation will allow Jacobs to bid on Genmar’s assets without potential conflicts of interest. J acobs told the Minneapolis Star Tribune on Tuesday that he expects to be the high bidder for Genmar Holdings Inc., which is now up for sale. Jacobs began acquiring the boat businesses that led to the formation of Genmar more than 30 years ago. Advertisement Since June 1, Genmar has been operating under the direction of Manchester Companies Inc, a firm that was engaged as the Chief Restructuring Officer as required under the company’s debtor-in-possession financing agreement. Manchester has the full authority generally vested in a CEO. In addition, the company said an office of the president, including two representatives of Genmar and two representatives of Manchester, was also established in June. Genmar said that organizational structure will continue going forward. According to the Tribune, a stalking horse bidder in the Genmar auction hasn't yet been chosen and the deadline for selecting one is Nov. 18. The paper said a source close to the process identified the potential stalking horse bidder as Platinum Equity, a Beverly Hills-based firm that buys distressed companies. "Please understand that Genmar management, Manchester, our investment bankers and other professionals, are very diligently focused on completing the asset sale process as prudently as possible," Roger R. Cloutier, Genmar President, said in a note to dealers. "In the meantime, we continue to build boats based on a good backlog of orders and to support our dealers as best as possible." |
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