There's a winning bid for a company to become the new owner of Cadillac based boat manufacturer Four Winns
CADILLAC -- There's a winning bid for a company to become the new owner of Cadillac based boat manufacturer Four Winns.
Its parent company, Minneapolis based Genmar Holdings was up for auction, and Friday it was announced that Platinum Equity of Beverly Hills California placed the highest bid.
Four Winns President Jeff Olson says Platinum's plan is to expand operations at the Cadillac plant, which could mean more jobs for the area.
Closing is expected on January 20.
