Fairline Factory Visit (aka Jolly Boys Outing)

petem

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www.fairlineownersclub.com
Some of you may remember that I made a brief visit to Fairline back in February and met the new management team. They kindly invited me back for a follow up meeting and asked if I'd like to bring some friends. Not having any friends, I invited Jimmy The Builder, Deleted User, Jez and Rafiki (plus another forumite who may wish to remain anonymous) and we all made our way to Oundle today.

As ever, we had a very open and thorough chat, had a tour of the factory and were privileged (and trusted!) to be shown some of the new product designs.

Understandably, the product thinking was under NDA but I think its fair to say that we were very excited by their plans and IMO when they go into production they'll put Fairline back at the forefront where they deserve to be. Those more knowledgeable than me gave some decent sounding feedback which appeared to be well received.

We were there for five hours, Miles their Marketing Director hosted us for the afternoon, Russell Currie (MD) was there for much if it as well at Martin their Ops Director, Karl Gilding their Product Development Director and Andrew Pope their head of design. They are all Fairline fanatics, many of who worked alongside Derek Carter (plus spells at Princess and SS). I think you'd struggle to fine many people that understand the design, construction, marketing and selling of power boats better than those guys.

I didn't take minutes, but this is what I can recall.....

We jointly agreed that the market has changed over the last decade, new buyers are entering the market and jumping straight to 50ft+ and want joystick controls and the most amount of space possible for a given length. The narrower beamed boats that FL have traditionally made are no longer what buyers want. If FL are to build beamier boats then they still need to perform / handle well to be true Fairlines.

People need to be cognisant that the UK is just one of FL's markets. Historically their boats have sold well in the Baldricks, SofF, Turkey, the Far East and Florida. Each of these markets is very different, not only from customs and how business is done, but also for boat design and how boats are used (no American would ever use a lower helm).

We spent a fair amount of time discussing what went wrong in the period after Derek Carter. One interesting topic was the lacquering machine that was purchased at great expense a few years ago. Apparently it can only lacquer flat pieces of wood and that had led to a "cart before the horse" design approach where interiors were designed so that the wood could be lacquered by machine! Needless to say, new Fairline will return to lacquering the old fashioned way in the future giving the
design team the flexibility to design beautiful furniture (potentially without sharp corners) once again. A debate was had with regard to Fairline DNA and what's important to buyers. The importance of what's (seen to be) handmade appears to be more important to buyers from some countries that others!

The topic of why FL hadn't been in touch with existing owners to discuss their plans was raised. There are two barriers preventing this, firstly one around what is legal and proper with regarding to using customer details and also, in many cases, owners have not registered their boats with FL so they simply don't have owner's contact details. FL are aware that there's been criticism of them being slow off the mark in this regard.

Another interesting topic was propulsion systems. It will be no surprise that Pods give better interior space and are easier to fit. However, getting their Olesinski hulls to work well with pods has been a challenge. FL's feeling is that Olesinski's hulls work much better with shafts. Apparently one insurer is now starting to load premiums for pod propelled boats due to the high costs of repairing damage.

We also talked about boat construction. FL explain how their inner mouldings help to provide rigidity in a monocoque fashion. I hadn't realised that the bulkheads are actually fitted into grooves and are in place (to form part of the overall boat structure) when the superstructures are dropped onto the hulls. FL also explained how they vacuum bag (resin infuse) some of their models, e.g. the Targa 53. To get a perfect finish they still apply the gel coat and first layer of glass fibre by hand.

Finally we were given a full tour of the factory. Anyone who thinks this is a few guys working in a shed is mistaken. The three factory units (one of which they own) are expansive and well equipped. It was great to see true craftsmen at work, laying up hulls, making joinery, lacquering, etc. All the workers looked busy and motivated. In all, there looked to be around 10 boats under construction. In the two months since I was last there, the factory and offices have been transformed. There's still work to be done and lots of tidying up required but they certainly have the space to increase production from their 37 boats this year to a hundred or so in 2018. Currently under construction are two customer lounges where customers can choose fabrics, finishes etc. Surprising, the majority of customers do this during a factory visit rather than at a dealer's showroom. Foreign buyers expect a bit of comfort here!

No doubt there's load I've forgotten but hopefully the other chaps can correct or add what I've missed.

As ever, thanks to Miles and the rest of the FL team for their hospitality and endless patience answering all our questions. If anyone deserves success, they do.
 
I was there also.

They have done a remarkable job in a short period of time. From standstill to now is some 3 months.

In that time they have

- recruited 100 people
- moved the Corby site to Oundle ( that is being completed this weekend)
- finished and delivered one boat
- have another 7 I think I counted ( Pete says 10 he maybe right) in build. 2 of these are orders sold by the prior owners which they are completing , but the balance are new boats sold by the dealer network to new customers.
- run a design beauty parade and chosen a designer for new models


They have done a good job to date.

We were shown some new designs which will start to become public over the next few months. As Pete says this is the only thing we were asked not to report on .

The designs look good. There is no lets tart up an old model going on here. We questioned the process from design to mould to production and received comprehensive answers. Interestingly moulds for boats upto 60 odd feet are now created on a giant CNC machine and take 4 weeks to produce. This technology was put in place to allow for the creation of moulds for wind turbines. The main challenge is getting your slot on the CNC machine.

They are facelifting the 48 and 65 in response to customer feedback.

I was honestly surprised at what they had achieved in such a short time. It is early days but the business is now under one roof. The flashy management offices have gone and people are working away on making boats.

Congratulations.
 
Comprehensive report, Pete. Can't add much else that wouldn't fall foul of the NDA that we all signed. I was greatly encouraged by the commitment and enthusiasm of the Fairline guys and by their willingness to discuss their thoughts and plans with a bunch of idiots like us. I was also encouraged to hear that the new Russian owners seem to be boating nuts like us. The company needs committed owners as well as committed staff. It was also pleasing to see the number of boats in build all of which seem to be genuine orders with deposits and more apparently in the pipeline. With an improving market and a fair wind it looks like Fairline might just manage to extract itself from its recent difficulties and go on to some form of prosperity and stability

Can't say much about the proposed new designs of course but I hope they get the funding to develop these designs because they certainly have a wow factor which Fairline haven't had in the past and trying not to give too much away, I like the direction in which they are going on these designs

The one thing I couldn't understand was their reasons for not being able to contact previous Fairline owners with marketing material and their citing of data protection laws. If protection of dealer data is an issue, how come I get a nice magazine from the Ferretti factory every quarter?

Anyway, a thoroughly interesting and enjoyable day and a big thank you to you for arranging it and to Fairline for hosting it
 
chosen a designer for new models
If he's a good one, he's bound to be Italian, surely? :cool: Now, where's my coat when I need it...

Regardless, thanks folks for the interesting report. And all the very best to FL team! :encouragement:
 
Also an interesting discussion regarding stabilisers. Martin Hicks has obviously sea trialled many Fairline Boats and had observed that fins and gyro's suit different models. The 78 for example benefits from the extra lift and works better with fins (it would need two Seakeepers instead which would occupy considerable space in the crew cabin). Whereas the Sq60 (I think) is amazing with gyro's (far more stable than with fins).
 
An interesting read and good to hear that Fairline appear to be on the up so thanks for sharing.

I have had a look round a couple of smaller boat building operations (Brooms and Redbay Boats) and found it really interesting to see how it all works. It would be interesting to see things on a larger scale with the likes of FL/Princess/Sunseeker etc.
 
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I had a very interesting chat late in the night at one of the Singapore show parties when a lot of truths came out including the reason behind the Targa 53 failings. If what was said was true it was quite shocking and moving forward shouldn't be too hard.

Here's wishing the FL team all the best :)

Henry :)
 
Can I add my thanks to Pete for organizing the day. Great way to spend an afternoon, talking boats with enthusiastic owners and builders. The new management team care deeply for Fairline, and are committed to building a great business. Still some work to do in the factory buildings to get properly organized for when they push production up over the next 2 or 3 years. They have the bones of a great 5 year plan, and I wish them all the best in delivering it. The Fairline guys were very honest about the recent past, and the learning points for the future. They all seem like thoroughly good people who deserve to succeed too.
 
Whereas the Sq60 (I think) is amazing with gyro's (far more stable than with fins).
That's indeed interesting to hear.
While I always thought (for several reasons) that I'd rather have gyros than fins on any boat up to 70' or so and capable of 30+ knots, my understanding has always been that purely in terms of stabilization effectiveness fins have an edge vs. gyros anyway, AOTBE.
Hearing that a 60' P hull can be even MORE stable with the latter than with the first (and of course I'm assuming that they made the comparison with a properly sized equipment in both cases) is definitely something I wouldn't have expected.
 
The one thing I couldn't understand was their reasons for not being able to contact previous Fairline owners with marketing material and their citing of data protection laws. If protection of dealer data is an issue, how come I get a nice magazine from the Ferretti factory every quarter?

Probably because of different data protection laws (or interpretation) in Italy? The new FL is a different company, so, although it seems stupid, I can understand that they won't have access to the old data base. Data protection is a hot potato in the UK right now.
 
Great to see Fl back and i really hope they do well.

One very good thing to say about them is that when i was looking for an older boat last year i looked at everything i could and FL boats aged the best by far. The build quality and use of good materials 25 years ago can still be seen now.

I did see some other makes that made me shudder...Sealine and SS for example.
 
Excellent news re Fairline but I find "new buyers are entering the market and jumping straight to 50ft+" unbalievble. Surely that was the start of Fairline's downfall when they stopped making smaller boats.
I can't believe +50' market is anywhere near the -50'. Just look at boats for sale in the UK on ybw, 902 up to 50', 166 of them new and only 183 above 50'., with only 13 of them new.
A big mistake if Fairline haven't learnt lessons from the past and doomed to fail again.
 
Excellent news re Fairline but I find "new buyers are entering the market and jumping straight to 50ft+" unbalievble. Surely that was the start of Fairline's downfall when they stopped making smaller boats.
I can't believe +50' market is anywhere near the -50'. Just look at boats for sale in the UK on ybw, 902 up to 50', 166 of them new and only 183 above 50'., with only 13 of them new.
A big mistake if Fairline haven't learnt lessons from the past and doomed to fail again.

The economic crisis and poor management were the start of FL's dowfall. There no evidence that I'm aware of that making a 30ft boat for example would have helped.

There's still demand for <40ft boats but the feeling is that buyers are less willing to pay the high prices that FL/SS/Pr need to charge to make production worthwhile. The entry level argument is well understood though.
 
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Kev, it is important to recognise that Fairlines sales are quite well spread geographically, and UK is less than 20% of their market. New buyers are not looking at the buying websites that we might be here in the UK. Whether we like it or not, the sub 40ft new boat market is very crowded with French and US boats, built in high vols. I don't think that Fairline would want to exclude themselves from any market in the future, but it must make good business sense.
 
It was nice to read some more fact based stuff re Fairline and the story that is unfolding. I respect that there is of course an NDA in place

Thank you for posting and I sIncerely hope that all concerned at Fairline turn the business around into a storming success
 
I appreciate that Fairline want to be a global player but take the biggest boating scene in the world, the Solent as an example. 50' + isn't turn up on your boat and go, you have to book into a marina well in advance and many will only be able to accommodate you on a hammer head. It's like ford saying we can't compete with the French on small cars so we'll start at the Mondeo and let others have the most popular end of the market.
 
On the other hand Jaguar don't make an equivalent to the Ford Ka, Peugeot 106, etc and likely never will. It hasn't stopped them becoming a very successful luxury car maker. I don't think the UK has ever had a real industrial strength boat producer along the lines of the big French or US companies. FL, Prin and SS most probably see themselves more like JLR, Mercedes and BMW than Ford or GM.
 
I appreciate that Fairline want to be a global player but take the biggest boating scene in the world, the Solent as an example. 50' + isn't turn up on your boat and go, you have to book into a marina well in advance and many will only be able to accommodate you on a hammer head. It's like ford saying we can't compete with the French on small cars so we'll start at the Mondeo and let others have the most popular end of the market.
You are right for Solent and other UK marina's, and F/l have the T38, although Henry F seems to be able to park his Prinny where he wants to. I don't get the bit about Ford and French cars. you might equally say that the French don't make a large car to compete with the Mondeo. They have tried, but nobody outside of France buys them. In fact Ford is struggling with the Mondeo, as most buyers want Bimmer/Audi/Merc in that size. The bottom line is that Fairline needs to make boats that they can sell at a margin that will allow them and dealers to build their businesses.
 
On the other hand Jaguar don't make an equivalent to the Ford Ka, Peugeot 106, etc and likely never will. It hasn't stopped them becoming a very successful luxury car maker. I don't think the UK has ever had a real industrial strength boat producer along the lines of the big French or US companies. FL, Prin and SS most probably see themselves more like JLR, Mercedes and BMW than Ford or GM.


Fairline ain't Jaguar and never have been, they're Ford at best. Sunseeker = Jag with the Big italians being the the porche's of the world.
 
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