The company reorganizes every two years, rotating at least thirty percent of its personnel including management staff.
The company reorganized in 1986 as a partnership for tax reasons.
The company reorganized as Bramo in 1936, and continued development of what was now their own large engine.
In 1919 the brewery was closed for Prohibition and the company reorganized.
The company reorganized at a moderate pace, left bankruptcy and is still in business.
The companies are not closing down, they point out, but merely reorganizing, sometimes leaving hundreds of jobs with the new, bigger company.
"Our goal is to get the company reorganized as quickly as possible."
The company later reorganized as Minstar with only the boat line.
The company will also reorganize into four units, each with profit-and-loss responsibility.
The company emerged from bankruptcy protection in 1997 and reorganized.
