Independence, Oregon-based Marquis Hot Tubs, a manufacturer and supplier of heavy-duty hot tubs, swim spas, bathing chemicals, tub covers, and other related products, has announced the closure of its acrylic hot tub manufacturing facility in Independence, Oregon.
Manufacturing operations will be shared in space currently occupied by Artesian Spas, a sister company located in Las Vegas, Nevada
The closure will impact 115 employees commencing on September 1, 2023, through September 15, 2023.
According to Rick Gallagher, “Space-wise, it makes sense, and shipping and transportation will be much more cost-efficient for dealers out of Las Vegas versus Independence. Being able to have one stock of inventory to centralize dealers’ parts shipments is helpful. The freight piece is really a big deal.”
Marquis marketing, accounting, product design teams, and most administrative staff will remain in Independence to support the greater business of the entire enterprise, including Marquis, Artesian Spas, Tropic Seas, and Nordic Hot Tubs.
Private equity firm Monomoy Capital Partners purchased Marquis Hot Tubs in 2021 along with Las Vegas-based Artesian Spas. Monomoy also purchased Michigan-based Nordic Hot Tubs in 2022.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?