The sliding economy hit every boatbuilder hard, and venerable names like Hatteras proved no exception. That's why I was so heartened to walk around the company's New Bern, North Carolina, facility and see all sorts of sport-fishing and motoryacht productions under way. The craftsmen were all working diligently, and customers toured their prospective boats. And by the way, Hatteras' new president, Jim Neyer, is not only a gracious host who possesses a solid business-management background, but he also has a degree in naval architecture from the University of Michigan (one of the best) as well as an advanced naval-architecture degree from MIT! I expect to see all manner of high-tech design and construction advances incorporated into upcoming Hatteras models.