Cedar Point water main break will not hurt bottom line
Company may recoup funds from insurance
Tuesday, 10 June 2014
Lost ticket sales from the weekend shutdown at Cedar Point will have little impact in its annual revenue according to the amusement park’s parent company.
Cedar Fair is currently reviewing its business interruption insurance to determine whether it might be eligible for some reimbursement.
The city of Sandusky plans to assess the back-up pipe systems to ensure that water flow is not disrupted in the future. The 55-year-old water main has broken four times since 2003, but not during the park’s operational hours. Most of the previous leaks were from small holes, which city workers repaired quickly with a metal sleeve.
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