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Published: Friday, 12/22/2006

Cedar Fair to spend $83M on park projects

SANDUSKY Cedar Fair LP said yesterday it is spending $83 million on capital improvements for next season at its 12 amusement parks and six water parks.

Included is $21 million for a new roller coaster, called Maverick, at its flagship Cedar Point park in Sandusky.

The company also will spend $11 million to expand the water park at its newly acquired Kings Dominion amusement park in Virginia and $10 million and $8 million for new thrill rides at its Kings Island park near Cincinnati and Knott s Berry Farm in Los Angeles, respectively. Neither ride has been announced.

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