Marlow (Mainship/Hunter)

Marlow Yachts, based in Palmetto, Fla., is owned by David Marlow, who also owns Marlow Marine Sales in Sarasota, Fla., Merrill-Stevens Boat Works in Miami and the Norseman Shipyard in China. Marlow acquired the assets of Hunter, Mainship and Luhrs in 2012 and builds yachts from 53 to 97 feet.

Marlow signs Hunter lease for Florida facility

In response to concerns that Hunter Marine will begin manufacturing in China after its sale to Marlow Acquisitions LLC, president John Peterson and new owner David Marlow have spoken out. “As part of the [asset purchase agreement] a lease for the facility in Alachua [Fla.] was signed between Marlow and Bank of America,” said Peterson,…more


Luhrs goal: save all brands

Boatbuilding for each would be moved into the Hunter plant if bankruptcy process goes favorably Ask John Peterson what it’s been like to handle bankruptcy proceedings as both president of one of the companies filing and chief restructuring officer and he doesn’t hesitate. He calls it the “most challenging endeavor anybody could ever undertake.” “It’s…more

Luhrs, Hunter work with stalking-horse bidder

Florida-based Tiger International Management entered into an asset purchase agreement with Hunter Marine Corp., Luhrs Corp. and Mainship Corp., according to court documents posted Monday. In what’s known as a “stalking horse agreement,” Tiger International was approved by courts and creditors last Tuesday to become a base bidder for all assets of Hunter Marine and…more

Details emerge in Luhrs bankruptcy filing

Morgan Industries Corp., the parent company of Hunter Marine and the Luhrs Marine Group, said in its bankruptcy filing that it has between $10 million and $50 million in assets and the same amount in liabilities. The parent company filed a voluntary petition for Chapter 11 bankruptcy protection Monday in U.S. Bankruptcy Court in the…more

Luhrs Marine Group files for bankruptcy protection

The Luhrs Marine Group, consisting of Silverton Marine Corp., Mainship Corp., Luhrs Corp., Hunter Marine Corp. and five additional subsidiaries, today filed voluntary petitions to reorganize under Chapter 11 in bankruptcy court in New Jersey, Hunter Marine president and chief restructuring officer John Peterson confirmed to Soundings Trade Only. The powerboat companies — Silverton, Luhrs…more

Luhrs Marine Group stops production

Luhrs Marine Group – the builder of Silverton, Luhrs, Mainship and Ovation boats – went into shutdown mode beginning Monday, the company confirmed to Soundings Trade Only. The Millville, N.J.-based company said in a message to its dealers that it would shut down production for 60 to 90 days to allow boat orders to accumulate…more

Boatbuilder pulls out of deal for The Boat School

Luxury yacht builder and entrepreneur David Marlow decided not to purchase the Deep Cove Marine and The Boat School facility in Eastport, Maine. City officials were stunned by the decision, not having a clue that Marlow was contemplating pulling out, city council president Robert Peacock said, although rumors had been circulating in boatbuilding communities along…more

Marlow Yachts owner wants to buy boatbuilding school

Luxury yacht manufacturer David Marlow is seeking to buy the property of The Boat School in Eastport, Maine for $850,000. Marlow, the owner of Marlow Yachts, has manufacturing facilities in Florida and Asia, and a seasonal residence in Brooklin, Maine. He presented his offer to Eastport city councilors last week, according to the Bangor Daily…more

Marlow Yachts could buy Maine boatbuilding school

Marlow Yachts is proposing to buy The Boat School, which is based in and owned by the city of Eastport, Maine, and leased to Husson University. David Marlow told city officials his plans include expanding The Boat School’s program from a two-year to a four-year marine trades program while keeping Husson University involved. He also…more

Marlow challenges fellow builders to trans-Atlantic contest

David Marlow, of passagemaker builder Marlow Yachts, has challenged at least eight other manufacturers to a trans-Atlantic race for bragging rights to the best in speed and fuel efficiency. “We believe that our yachts will go further and faster on less fuel, easily outdistancing any similar type vessel with similar power,” Marlow said in a…more

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