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
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.
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
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
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 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
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
Executives at Mainship Corp. and Luhrs Corp. say the companies are returning to their roots with the relocation of manufacturing operations to Luhrs Marine Group’s Millville, N.J., plant. Beginning in January, Luhrs and Mainship models will be manufactured concurrently with Silverton and Ovation units. This will lead to the closing of the St. Augustine, Fla.,…more