Skip to main content

Rhode Island sailboat builder to open shipyard in North Carolina

A builder of high-end sailboats has announced plans to invest $1.8 million during the next three years to open a shipyard in Dare County, North Carolina, that will create 71 jobs in Wanchese.

Gunboat Co., of Newport, R.I., produces catamaran yachts, and the Wanchese shipyard will allow the company to increase production and meet a growing demand for its boats, said Gunboat founder and CEO Peter Johnstone.

“After more than a decade of producing overseas in lower-labor-cost markets, we are bringing manufacturing home to the United States,” Johnstone said in a press release North Carolina Gov. Beverly Perdue’s office issued. “Productivity and quality control are essential to our success. We spent months evaluating locations in various states along the Eastern Seaboard. North Carolina stood clear above the rest.”

The company has been awarded a $213,000 grant from the One North Carolina Fund, a state-managed fund that provides financial assistance across the state to attract business projects that create new jobs. All One NC Fund grants require a match by a local government entity.

Click here for the full report.

Related

Norm#4

Doing Good for a Good Night’s Sleep

The Massachusetts Marine Trades Association partnered with “A Bed for Every Child” to build beds for families in need.

1_RBFF.BOARD

RBFF Adds Six Board Members

The foundation said the board members add a breadth of experience from the fishing and boating industries as well as state government agency work.

1_PULSE.PING

DEALERS: How Was Business in the First Half of 2022?

Did the first six months of the year meet your expectations, and did you make budget? Take the Pulse Report survey here.

1_AKZO.CEO

AkzoNobel Names New CEO

The company said Gregoire Poux-Guillaume’s experience as CEO of two other companies includes a track record of growth and teambuilding.

1_FLEXOFOLD

Flexofold Hires New Managing Director

The company said Henning Uldall will concentrate on sales growth and moving the company to a new headquarters.

1_STO.AWARDS

Soundings Trade Only Announces Fifth Annual Most Innovative Marine Company Awards

The global program will recognize transformative innovation and ingenuity that benefits the marine industry.

1_YAMAHATARPONTRUST

Yamaha Is Now the Official Outboard of BTT

The outboard manufacturer announced a sponsorship of the Bonefish & Tarpon Trust, which aims to protect and conserve populations of the popular gamefish.