Skip to main content

Atlantic Towers buys Minnesota accessory manufacturer

Atlantic Towers said it acquired St. Croix Marine Products, a Minnesota-based maker of stainless-steel davits for powerboats and sailboats, swim platform systems, removable cranes and associated hardware and mounting accessories.

“We’ve been a great admirer of the St. Croix products for many years and had approached St. Croix well over a year ago. The St. Croix brand is extremely strong and has always represented innovative marine products,” Atlantic Towers president Steve Tull said in a statement. “As we got to know St. Croix better, we found there were many, many similarities between our companies, from basic business philosophy to manufacturing methods to customers. We’re looking forward to adding and expanding the St. Croix line of premium stainless-steel structures to our own Atlantic Towers lineup of aluminum products. It’s a great fit.”

“It was important to me that any sale would maintain the high standards St. Croix has maintained since I began the company in 1989,” St. Croix founder Bill Blackmore said. “Steve will be using the same vendors and suppliers I’ve developed over the years, and we share identical manufacturing philosophies and methods. I’m looking forward to assisting with the transition and particularly to seeing my former customers during the fall and winter boat shows.”

New Jersey-based Atlantic Towers was founded in 1980 as a custom tower builder for sportfishing boats. The company offers a range of recreational marine products for inflatable, powerboats and sailboats.

Click here for the full release.

Related

1_RIGHWHALES

Industry Pushes Back Against Speed Restrictions

A NOAA Fisheries proposal would restrict boats 35 feet and larger to a 10-knot speed limit along the East Coast to protect right whales from vessel strikes.

4_MAGONIS

Magonis Opens Connecticut Office

The Spain-based, electric-boat builder offers an 18-footer that’s available with motors from Torqeedo and Mag Power.

01_YOUTH.FISHING

Bill Seeks to Increase Youth Fishing

The bipartisan Coastal Fishing Program Act of 2022 would ease barriers to accessing the outdoors in underserved communities.

Norm

Fall Is in Full Swing

With the autumnal equinox ushering in a new season today, the fall boat-show circuit is in high gear. Here are some recent reports and a look at what’s to come.

3_MANUFACTURER.CONFIDENCE

Manufacturer Confidence Drops

Still, U.S. builders remain largely optimistic despite ongoing constraints with the supply chain and workforce, as well as yesterday’s interest rate hike.

1_TEMO.DEFENDER

Defender Adds TEMO Electric Boat Motor

Defender Industries is the official U.S. dealer for the French company’s lightweight, portable electric motors.

2_TWIN.DISC.BELGIUM

Twin Disc Sells Belgium Facility

The transmission manufacturer is still using the facility in a leaseback transaction as it looks to reduce costs.