Glasstream Powerboats buys facility in Alabama - Trade Only Today

Glasstream Powerboats buys facility in Alabama

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A.L. Kirkland, founder of Florida-based Glasstream Powerboats, said the company acquired a manufacturing facility in Dothan, Ala., to build its family-focused performance center console boats.

“Glasstream has been in the market for an additional facility for over a year,” Kirkland said in a statement. “We looked at 11 different sites in as many cities before deciding on Dothan. It’s a really great place to be in business, with very affordable cost of living, a strong labor pool, and a manufacturing-friendly environment.”

The Dothan facility initially will employ as many as 100 builders and support personnel and add 75 more in a second-phase expansion. Kirkland said the new plant is necessary to meet the needs of current and prospective dealers.

“Glasstream has shown very steady growth during the past five years, even in this economy,” Kirkland said. “Our boats are one of the best values in the marketplace, affordable with great performance and style, with the best mpg in the market. We have a waiting list of prospective dealers eagerly awaiting this production expansion.”

The company will offer stock boats and semicustom to full custom builds.


And the Wait for New Boats Goes On

Ninety-five percent of marine dealers say they waited at least a month to get new-boat orders filled in August, and 35 percent say they experienced lead times of more than three months.

Consumer confidence at record highs

The economic indicator that Navico CEO Leif Ottosson watches first and foremost is consumer confidence, and The Conference Board’s measure of the American consumer’s mood delivered good news to Navico and the rest of the recreational marine industry at the end of August.