Limestone Boat Co. announced updates on its corporate and operational initiatives as the new year gets underway. The company builds Aquasport, Limestone and Boca Bay models at a 145,000-square-foot facility in White Bluff, Tenn.
“As we enter the new calendar year, we remain extremely excited about the opportunity that lies before us,” Limestone Boat Company CEO Scott Hanson said in a statement. “While global supply-chain pressures continue to persist, we believe that the strategic decisions we’ve made and the corporate, operational and financial foundation we’ve laid over the past year have put us in a strong position to build Limestone as a growing force in the North American marine market.”
Limestone Boat Company last year focused on improving production processes and expanding its workforce to fulfill an order backlog that stretches into 2023, according to the company.
Limestone Boat Company said manufacturing numbers have increased, with five boats going into production weekly and shipments of approximately 423 units projected for the year.
“Our investments in a number of critical areas will certainly pay dividends in 2022 and beyond,” Hanson said. “Improved processes, such as sales order configuration, sales order tracking, procurement planning, inventory control, production planning, A/P review and prioritization, invoicing process, and floor planning scheduling, give us a strong foundation to amplify and improve our scaling and growth strategy.”
Limestone Boat Company also reported progress on its electric-outboard partnership with Vision Marine. The company said Vision has completed the retrofit of the first Aquasport 2100CC, integrating two 35-kWh battery packs and the E-Motion 180E outboard in preparation for sea trials during the Miami International Boat Show in February.
Limestone Boat Company expects to offer the E-Motion 180E outboard on select Aquasport and Limestone models in the fourth quarter.
The company has also appointed Keith McDevitt as its director of marketing, as previously reported in Trade Only Today.