Mag Bay Yachts said it plans to expand its manufacturing facility in Southern California.
The company said the design and engineering of a new factory are being finalized. Construction is scheduled to begin in the first quarter next year.
The new factory will be built to drive manufacturing capacity for Mag Bay’s 33-foot model, along with adding space for a larger model that is in design.
Mag Bay said the new facility also will improve the company’s competitive position by incorporating leading-edge technology and lowering costs by creating an efficient manufacturing environment.
The company said the new facility will have more than 50,000 square feet and is engineered specifically for boatbuilding and assembly processes. Fully equipped with German-made overhead bridge cranes, the state-of-the-art facility incorporates all of the ideas and expertise learned from constructing the original facility for Cabo Yachts in Adelanto, Calif., the company said.
Mag Bay said the new facility will remain in the same local area as many veteran Cabo Yachts employees.