North Carolina governor welcomes Cabo Yachts

Author:
Updated:
Original:

To celebrate the recent announcement that Cabo Yachts' manufacturing will move from California to the Hatteras plant in North Carolina, Gov. Bev Perdue last week made a stop at the New Bern, N.C. plant last week.

Brunswick announced the move last month. It means 350 jobs will come to the plant in the next few years, officials have said.

"This is a big day for North Carolina, it's a big day for America, because it says to all the people around the world that the global yachting business is alive and well and we're moving it back to North Carolina where it belongs," Perdue said.

She noted that the company has cut jobs at the New Bern facility and has made reductions at other plants in the state, but she said Cabo's move to New Bern is evidence of "major economic development" and she believes the state is in the early stages of economic recovery, according to a report in the Sun Journal newspaper.

Perdue said state and local economic incentives helped company leaders decide to come to New Bern, although other states courted Cabo.

Local incentives are in the works and state officials have awarded a job development investment grant of up to a little more than $3 million that will be paid out as the company meets performance milestones.

Another $60,850 will come from the state's One North Carolina Fund, based on performance.

Click here for the full article.

Related

ABYC Foundation Seeks Nominations for Educator Award

The award recognizes “an outstanding instructor who is shaping future marine service technicians.”

P.R. Firm Rushton Gregory Signs ePropulsion

The Chinese manufacturer of electric propulsion products introduced a standardized lineup earlier this year.

Dometic Updates Pro-Trim System

The new design allows boaters to trim the outboard and adjust the jack plate without removing their hands from the wheel.

Brunswick Partners with Carnegie Robotics

Through the alliance, Brunswick aims to enhance its autonomous technology offerings.

Nicole Vasilaros to Depart NMMA

The group credits the senior vice president of government and legal affairs for “countless contributions to the protection and expansion of the recreational boating industry.”

Site Unseen

A website is often the first interaction a customer will have with a dealership, but it must provide more than an online brochure or they will click elsewhere.

C.G. Amends Documentation Rules

Federally documenting a boat now must be done every five years, rather than annually.

The 2021 Top 10 Most Innovative Marine Companies Awards

The marine industry consistently honors products and people. The industry, however, has not recognized forward-thinking companies that are moving the industry in new directions. Soundings Trade Only’s mission is to reflect, inform and inspire.