Triton Industries, the builder of Manitou pontoon boats, is relocating its manufacturing facility in Michigan from Delta Township to a 141,700-square-foot facility in Watertown Township.
The Lansing State Journal said the new site is nearly triple the size of Triton’s existing facility, according to a press release from CBRE Martin, which handled the sale.
“There’s been a big uptick in certain segments of the marine market, like jet skis and pontoons,” company president Scott Van Wagenen said. “A lot more people are spending money on boats now.”
Van Wagenen said revenue is up 60 percent from 2007, which was the company’s best year before the Great Recession.
He also said Manitou expects to add 40 jobs during the next two years because of growing demand.
Triton purchased the facility, which sits on 10 acres of land, from Wolverton Industries in June. Manitou will shut down operations at its current plant in Delta Township this month while it moves to the new facility.
Operations will resume Sept. 8.
Triton has been based in the Lansing area since 1985. It moved to Delta Township in 1995 and that facility is now for sale.