Miami-based Bertram Yacht is looking to move from its current production facility located along the Miami River.
"Bertram is determining more suitable options for a state-of-the-art facility to accommodate the larger sportfishing boats that are being built today and remain on the cutting edge of the ever-evolving boating industry," the company said in a statement.
Bertram has been in its current location for nearly 50 years.
"We are driven by the passion that our customers and employees have for Bertram yachts and the experiences that it represents to them personally. So we are directly responding to our customers' requests to build larger sportfishing vessels," said Mike Myers, president and COO of Bertram Yacht, in a statement.
Bertram Yacht is a brand of luxury motoryacht manufacturer Ferretti SpA.