U.S. Sen. Bill Nelson, D-Fla., and staff from the office of U.S. Sen. Marco Rubio, R-Fla., visited Correct Craft on Monday TO tour the Nautique boat plant and learn about issues impacting the marine industry.
Correct Craft discussed with Sen. Nelson how the tariffs and trade war are impacting the industry. Correct Craft president and CEO Bill Yeargin pointed out that nearly 1,300 employees build products in the United States that are exported around the world.
Yeargin also said Correct Craft’s companies are significant net exporters and that U.S. tariffs, combined with retaliatory tariffs from trading partners, could significantly hurt Correct Craft and other exporters within the marine industry, putting U.S. jobs at risk.
“Correct Craft is in one of Florida’s biggest industries — boatbuilding — and I appreciate their CEO, Bill Yeargin, for bringing to my attention the impact of the current trade war on both their company and industry,” Sen. Nelson said in a statement.
Later in the day, Correct Craft hosted staff from Sen. Rubio’s office, who were briefed by Yeargin and Correct Craft CFO Angela Pilkington on how the U.S. tariffs have made it more difficult to sell boats, not only by increasing costs, but also with retaliatory tariffs by our trading partners.
Sen. Rubio’s staff concluded their visit with a walkthrough of the Nautique plant.
“We were honored today to have both U.S. Senator Bill Nelson and staff from U.S. Senator Marco Rubio’s office visit Correct Craft to learn more about marine industry issues,” Yeargin said. “The marine industry is facing some significant challenges with the current trade war, and our team appreciates the offices of our U.S. senators being willing to listen to our concerns.”
“I also want to share my appreciation for Nicole Vasilaros, senior vice president of the National Marine Manufacturers Association, for flying down from Washington to join me in these meetings,” said Yeargin.