Correct Craft is adding 58,000 square feet to its headquarters and manufacturing facility in Orlando, as well as future development that will grow the boatbuilder’s campus by 76 percent, according to the Orlando Business Journal.
Plans were filed in Orange County, Fla., outlining plans, but the company is preparing for what it expects to be significant future growth, CEO Bill Yeargin told the newspaper.
“Orlando is our home, and we are looking toward the future and have a vision and
strategic plan that will deliver substantial future growth,” said Yeargin. “As part of our long-term plans, we are beginning to look now at the facility requirements of our expected growth.”
The plans filed with the county depict a 58,000-square-foot building being added to the existing campus as “phase one.” The add-on will be needed in the “next few years,” according to the project description submitted by Maitland-based engineering firm SKConsortium Inc.
The master plan submitted to Orange County shows five additional buildings; if completed in full, the final campus would grow from 259,693 square feet to 458,743 square feet, the newspaper said.
In September, Correct Craft acquired 60 acres of land beside its current Orlando headquarters and Nautique manufacturing facility, expanding the total acreage to 198.