Deal keeps Caravelle Powerboats in Georgia

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Sak Marine Co. reached an agreement with local officials for Caravelle Powerboats to reopen its plant in Americus, Ga., heading off a planned move to Alabama.

The decision could create as many as 150 jobs in the county, which has an unemployment rate of 9.7 percent, WALB-TV reports. Brothers Eugene and Duane Sak of Florence, Ala., were completing the acquisition of Caravelle a few weeks ago and preparing to move the company to Florence when the community made a last-ditch effort to keep it in Americus.

"We were gone," Eugene Sak told the Americus Times-Recorder. "[Sumter Bank & Trust President] Ty Turner walked in at 4:15 on the eighth as we were finalizing our documents. He said that he worked at the bank and asked if we would mind staying in Americus."

Sak said that within 10 minutes there was a meeting scheduled with David Garriga, executive director of the Americus-Sumter County Payroll Development Authority, and Wally Summers, South Georgia Technical College director for economic development, for the next morning.

"Within the first day we fell into an informal discussion of what it might take - by the second we were working on an outline," Sak said.

Work could begin in as little as 10 days and the first boats could begin to roll off the production line early next year, WALB said.

Click here for the report by WALB.

Click here for the story from the Americus Times-Recorder.

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