Grand Banks buys marina in Stuart, Fla.
Grand Banks Yachts has purchased Stuart Yacht Basin in Stuart, Fla., and the marina and service facility will be the home of Grand Banks, Palm Beach and Eastbay yachts.
Grand Banks
Grand Banks Yachts was launched in 1956 as American Marine Ltd. by founder Robert Newton in Junk Bay, Hong Kong. The company builds yachts from 43 to 76 feet. Grand Banks is publicly traded in Singapore and its U.S. headquarters is in Seattle.
Grand Banks reports fiscal 2016 results
A resurgent Grand Banks Yachts Ltd. reported a profit of $1.47 million for the year that ended June 30.
Grand Banks adds Twin Disc thrusters for 65-footer
Grand Banks Yachts is set to debut the GB60, a 65-foot cruiser that will include Twin Disc BP300 bow and stern thrusters.
Grand Banks set to debut 44 Eastbay this fall
Grand Banks Yachts said construction is under way on the 44 Eastbay.
