Hinckley Yacht Services broke ground on a 40,000-square-foot climate-controlled storage facility at its Florida location in a multimillion dollar investment. Trade Only Today recently reported on the facility.
The new facility in Stuart is rated to Broward and Dade counties standards for Category 5 storms.
“Increasingly we see the servicing aspect as a unique point of differentiation in the market,” said Hinckley Company CEO Peter O’Connell in a statement.
Hinckley has eight yacht care centers up and down the East coast, as well as affiliate partners on the West coast and in Europe.
Rep. Brian Mast, R-Fla., attended the groundbreaking ceremony.
“This new facility is a strategic part of our service network and provides unparalleled customer service for our clients while creating additional skilled jobs in Stuart,” said O’Connell.
Hinckley purchased the David Lowe Boat Yard in Stuart in 2001 following its 47 years in business.
“As Hinckley’s business has grown in Florida, more than half of our yacht care business now comes from customers who own yachts other than Hinckley’s,” said Yacht Services president Tim Shields in the statement. “This is a multimillion dollar investment and our largest in our Stuart yard to date.”