Marlow-Hunter LLC, recently established as the operating company of Marlow Acquisitions LLC, successfully launched its first completed boat with a Marlow-Hunter 33.
A new logo depicting the 40th year in business also made its debut as Marlow-Hunter begins to build for the new model year starting in September, according to the company.
New ads under the banner "Life Begins at 40" have been placed in major marine publications, and a new model boat will be unveiled in early October at the U.S. Sailboat Show in Annapolis, Md. More than 100 dealers are scheduled to attend, the company said.
"All our employees, from the established work force prior to the sale of the company and the 30 new employees, are proud today to say we have accomplished an important step in the rebuilding process — the shipping of our first finished product in less than two weeks to a dealer in Wisconsin,” Marlow-Hunter president John Peterson said in a statement.
Since the company was bought out of Chapter 11 restructuring this month by David Marlow, chairman of Marlow Acquisitions LLC and Marlow-Hunter LLC, suppliers have been providing Marlow-Hunter with a steady stream of necessary parts and materials needed to build its boats, the company said.
Employment has risen from a low of 31 employees just prior to the restructuring on April 30 to 100 today.
"I believe I have bought the best boat company in America, one with a strong brand and great reputation,” Marlow said in a statement. “Although these are tough times in the marine business, Marlow-Hunter will prosper under the plans we have laid out."