Williston, Fla.-based Monterey and Blackfin Boats announced in a statement an expansion project that will add 50,000 square feet of manufacturing space to increase production capacity.
The expansion will include the addition of 150 employees during the next several months.
“The increase in manufacturing space and skilled staff will allow us to increase the production capacity we need in order to meet consumer demand for the next two years,” Charles Marshall, co-chairman of Monterey and Blackfin Boats, said in a statement. “This will also provide us with the ability to continue to satisfy our dealer/partners’ needs while continuing to grow and expand our market share.”
Robert Pita, president of the companies, said both brands have seen substantial growth in the past two years and that future sales will be boosted by new sterndrive and outboard models.
“In addition to our continued growth in North America, we expect accelerated growth in our international markets, especially in the countries of the E.U.,” Pita said. “The 25 percent tariff on U.S. boats exported to the E.U. is scheduled to end in the near future and will fuel an immediate surge in our E.U. boat sales.”