Skip to main content

Monterey and Blackfin to Expand Operations

1_Monterey_Blackfin Boats

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.”

2_Monterey-Blackfin Boats

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.”



Business for Good

Companies have a unique platform to make people’s lives better through products and services, how we treat employees and the kind of advocate we are for our industry.


Dometic Posts Sales Increase for Q4

Net sales of $596 million were up 11% compared with the previous-year quarter, and profit was reported at $2.6 million.


Marine Marketers to Present Neptune Awards

The group will hand out its annual honors during the Miami International Boat Show in February.


MarineMax Releases Q1 2023 Results

Record revenue of $507.9 million was a 7% increase over the previous year, and the growth was driven primarily by acquisitions, including IGY Marinas.


Volvo Penta Reports Q4, FY22 Results

Net sales of $470 million for the quarter were a 33% increase compared to the prior year period.


DEALERS: Are You Improving the Service Experience?

Our monthly Pulse Report survey asks this and other questions about your dealership. Take the survey here.


NMRA Sets Scholarship Deadline

Students pursuing education in the marine trades can apply for the National Marine Representatives Association awards until April 1.


Marine Products Reports Record Q4

The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.