Skip to main content

North Carolina builder receives state grant to expand facility


A shipyard in Hubert, North Carolina, has been approved for a grant to expand its facilities. The Jacksonville Daily News reports that Richard Johnson, who owns the shipyard, applied for the grant with his tenant, Winter Custom Yachts and U.S. Workboats, to help expand the size of the facility to allow larger boats to be built.

As part of the grant’s terms, the builder and shipyard must create at least 15 new jobs with above-average salaries before the money is handed over.

The Onslow County Commission that approved the grant noted that some of boats produced by Winter Custom Yachts sell for as much as $1 million. They noted that those sales would bring a significant amount of sales tax into the county. The money will be coming from the county’s economic development fund.


A Tax Incentive for Innovation

A deep dive into the research and development tax credit usually yields savings

ABYC Reschedules Meetings

Postponed due to Covid, the annual meeting goes virtual in February, and the Marine Law Symposium moves to April in Providence, R.I.

Daiwa Appoints Marketing Manager

Marc Mills will handle marketing efforts for North American and South American markets.

VIP Access Available for MIBS

The tickets include admission to the VIP lounges at One Herald Plaza and the Miami Beach Convention Center, along with other perks.

South Fork Wind Farm Gets EPA Approval

The Clean Air Act permit contains pollution control requirements for the construction and operation of the wind farm, which will be located southwest of Martha’s Vineyard.

Dockmate Launches New Technology

The SoftDocking wireless remote control system eliminates the delay between engaging the throttle and the boat beginning to move.

Minneapolis Innovation Award Winners Announced

NMMA and Boating Writers International handed out the awards in four categories during the Minneapolis Boat Show preview yesterday.