The Brunswick builder has already invested $850,000 on its pontoon boat plant as part of long-term infrastructure improvements.
Princecraft said it plans to invest $1.3 million to expand existing facilities and improve operations. The Brunswick builder said it will use the money to redesign production-line layouts, create new workstations and upgrade equipment at its Quebec facilities.
The company has invested about $850,000 in the last year to improve welding operations at its Pontoon Boat plant, while making other adjustments, according to a statement. It says that market-share gains in the last few years in North America prompted the investments.
The investments will result in new jobs and greater opportunities for Princecraft employees. “It is with great pride that Princecraft Boats has created 120 new jobs in the last 18 months, contributing to the economy of the region,” said Princecraft President Steve Langlais in the statement.