South Carolina-based Scout Boats says it will invest $10.9 million in its pending expansion and hire 370 people.
Scout Boats founder and CEO Steve Potts told Trade Only Today during the Miami International Boat Show that the company, founded in 1989 and based in Summerville, S.C., will expand to build the 53-foot center console LXF for which the company had just unveiled plans.
The company also will add a 20,000-square-foot building for product development and engineering, Potts said in February.
The company was still in the permitting process in February, but said the Coordinating Council for Economic Development has approved job development credits related to the project.
A $350,000 set-aside grant was awarded to Dorchester County for road improvements associated with this project.
“We’ve been a long-standing boatbuilder and employer in South Carolina over the past three decades,” Potts said today in a statement. “From our humble beginnings to now one of the most respected and innovative boatbuilders in the industry, we are proud of our heritage and excited about our future. We couldn’t be where we are today without them or the support of our state. We’re excited about our future plans, as well as providing an incredible place to work for our current and future workforce here in Summerville.”
“South Carolina’s economy continues to grow, with great companies like Scout Boats investing in our state and our people,” South Carolina Gov. Henry McMaster said. “Our state’s manufacturing industry is one of the most important forces driving our economy, and that’s because our skilled workforce has proven that it’s better than any other in the world.”
Scout Boats builds boats from 17 to 25 feet in Plant A on its campus. Plant B is for building boats from 27 to 35 feet; Plant C, completed two years ago, is used to build the 38-footer and the 42-footer.