SeaVee readies for new facility

Author:
Publish date:
A new 220,000-square facility should expand SeaVee’s production capability by approximately 65 percent.

A new 220,000-square facility should expand SeaVee’s production capability by approximately 65 percent.

One of the owners of SeaVee Boats said it is weeks away from receiving the necessary building permits from Miami-Dade County to start construction of its new facility. Ariel Pared, one of three partners who bought the brand in 1994, told MiamiTodayNews.com that the new 220,000-square-foot facility in Medley will consolidate its five facilities around Miami. The county’s Industrial Development Authority has fully financed the project.

“We originally bought our current facility thinking it would be large enough. But the economy is doing well, so the business is doing well,” Pared told the website. “We’ve outgrown the facility. We’re bursting at the seams right now.”

SeaVee is currently able to build 165 boats per year, but the new facility will increase production to 250 boats per year within three years. Pared says the larger footprint will allow it to also build bigger boats, including a new 50-ft. flagship. “South Florida has been booming. People are looking for bigger, faster and more advanced boats and technologies,” Pared said. “Big boats are selling like never before.”

The builder currently has 200 boats on order, with larger models backlogged up to 18 months.

TA Builders, which will construct the new facility, estimates that construction could take 10 months. All the land is cleared and foundation permits were approved recently.

SeaVee now employs 220 people and hopes to employ 325 to 350 total once it moves to the new site. It started with seven employees in 1994. “The most skilled workforce in boat manufacturing is in South Florida,” Pared told the website. “Not the most affordable, but we feel that because of the type of product we make – boutique and high-end boats – we’re able to spend more to build a better product.”

Related

STAR BRITE DEBUTS NEW MARINE DESCALING FLUID

Star brite introduces Marine Descaling Fluid—a powerful, easy way to descale raw water-cooled systems using recirculation. It saves time, energy, and a lot of headache, allowing for a faster, cost-effective return-to-service for equipment.

NAW Elects 2021 Officers

Michael Medart of Medart Engine and Marine takes the helm as chairman of the National Association of Wholesaler-Distributors board.

Caterpillar Names Global Manager

Alex Berg will lead the manufacturer’s pleasure craft and yachting segment.

Nearly 320K Boats Sold in 2020

NMMA says new-boat sales are at their highest level in 12 years, with all powerboat segments up 8 to 22 percent.

‘Injection of Capital’ for Cox Powertrain

The British company said it will use the $16.7 million to expand operations and ramp up production of its CXO300 diesel outboard.

Groupe Beneteau Releases Preliminary 2020 Financials

Revenues were down 15.1 percent for the 16-month period that ended Dec. 31. A full report is due next month.

A Modern Twist on Word of Mouth

The supercharged power of user-generated content.