FL: Boat Builder, Maverick Boat Group, to Invest $7M in Fort Pierce, Hire 100
27 Nov, 2017
Maverick Boat Group (MGB) will invest $7 million to build a new boat manufacturing facility in St. Lucie County, FL, creating 100 jobs. The new facility will house larger models and free up capacity at the company’s existing 9.5-acre facility in Ft. Pierce, which will increase production and expand model offerings for each of the company’s four brands.
“We’ve fully outgrown the capacity of existing facilities and need a lot more room for production,” said Scott Deal, founder and CEO of MBG. “Our plan is to be fully operational by next summer, get in there and start building boats. In the final phase we’ll be adding a total of 277,000 square feet of new production space. It’s very important and significant that our region and leaders are facilitating and recognizing the importance of manufacturing jobs like the ones we provide. The jobs are essential, not subject to offshoring, and preserve the legacy of boat building and manufacturing that is an organic part of the community culture.”
Construction of the new manufacturing facility will begin this summer. MBG will continue manufacturing its Maverick, Cobia, Pathfinder and Hewes brands sold around the world at its current facility. The new facility will add an additional 38 acres to the company headquarters.
“I am proud to announce that Maverick Boat Group will be opening a new manufacturing facility which will create 100 new jobs for families in St. Lucie County,” said Governor Rick Scott. “By working to reduce burdensome regulations and cut taxes, like permanently eliminating the sales tax on manufacturing machinery and equipment, we are making it easier for businesses like Maverick Boat Group to invest in our state. We will work to cut $180 million in taxes during the upcoming legislative session to ensure Florida remains the top destination for job creators.”
“The company is one of the county’s largest private employers and a driving force in our economy,” said Pete Tesch, president of the Economic Development Council of St. Lucie County. “Directly and indirectly, retention of existing jobs already provides $173 million in sales output and payrolls combined on an annual recurring basis. New jobs will bring an additional recurring impact amounting to nearly $42 million each year. We’re very pleased that the company continues to choose St. Lucie as home for their permanent headquarters.”