U.K.-based engine manufacturer Cox Powertrain said demand for its CXO300 diesel outboard has grown significantly since production began in May 2020, but that supply chain issues have delayed delivery of the power, tilt and trim system.
The company said in a statement that it has now moved all sub-assembly production in-house.
“The pandemic has clearly had a long-term effect on the global supply chain,” said head of sales Hugh Hudleston. “The decision to bring the PTT line in-house … allows us to maintain control and keep up with the demand of the 300-hp diesel outboard engine, while also minimizing the potential for supply delays.”
Earlier this year, Cox announced it had raised GBP9 million ($12.5 million) from shareholders and borrowed GBP3 million ($4.2 million), with plans to expand its manufacturing facility and increase production.
