Finnish boatbuilder Saxdor today announced that it’s expanding manufacturing capacity with a new facility in Larsmo. The expansion will focus on producing Saxdor’s largest models, including the flagship the 460 GTC, its first in the 45- to 50-foot segment.

“The Saxdor 460 GTC marks a new chapter for our brand,” CEO Erna Rusi said in a statement. “Our continuous growth and strong demand confirm that Saxdor has earned its place in the market, and that interest in our boats now extends to new customer segments, including those now looking toward the larger end of our range.”

Saxdor said the expansion positions it to sustain its current trajectory, with projected annual growth of 70% in 2025.

The 460 GTC is expected to debut next year.