ST. MICHAELS, Md. — Pursuit Boats is getting ready to break ground on a new facility for phase one of an expansion at its Florida facility.
The new building will cover 180,000 square feet, said Pursuit business development manager Randy Jernigan during a Yamaha media event on Maryland’s Eastern Shore.
Malibu Boats Inc. has been making investments in the outboard-powered center console line since it purchased the company in October, said Jernigan.
Malibu said it was investing between $15 and $20 million in the expansion.
Vertical integration at Malibu and Axis has been a competitive advantage, particularly with the integration of Malibu’s new engines, said Malibu CEO Jack Springer in February.
“We’re hiring new people” to work at the new facility, said Jernigan.
The company held an event at a local high school last week to recruit workers and get them trained in time for facility’s open, he said.
The new facility is slated to be up and running this time next year, according to Jernigan.
