FORT LAUDERDALE, Fla. – Steady growth in U.S. and international markets has prompted boat security systems supplier Paradox Marine to purchase a larger facility in Fort Lauderdale, according to a release today from the company.
The new location will serve as the company’s global headquarters and house its corporate administrative, research & development, sales & marketing and manufacturing & distribution operations.
“Despite challenging economic conditions, interest in our unique boat security, monitoring, surveillance and tracking products has remained strong,” Paradox Marine President & CEO Jay Keenan said in the release. “We see significant opportunities for our products in the global marketplace and relocating our operations to a larger facility puts us in position to take advantage of these opportunities in the months and years ahead.”
- Can’t get enough boating news? Subscribe to our blog’s RSS feed, follow us on Twitter or look for “Boating Industry” on Facebook and LinkedIn.
- For more of the latest news, click here.