NEW BERN, N.C. – Hatteras Yachts, a unit of Brunswick Corporation, will consolidate production of its Hatteras and Cabo brands at its facility in New Bern.
Cabo Yachts are currently made at a plant in Adelanto, Calif., which will be closed by the end of the year as that production is phased down and migrated to the New Bern facility. Cabo and Hatteras already share services in New Bern for product design, engineering, marketing and sales.
“Bringing our brands under one physical roof will allow us to fully leverage our technological and operational advantages, better serve our dealers and customers, reduce fixed costs and more effectively use our available manufacturing capacity,” Hatteras President James R. Meyer said in a release.
Meyer says the move also brings Cabo production closer to the majority of its markets, which will trim delivery times and allow some deliveries via waterways, which was not feasible from Cabo’s location in Southern California.
To help prepare the New Bern facility and workforce to integrate Cabo Yachts into production there, Hatteras reports the state of North Carolina, along with various Craven County and New Bern governmental entities, will provide economic assistance tied to Hatteras and Cabo meeting certain performance measures over the next several years.
CABO employees were informed Tuesday morning of the decision to consolidate production.
“These decisions are never easy,” Meyer said, “but are required by business realities, and are no reflection upon the dedication and expertise of the men and women at Cabo Yachts.”
Meyer said many members of the Cabo manufacturing team and certain managers will be offered jobs and relocation assistance to move to New Bern.
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