Boating Industry Intelligence You Can Profit From
MANATEE COUNTY, Fla. — Donzi Marine could leave Southwest Florida for North Carolina, a state targeting the marine industry with generous incentives for manufacturers willing to move, according to a report in the Sarasota Herald-Tribune.
"The company is looking at different outsourcing opportunities to reduce costs," Bill Gates, chief executive officer of Donzi and Pro-Line Boats, told the paper. "We're looking at a number of different options, but we are not prepared to make any formal announcements."
Gates also is CEO of North Carolina-based Fountain Boats, which exited bankruptcy protection under the ownership of private equity firm Liberty Associates.
Click here for the complete report: Donzi Marine may be next boatbuilder to leave Manatee County
- 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.