Lauderdale Marine Center (“LMC”) — a premier US destination and service provider for the superyacht industry in Ft. Lauderdale, Florida — recently announced its acquisition by Safe Harbor Marinas. The transaction, valued at approximately $340 million, closed on May 3, 2021. In 1997, LMC brought a new vision to Broward County. That vision was to create the world’s premier superyacht facility right in the heart ...
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Lauderdale Marine Center gains Production Authority under Foreign Trade Zone
Lauderdale Marine Center (LMC) announced that it has received Production Authority under its existing Foreign Trade Zone (FTZ), the first of its kind for the recreational marine industry in the United States. The designation, provided by U.S. Customs & Border Protection, allows work to be performed on vessels while they are in the FTZ. Whether the project is small in ...
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