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Palmer Johnson Yachts Expanding

Discussion in 'Palmer Johnson Yacht' started by YachtForums, Oct 15, 2004.

  1. YachtForums

    YachtForums Administrator

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    Palmer Johnson hopes to modernise under $40 million expansion plan

    The Door County Economic Development Corporation, Palmer Johnson Yachts and Bay Shipbuilding Co. will introduce plans to local government officials for a $40 million expansion of facilities in Door County, Wisconsin, where the two shipyards are located. The plan, according to a story in the Green Bay Press-Gazette, will help establish a more modern manufacturing facility for Palmer Johnson, while creating a joint yacht launch facility for both companies.

    Alderman Stephen Mann said he believes expanding shipyard facilities will benefit the local community. "I believe the shipbuilding industry is important, and we'd like to see it multiply by two if possible," Mann told the paper. "It's year-round jobs, and it's not tourism-related. If you put all your eggs in one basket, that doesn't work out very well."

    The Door County Economic Development Corporation, according to the newspaper, developed the plan over the last 12 months.

    Yacht builder Palmer Johnson emerged from bankruptcy earlier this year and currently has about 150 employees in its Sturgeon Bay facility. The study estimated improvements could lead to 350 new jobs over five years. Since that time, Bay Shipbuilding added more than that number, due to new work on double-hull oil barges.

    Palmer Johnson's goals in the plan are ambitious, and include having better water access through a newly created boat-launching facility, with a projected cost of US$20 million. It will replace an aging, 192m (630ft) floating dry dock. The company also wants to build new manufacturing space for yachts up to 76m (250ft), and create a separate painting facility that includes modern environmental controls that would speed construction of yachts.

    By IBI Magazine/Michael Verdon
  2. coismov

    coismov Member

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  3. coismov

    coismov Member

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  4. Yacht News

    Yacht News YF News Editor

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    Apparently PJ has an order or plans for a 170 footer. I saw this in their "tomorrow" section on the website...