The Triton

Uncategorized

Ferretti Group opens plant in China

ADVERTISEMENT

Ferretti Group intends to open an assembly plant in China according to Bloomberg News.
Tan Xuguang, chairman and majority-owner Shandong Heavy Industry Group-Weichai Group, told reporters that the facility will customize vessels for the local market.

Bloomberg News reported that Ferretti plans to increase sales in China, Brazil and Russia according to Tan said. Shandong Heavy, China’s biggest maker of bulldozers, agreed to buy 75 percent of the yachtmaker from creditors in January for 178 million euros ($222 million).

Ferretti Group, makers of Ferretti, Pershing and Bertram yachts, will continue to manage and will maintain headquarters and production facilities in Italy.

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

Editor’s Picks

Crew Unlimited and ICT in Ft. Lauderdale join with Bluewater in Europe

Crew Unlimited and ICT in Ft. Lauderdale join with Bluewater in Europe

Crew, employees, industry expect opportunities as European and U.S. companies partner to expand yacht crew training, …

Boats and brokers in the news

Boats and brokers in the news

Yachts sold M/Y Charisma, a 153-foot (47m) Feadship built in 1985, by Merle Wood & Associates. M/Y Scorpion 2, a 40m Sanlorenzo, sold …

MARPOL and its affect on yachts

MARPOL and its affect on yachts

With the recent implementation of yacht inspections by the U.S. Coast Guard, plus the continued efforts being seen by the Paris MOU in …

What’s missing at Fort Lauderdale International Boat Show?

What’s missing at Fort Lauderdale International Boat Show?

Yacht captains share their thoughts about what would make the Fort Lauderdale International Boat Show better. Click to read The Triton …