The Triton

Editor's Pick

Grand Banks buys boatyard in Florida

ADVERTISEMENT

Singapore-based Grand Banks Yachts has recently bought Stuart Yard, in Stuart, Florida.

The 12,000-square-foot facility, to be named Stuart Yacht Basin, includes covered storage, a fully operational service division, a 50-ton Travelift and dock space. It will serve as the company’s U.S. headquarters and will be managed by Grand Banks America COO Hank Compton, who has managed factory operations at the company for 14 years. He also has managed sales and sales development in Australia and the Asia Pacific region.

Grand Banks America COO Hank Compton

“We’ll organize new boat commissioning out of the yard for our new Grand Banks, Palm Beach, and Eastbays, while also offering a complete array of yacht services for all of our owners and for all yachts,” Compton stated in a company news release.

Stuart Yard, operated by Gregg and Nancy Burdick since 1974, at one time included a boatbuilding operation. Grand Banks Yachts said it will continue an association with the Burdicks and the yard’s current staff. In addition to offering commissioning and maintenance services, the company will use the facility to host private events and showcase new yachts in its Grand Banks, Eastbay and Palm Beach lines.

The 12,000-square-foot facility will be known as Stuart Yacht Basin.

Related Posts...
By Dorie Cox Two bids to develop a megayacht repair Read more...
French refit shipyard Compositeworks, along with Michela Reverberi Studio, won Read more...
Port Vauban will continue its crew program events and activities Read more...
STP Shipyard Palma expects to have a 1,000-ton travel lift Read more...
Martinique shipyard Carenantilles has reported a milestone with the haul-out Read more...

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Your email address will not be published.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.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Editor’s Picks

Yacht share program head sentenced, company moves forward

The head of a yacht sharing program convicted of defrauding investors has been sentenced to 18 months in federal prison by a Connecticut …

Port Vauban extends crew program

Port Vauban extends crew program

Port Vauban will continue its crew program events and activities into the summer, according to a company statement. The program offers …

Score with the universal language of soccer during the World Cup

Score with the universal language of soccer during the World Cup

By John Jarvie Boating is a universal language. Anywhere in the world, we have the capacity to communicate, bond and relate through …

Bahamas, Caribbean cruising guide author Steven J. Pavlidis dies

Bahamas, Caribbean cruising guide author Steven J. Pavlidis dies

By Milt Baker Stephen J. Pavlidis, one of America’s top cruising guide authors, died May 29, in Covington, Georgia, after a long …