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| Bertram Yacht |
News from Merritt Island, Florida - Senator Thad Altman socialize with the EDC and Bertram Yacht, Florida Representative Steve Crisafulli and Brevard County Commission Chairman Chuck Nelson for today's announcement at the company's new facility at 1230 Sea Ray Drive in Merritt Island, Florida.
The new state-of-the-art manufacturing facility and boat marina in Merritt Island is situated on a 37-acre site the which provides significant opportunity for future expansion for the Bertram brand. At full employment, the company's projected total economic impact will be over $ 26.3 million.
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| Bertram Yacht |
Bertram Yacht's Relocation will create more awareness of our state's dynamic marine industry and make a very positive impact on the local economy, said Gray Swoope, president & CEO of Enterprise Florida, Inc., The state's lead economic development organization. This announcement is the result of solid teamwork and effective state and local Among our economic development partners.
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| Bertram Yacht |
Bertram Yacht will provide new failitas to workers. However, the company will also draw on the Space Coast's highly skilled labor force, particularly Those with experience in the marine and aerospace sectors, and create 221 new jobs in Brevard County. The new production operation will also create significant demand for parts and components from local suppliers and vendors.
Bertram Yacht is a legendary brand and we are pleased to keep this company with a strong history in the state Florida, said Lynda Weatherman, president & CEO of the Economic Development Commission of Florida's Space Coast. The company Recognized the competitive advantages of a Space Coast location, particularly within our high-tech workforce. Bertram Yacht's creation of 221 new jobs is a positive step in mitigating the effects of our post-Shuttle economy. We welcome Bertram Yacht Alton and the team and we look forward to the company's continued success and growth on the Space Coast.
Bertram Yachts' move to Merritt Island serves not only as a new foundation for the company's future, but brings to fruition the changes and new Successful strategy developed and initiated within the last two years by the Bertram management team. The brand new facility will also be an opportunity to implement new production processes and systems to continuously enhance and innovate the Bertram models range.
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| Bertram Yacht |
Deeply at Bertram Yacht We value our 50 years of history and culture in the state of Florida and are enthusiastic to REMAIN in the state. We appreciate the EDC's assistance and look forward to growing in an area with a highly skilled workforce will help build competitive That yachts well suited for hardcore saltwater Sportfishing, "said Alton Herndon, President for Bertram Yachts. "We also plan to bring many existing employees to Merritt Island Bertram to help Establish our roots and keep the legacy growing Bertram.
The Ferretti Group, one of the largest yacht manufacturers in the world and parent company of Bertram Yacht, recognizes the tremendous potential for the Bertram brand and has made a significant investment and commitment to Bertram and the American manufacturing organization. "Bertram is one of the best known yacht brands in the world and we are fully committed to support the management team as we Bertram embark on a new era for this iconic American brand" said Norberto Ferretti, Founder and Chairman of the Ferretti Group.
Bertram Yachts was awarded a State of Florida Qualified Target Industry (QTI) and Brownfield tax refund to offset the cost of Relocation, employee training, and infrastructure. The Brevard County Board of County Commissioners awarded Bertram Yacht the required local match for the QTI program through an ad valorem Tax Abatement. Bertram Yacht Considered locations in Virginia, North Carolina, and South Carolina before choosing the Merritt Island site.
Bertram Yachts will complete the current models in production through the summer of 2012 and will begin the Relocation of key models and production at the new facility in the fall of 2012, with a view to launch the first Merritt Island built models in early 2013.
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