Southport Boats Moves to Maine
March 4, 2011
SoundingsTradeOnly: Kenway Corp. recently completed the acquisition of Southport Boats’ tooling and equipment and plans to resume production immediately. Terms of the deal were not disclosed.
Manufacturing operations are being moved from North Carolina to Kenway’s facility in Augusta, Maine, and the boats will be built alongside the company’s Maritime and Maritime Skiff family fishing boats.
Sales and marketing will be conducted by Kenway’s sister company, Maritime Marine LLC, although the Southport brand will remain independent in the marketplace, the company announced.
Southport ceased operations in September, pending a sale of the company’s assets by the American Global Yacht Group.
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