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Hinckley Yachts is planning a 19,500-square-foot expansion at its Southwest Harbor service yard.
The Mount Desert Islander reported the investment is expected to be $1 million. The company produces high-end luxury yachts at its Trenton plant, runs a service yard and marina in Southwest Harbor, and has additional service yards in Northeast Harbor and elsewhere along the East Coast.
Last year, Hinckley bought nearby Morris Yachts, maker of high-end sailboats. It also owns Hunt Yachts, in Portsmouth, R.I., and employs about 350 people in Maine.
With employment at an all-time high and sales of its jetboat line surging, the company launched its 1,000th jetboat in June 2016.
The yard expects to hire five new employees after construction is completed, which is expected to be this summer.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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