Malibu Boats Sets Sail For East Tennessee With $75M Investment
Handy Tech Group Inc.
Application & business problem solving experts of mechanical components sold to industrial OEM's in the Southeast
Apowerboat company will set sail for East Tennessee to expand its manufacturing operations with a $75 million investment.
Malibu Boats expects to bring more than 750 jobs to Roane County over five years when it moves production of its Cobalt boat brand to an existing site at the Roane Regional Business Technology Park.
“At Malibu Boats, Inc., our mission is to create the ultimate on-the-water lifestyle,” said Malibu Boats, Inc. CEO Jack Springer. “Our local craftsmen and craftswomen are the driving force behind our operations as they create top-of-the-line boats that enrich our customers’ lives and, in turn, enable our company to thrive. Our history of company vitality speaks for itself, where we’ve undertaken various investments in our manufacturing footprint like this one that have enabled revenue growth and employment opportunities year after year.”