Builders on West Coast, Elsewhere, Answer Demand for Mid-Sized Yachts

Builders on West Coast, Elsewhere, Answer Demand for Mid-Sized Yachts

The pace of America‚Äôs yachtbuilding industry remains steady due in part to surging demand during the pandemic. According to the National Marine Manufacturers Association (NMMA), retail sales of new powerboats in the U.S. increased nearly 13% in 2020 over the previous year, and sales throughout 2021 have shown no signs of waning. U.S. yacht builders have struggled with the rising costs of raw materials and skilled labor during economic downturns, and several closed for good. Some remaining builders pivoted to refit and repair work, while others are focusing on smaller builds. Yacht builders also are responding to new market interest…
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