- The Limestone Boat Company (BOAT) announced unit production improvements at its Tennessee-based boat manufacturing facility for the month of February
- The company produced 18 units in February, up from 15 in January
- Production and shipments are expected to continue growing resulting in a further doubling of weekly shipments from February to year end
- The Limestone Boat Company Limited is the builder of the Limestone, Aquasport and Boca Bay brands
- The Limestone Boat Company (BOAT) opened trading at C$0.175 per share
The Limestone Boat Company (BOAT) announced unit production improvements at its Tennessee-based boat manufacturing facility for the month of February.
For the fourth consecutive month, the company posted its highest production numbers since its Ebbtide acquisition, with 18 units completed during February, up from 15 in January.
Production and shipments are expected to continue growing resulting in a further doubling of weekly shipments from February to year-end, subject to any unforeseen disruptions.
“Limestone continues to see strong demand for its products, and is focused on increasing its monthly production to meet the company’s large order backlog,” said The Limestone Boat Company CEO Scott Hanson.
“We expect to build off our best month to date by growing revenue and earnings significantly in the coming months. We have built a solid foundation for success at our Tennessee boat manufacturing facility and are positioned for a strong and transformative 2022.”
The Limestone Boat Company Limited, known for its timeless design, performance, quality, functionality and durability, is the builder of the Limestone, Aquasport and Boca Bay brands.
The Limestone Boat Company (BOAT) opened trading at C$0.175 per share.