In an official statement, American superyacht builder, Palmer Johnson Yachts has announced their plans to relocate their manufacturing facilities to the Netherlands, confirming that their American facility will close its doors by the end of October with the loss of 100 jobs.
The relocation of the Palmer Johnson facility comes as part of the yard’s strategic plan to increase its production of the new carbon SuperSport series. Declining sales and escalating offshore competition also contributed to the closure of the Sturgeon Bay shipyard.
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