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Thursday, March 08, 2007
Boat Manufacturer Millennium Marine to Open in Edenton
Boat manufacturer Millennium Marine has announced that they will open a facility in Edenton, NC, creating 38 jobs and investing $1.5 million during the next three years. Although known for their commercial boats, Millenium Marine is currently expanding their recreational line built with the same hulls as their proven commercial counterparts. Their Miramichi 31 (shown) is an interesting example of their strategy - while it doesn't have the prettiest lines, it does look like a well designed and sturdy fishing boat that would be well suited to fish Gulf Stream waters. The new jobs created will average 17% above the local county wage standard and will also include benefits. As an incentive for the new manufacturing facility Millennium Marine will also receive a $75,000 One North Carolina Fund grant. More on the announced facility is available from expansionmanagement.com.
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