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Boat manufacturer to add 411 jobs in Beaufort County

Posted November 22, 2010

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Fountain Powerboat Industries plans to expand its manufacturing operations in Washington, adding 411 jobs over the next five years.

Fountain Powerboat has its executive office and manufacturing facilities on a 65-acre campus along the Pamlico River in Beaufort County. The company already employs 75 full-time workers there.

“We are absolutely thrilled to be moving our manufacturing operation of Donzi and Proline (boats) from the state of Florida to Washington,” John Walker III, who serves as president of Pro-Line and Donzi as well as chief operating officer of Fountain Powerboats.

Fountain Powerboat will invest $5.1 million in the project, and the new jobs will pay average wages of $35,657, plus benefits.

The state of North Carolina awarded the company a $150,000 grant from the One North Carolina Fund, which provides financial assistance to attract business projects to sttimulate economic activity and create jobs. Companies receive no money upfront and must meet job and investment targets to obtain the funds.

Fountain Powerboats has been in business since 1979 and, in 2008, added an entirely separate product line, Baja Boats, in Washington.

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  • lmbl Nov 22, 2010

    I had already read a few months ago in Time Magazine that stimulus money would be used to build yachts for the wealthy.

  • cwood3 Nov 22, 2010

    IMBL-you'd better do your research before you comment. ProLine has a diverse line of boats starting at about 20' and going up.
    A number of their boats are obtainable by the middle class. Agreed, some are not!! Baja and Fountain are for the upper middle class to the wealthy-depending upon size and equipment.

    Everybody talks about Grady White as being a rich man's boat. However, their 18-20s are affordable for some in the middle class who want a boat to pass to their children. Same with Parker and definitely Maycraft in Smithfield are affordable boats for the masses..

  • lmbl Nov 22, 2010

    They will be building yachts for the uber-rich with the stimulus money - "things that make you go hmmmmmmm"

  • cwood3 Nov 22, 2010

    I thought Fountain was bankrupt. WOW-this is a big boom for Little Washington. This could well attract even more boating industries to the area.

    Look at the other boat manufacturers with in 100 miles-Regulator(Edenton), Albamarle(Edenton), Kencraft(Wilson), Maycraft(Smithfield), Carolina Classic(Edenton), Grady White(Greenville), Parker(Beaufort), and Hatteras(New Bern). There may be more. If these plants can thrive, more suppliers will move this way. That's great.

    Hope this venture succeeds!!

  • ghimmy51 Nov 22, 2010

    Should do good with the growing wealth of the 20% of Americans who have 93% of the money. Luxury boats doing well means SOME Americans are doing well. Funny ... seems to coincide with the rest of us doing so much worse ... hmmm