$ 2 MILLION INVESTMENT AT PRINCECRAFT BOATS

Princecraft Logo

 

June 25, 2018

Princecraft has announced a $2 million dollar investment in production facilities. Princecraft has improved its market share in North America. With an overall growth in the pontoon market, Princecraft needed to make significant adjustments to meet the strong demand and continue its momentum. To increase its production capacity, Princecraft invested approximately $850,000 last year to improve welding operations at the Pontoon Boat plant and make other major adjustments.

Over the coming months, Princecraft will invest an additional $ 1.3 million to expand its existing facilities and improve operations. The projects will include redesigned production line layouts, new workstations, and upgraded equipment that incorporates advanced technologies.

Princecraft is committed to creating a better workplace through more efficient work methods and ongoing employee involvement. “For its many changes, Princecraft is inspired by the philosophies of Lean Manufacturing and Six Sigma, which aim to increase a company’s performance by improving the overall quality of the product and the efficiency of its processes.”, explained Steve Langlais, President.

All of these changes and investments will result in new jobs and greater opportunities for Princecraft employees. “It is with great pride that Princecraft Boats has created 120 new jobs in the last 18 months, contributing to the economy of the region.” said Steve Langlais.

Related Posts




Recreational Marine Industry Applauds Removal of the Luxury Tax on Boats in Budget 2025

NMMA Canada

OTTAWA (November 4, 2025)—Canada’s boating industry applauds Budget 2025’s commitment to remove the devastating luxury tax on boats, a failed tax policy that unfairly punished Canadian manufacturers and workers. When the luxury tax was first implemented in September 2022, Canada’s marine industry leaders were quick to point out the impending losses of middle-class jobs, government tax revenues and sales declines.

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



Two French Icons and a World Premiere at The Paris Nautic Show: New Beneteau Gran Turismo 50 Alpine Limited Edition

At the Paris Nautic Show, BENETEAU and Alpine are bringing together two worlds steeped in French expertise by unveiling the Gran Turismo 50 Alpine limited edition for the first time, alongside the all-new Alpine A390.

Read More



RAILBLAZA AnchorPoint Phone Holder Ensures Device Safety on the Water

RAILBLAZA, manufacturer of premium quality, user-friendly electronics, fishing and boating mounting systems and accessories, has announced the launch of its AnchorPoint Phone Holder, an adventure-ready mobile device holder built for the harshest environments.

Read More