RMI Holdings Announces Strategic Acquisition of 38-Acre Merritt Island Boat Manufacturing Facility, Accelerating Long-Term Growth

Regal

Sept 24, 2024

RMI Holdings, the parent company of Regal Boats, proudly announces that it has signed a contract to acquire a 38-acre, 170,000-square-foot waterfront boat manufacturing facility in Merritt Island, Florida. Located just 44 miles from its Orlando headquarters, this strategic acquisition positions RMI Holdings for significant long-term growth and operational expansion. 

This purchase aligns with RMI Holdings’ broader growth strategy, ensuring the company is prepared to seize future opportunities within the dynamic marine industry.

In parallel to the Merritt Island acquisition, RMI Holdings is also making a substantial investment in its Orlando headquarters, expanding the manufacturing facility by over 88,000 square feet. This expansion will bolster production capabilities, reinforcing the company’s ongoing commitment to delivering exceptional boating experiences through its Regal Boats brand.

“The acquisition of the Merritt Island facility represents a pivotal opportunity for long-term growth,” said Duane Kuck, CEO of RMI Holdings. “Alongside the expansion of our Orlando facility, these initiatives demonstrate our unwavering commitment to building a world-class team, producing industry-leading boats, and empowering the success of our dealer network, all while exceeding customer expectations.”

RMI Holdings, through its wholly-owned subsidiary Regal Boats, continues to focus on innovation, quality, and excellence in boat manufacturing, ensuring readiness to adapt to future market opportunities.

About RMI Holdings

RMI Holdings is a leading manufacturer in the marine industry, renowned for its innovative designs, quality craftsmanship, and dedication to customer satisfaction. Committed to its purpose of Honoring God and Enriching Lives, RMI Holdings continues to pursue strategic growth and excellence.

For further information, please contact: Jake Kuck
RMI Holdings
jkuck@regalboats.com

Related Posts

Cruisers Yachts Rebrand Flagship Model: Introducing The New 57 Fly

NMEA

Cruisers Yachts, a renowned name in the luxury yacht industry, announces the rebranding of its esteemed 55 FLY model, now named the 57 FLY.
 
“At Cruisers Yachts, we always strive to improve our products and ensure they reflect the true essence of our craftsmanship. After careful consideration, we’ve decided to rename the 55 FLY to the 57 FLY. This change better aligns with the actual length of the yacht and more accurately represents its impressive scale and sophistication.

Read More

Changing Scene

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.

Just Launched

Kropf Industrial Delivers First All-Electric Travel Lift

Kropf Industrial, manufacturer of the industry-leading Conolift line of boat handling equipment, is excited to announce that its first all-electric travel lift is now in service in Ontario. The advanced design has eliminated both the diesel power unit and the hydraulic system, yielding a simplified machine that is quiet, and free from emissions and the risk of spills.

Read More

Mercury Marine enhances Joystick Piloting capabilities, laying the groundwork for an exciting future in effortless autonomous boating

Hubbell-Marine Stainless steel outlet covers

Mercury Marine®, a division of Brunswick Corporation has announced a software update for its SmartCraft®operating system that gives Joystick Piloting powerful new capabilities. The system can now automatically counteract the effects of wind, waves and current while a boater is driving with the joystick, giving them the ability to dock and maneuver with effortless precision.

Read More

People