December 03, 2008

RIBCRAFT Expands Manufacturing Facility

December 3, 2008, Marblehead, MA – RIBCRAFT, a leading builder of professional grade rigid inflatable boats (RIBs), headquartered in Marblehead, Massachusetts, announced that it is expanding their production facilities to meet the growing demand from professional and recreational customers.

“As most boat builders are scaling production way back, we are fortunate to be growing and expanding. More and more recreational boaters and marine professionals are turning to RIBs because of their inherent efficiencies and superior performance over solid sided boats”, said RIBCRAFT President, Brian Gray. He continued, “The marine industry is in trouble with most segments reporting decreases of as much as 40% from the previous year. The exception is the RIB market. This latest increase in production capacity will enable RIBCRAFT to continue to meet our growing demand.”

The expansion will allow for increases in production and improvements in manufacturing efficiencies. Further, the company’s corporate offices including sales and marketing will move into the same building from their current location about a mile away.

About RIBCRAFT RIBCRAFT designs and builds safe, durable, performance oriented rigid inflatable boats (RIBs) that fulfill the most demanding professional and recreational applications. A leading manufacturer of professional grade RIBs for safety professionals, military agencies, yacht clubs, and recreational boaters throughout the world, RIBCRAFT offers RIBs starting at 15’ capable of fulfilling most any mission. www.ribcraftusa.com

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