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MasterCraft Boat: Acquisitions Creating Diversified Growth (NASDAQ:MCFT)

MasterCraft Boat has been able to outperform the broader market in recent years displaying its ability to grow. Click here to read my analysis of MCFT stock.

United statesMastercraft boat holdings incMastercraft targeted acquisitions to expand customerCraft boat holdingsNorth americanSeeking alphaCraft comparedMastercraft comparedBar chartsTargeted acquisitionsExpand customer baseCrest marineCapital asset pricingEquity calculationAlpha spreadEquity model

Paddle boat manufacturer expanding to Fenton

Fenton — American Recreational Products, which manufactures paddle boats, is coming to Fenton.

United statesJustin spragueJohn deereGretchen whitmerPatrick fentonNational compositesFenton planning commissionMichigan business development programAmerican recreational productsCrest marineAvalon pontoonsBusiness development programIndustrial facilities tax

Manufacturing business expands to Fenton

On Monday, June 13, the Michigan Economic Development Corporation (MEDC) announced two business expansion projects expected to create 68 new jobs and generate a total private investment of $7.7 million

United statesJohn deereQuentinl messer jrMichael hartFenton downtown development authorityNational compositesMichigan economic development corporationTechnology parkMichigan business development programMichigan strategic fundMichigan strategicAmerican recreational productsRecreational productsCrest marineAvalon pontoonsRecreational product

Rexair plans $3 35M facility expansion, relocation of production line from Asia to Cadillac

CADILLAC — “If you’re smart as a business, you gotta bring things back onshore.”

United statesQuentin messer jrMark howieJeff neremMarcus pecciaJohn deereGretchen whitmerRexair environmental healthMichigan economic development corporationMichigan business development programRexair vice presidentOperations mark howieBusiness development programMichigan economic developmentEnvironmental healthSafety administrator jeff nerem

National Composites planning $4M expansion in Michigan

The company's American Recreational Products brand makes large animal-shaped fiberglass pedal boats and other marine items.

United statesJohn deereAdam fentonGretchen whitmoreNational compositesMichigan business development programAmerican recreational productsCrest marineRecreational productsPaddle wheelerBoka marineBusiness development programIndustrial facilities tax abatement

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