FERRETTI GROUP – USA

FERRETTI GROUP – USA FERRETTI GROUP CONSOLIDATES ITS PRESENCE IN THE USA – $15 MILLION INVESTMENT PLAN FOR THE PURCHASE OF A SERVICE SHIPYARD IN FT. LAUDERDALE, FLORIDA

Ferretti Group announces a $15 million investment to purchase a service shipyard in Fort Lauderdale, Florida to increase the strategic presence of Ferretti Group America. The facility covers an area of approximately 4,000 square meters and includes five docks and a combination of indoor and open-air spaces where, thanks to the adjoining marina, service, refits and deliveries are carried out for U.S. customers, who consider Ft. Lauderdale the main hub of American yachting. The area, located within the Lauderdale Marine Center, also includes a warehouse for the storage of materials and spare parts for American customers’ yachts.

Thanks to a total stock value of over $1.2 million, the Ferretti Group is capable to increase efficiency of spare parts delivery and services arriving from its Italian shipyards. “We are very proud to present the new investment plan in the US, a fast-growing market that gave us great satisfaction last year” commented Alberto Galassi, CEO of the Ferretti Group.

“The orders for 2020 confirm this trend, certifying the love that our US customers have for the Group’s brands. The decision to further increase our refit and post-sales services for our customers is the cornerstone of this investment and demonstrates Ferretti Group’s dynamism and desire to consolidate its presence in the USA, making Fort Lauderdale our armament hub in the American continent”.

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