Welcome to our dedicated page for Twin Vee Powercats Co news (Ticker: VEEE), a resource for investors and traders seeking the latest updates and insights on Twin Vee Powercats Co stock.
Twin Vee PowerCats Co (NASDAQ: VEEE), a pioneer in power catamaran manufacturing since 1994, provides this dedicated news hub for investors and marine industry stakeholders. Track official press releases, financial disclosures, and strategic developments from the Florida-based boat builder renowned for its fuel-efficient twin-hull designs.
This resource delivers timely updates across three key areas: quarterly earnings reports, new product launches in both gas and electric boat segments, and franchise network expansions. Discover announcements about technological innovations like advanced CNC manufacturing processes and digital sales platform enhancements.
Professionals will find value in monitoring partnership developments with marine dealers, sustainability initiatives through electric vessel production, and market expansion strategies. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Twin Vee's latest milestones, operational updates, and industry leadership in catamaran engineering. Verify time-sensitive information through our curated collection of primary source materials updated as new releases become available.
Twin Vee PowerCats, a leading manufacturer of power sport catamaran boats, is set to host its inaugural Owners Appreciation and Sales Event on May 6, 2023, at its headquarters in Fort Pierce, Florida. The event will run from 10:00 am to 4:00 pm and aims to celebrate and thank shareholders and boat owners for their support. Attendees can tour the factory, see current boat models, and enjoy activities including raffles, games, and live music. Special pricing on boats will be available, along with opportunities for sea trials. As space is limited, interested participants must reserve a spot via the company's Event Page.
This family-friendly event promises a fun-filled day with free food from Big Worm's BBQ and is a unique chance to experience why Twin Vee is known for producing the best riding boats on the water.
Twin Vee PowerCats Co. (NASDAQ:VEEE) is moving forward with its planned factory expansion following approval from the Fort Pierce City Commission. The expansion will include a new 23,456-square-foot building and a 4,389-square-foot covered awning, resulting in a total manufacturing facility size of 95,000 square feet.
The CEO, Joseph Visconti, stated that the new facility will allow for an additional manufacturing line, improving production output for both Twin Vee and LFG Marine boats without disrupting current workflows. Construction is expected to begin soon and be completed by the end of the year, with no anticipated reduction in the manufacturing schedule during this period.
This expansion aims to unlock growth potential and increase the company's capacity to serve both new and existing markets across the U.S.
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