Nimbus Group is to start manufacturing its Nimbus brand boat in North America.
The boats will be produced in EdgeWater Power Boats’ existing production facility in Edgewater, Florida, which was included in the acquisition of EdgeWater earlier this year. Since the acquisition, the facility has been updated to cope with increased production, and starting in February next year, the Nimbus T8 model will also be produced there to coincide with the 2025 model year product planning.
Local production of the Nimbus brand boats is another step in the Nimbus Group’s strategic investment in the sale of premium boats in the North America market.
The North American powerboat market is the largest in the world and accounts for around half of the world market.
“Starting local US production of Nimbus brand boats is a natural next step in our increasing investment in the important North American market,” says Jan-Erik Lindström, CEO for Nimbus Group.
Nimbus Group’s growth strategy includes increased investment in the North American market and its premium boats.
For the third quarter of this year, Nimbus Group reported an organic sales increase of premium boats by 19%, while the order book in North America increased to a record high SEK 550 million, corresponding to 58% of the total order book.
Nimbus Group produces and markets powerboats which includes the brands Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts.