Sports Boat Maker Plans $1 Mil Expansion

STUART, FL-Whiticar Boat Inc., the 51-year-old patriarch of sports boat manufacturing and renovations on this Treasure Coast, had to either expand or turn down business. With his product selling for $2 million to $7 million each, and a strong consumer demand, the company’s decision was obvious.

The family-founded firm bought a one-acre parcel in Stuart Commerce Park for $124,000 or $2.85 per sf and plans to break ground in January on a 12,000-sf, $725,000 plant that will accommodate boat lengths up to 75 feet. Construction will take about six months.

Whiticar will continue to keep its seven-building core operations at its two-acre headquarters site at 3636 Old St. Lucie Road in Stuart, 120 miles north of Downtown Miami. That location can handle the repair and renovation of 40 boats at one time.