That structure will be built next to Four Winns' existing manufacturing and corporate center at 925 Frisbie Street in Cadillac, which is located in northwest lower Michigan. Four Winns, a division of Genmar, did not release any construction costs, but the company did receive an $810,000 block grant from the state to support the project.
Four Winns is also considering building a new 350,000 sf facility in a new Cadillac industrial park, James E. Potvin Industrial Park. The firm would build larger, cruiser style boats there.
Since taking over Four Winns from the OMC in bankruptcy proceedings in February 2001, Genmar has seen Four Winns' workforce in Cadillac increase from 498 to 740 employees. The new facilities are expected to create 260 new jobs. With the creation of both projects, the Four Winns payroll in Cadillac could hit 1,000.
"I think we're positioned very well to help them with the sport boat plant. If additional expansion activities happen, we will take the same steps to help in any way we can," says Cadillac city manager Pete Stalker. "It also fits nicely with our strategy of industrial growth—retention and expansion."
Four Winns president John Anderson says that the company had a record New York boat show, and is expecting a strong sales year. "Barring some world situation we can't control, we expect this year to be as good as we've had," he concludes.
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