Vexus® Boats officials in Flippin announced Monday they will add 30% more square footage to the company’s manufacturing operation, a $4.2 million investment. As part of the expansion, Vexus will increase its workforce by 50 full-time employees.
The expansion comes at a time when the company has experienced exceptional growth in recent years, adding new jobs and opportunities to the marine industry. The company anticipates adding new product offerings for the coming year.
At the ceremony held in Flippin, Vexus CEO Randy Hopper said, “We’re humbled and tremendously appreciative for the overwhelming response to our products. Consumer demand is driving growth, and we’re meeting that by transitioning some of our operations to a nearby facility. That site will provide added space for our custom trailer production as well as extensive engineering and cutting-edge product development. At the same time, the addition will significantly enhance the production flow and efficiencies of our aluminum and fiberglass boat manufacturing.”
Anglers and outdoor enthusiasts have made Vexus one of the fastest-growing fishing boat manufacturers in the United States. Hopper re-emphasized the importance of the local community by pointing to the firm’s deep-rooted connection to the area, “This is our home, and we feel fortunate to live in such a beautiful part of the world where the best of the best makes up an extraordinary team of boatbuilders. We love what we do and are especially thankful for the support of our customers, employees, and great group of loyal dealers coast to coast.”
Gov. Asa Hutchinson, Arkansas Economic Development Commission (AEDC) Deputy Director Jim Hudson and other local officials joined Vexus executives to celebrate the expansion.
“Arkansans take pride in our state’s stunning scenery and its access to outdoor recreation, and we are excited to have a company like Vexus that exemplifies our passions and values here in the Natural State,” Gov. Hutchinson said. “These 50 additional jobs will go a long way in improving the quality of life for families in Flippin.”
“Vexus has been a great business partner in Flippin, and we are excited to continue the relationship and see what the future has in store,” Deputy AEDC Director Hudson said. “Arkansas has a workforce second to none, and I am confident that Vexus will continue to find success here.”
The company attributed its growth to the legacy brand’s continued focus on customer appreciation, detailed craftsmanship and elevated design standards and credited Anstaff Bank and AEDC for assistance with the expansion efforts. With a history of marine industry leadership that stretches more than 50 years, Vexus officials say their employees are bolstered by thousands of years of combined boatbuilding experience. Officials also say the brand is further distinguished by its atmosphere of excellence, as well as a strong commitment to family, community and the rewards of fishing.
Vexus officials introduced the new boat manufacturing venture in December 2017 in the Flippin Industrial Park as Advanced Marine Performance. The Marion County manufacturing plant specializes in the production of aluminum and fiberglass fishing boats and custom-matched trailers.
About Vexus
More than 50 years ago, the seeds of the VEXUS® brand were planted by one of the most legendary individuals in the marine industry, Forrest L. Wood. Today, that heritage continues to deliver revolutionary innovations and detailed quality. From Glass-Infused Aluminum Hybrid models to fiberglass rigs engineered to be lighter, faster, stronger and smoother, these Total Performance Machine® designs have captured the heart of the fishing industry. Produced by a select group of angler/craftsmen committed to building The World’s Most Advanced Fishing Rigs, every Vexus model includes distinct features and proprietary designs.
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Originally Posted by ThomasD
