NorthStar Yachts moves production to China

Marine Fabricator | January 2008

NorthStar Yachts, a small yacht company in Kalama Ore., moved its production to China to lower labor costs. About seven employees of NorthStar will remain at the headquarters and parts warehouse. The company laid off 60 employees.

NorthStar makes luxury boats 80 to 125 feet long, which sell for $6 million to $13 million. One or two yachts are produced each year. NorthStar’s competition sells yachts for $2 million less.

Comments

There are not yet any comments.
You can submit a comment using the form below.