Lux­ury boat mar­ket in re­cov­ery

This Gold Coast man­u­fac­turer has gone from al­most bust to boom­ing with ex­pec­ta­tions of an­other strong per­for­mance in 2017

Weekend Gold Coast Bulletin - Property - - AUCTION - RYAN KEEN

AMA­JOR Aus­tralian boat builder and ex­porter based on the Gold Coast hopes to crack 100 builds this year. In a sign of the lux­ury boat­ing mar­ket’s steady re­cov­ery from a post­global fi­nan­cial cri­sis slump, Coomera-based man­u­fac­turer Riviera is ex­pect­ing to go close to the 100 mark. Last year Riviera fin­ished with 84 builds – a 29 per cent in­crease on the pre­vi­ous year.

“This year we will be putting up close to 100,” Riviera brand and com­mu­ni­ca­tions di­rec­tor Stephen Milne said.

“It’s based a lit­tle bit on our pre­vi­ous pro­duc­tion num­bers and our abil­ity to grow the busi­ness more in terms of ad­di­tional staff.

“We are do­ing ev­ery­thing we can to stream­line our pro­duc­tion pro­cesses.”

Mr Milne said the com­pany’s 14ha man­u­fac­tur­ing base now had a team of just over 500 staff in­clud­ing 53 ap­pren­tices. But plenty of jobs were avail­able to meet its ex­pand­ing boat or­ders. “We are look­ing for lam­i­na­tors, cabi­net mak­ers and skilled boat builders to help us,” he said.

“If we could find an­other 30 skilled peo­ple and they came knock­ing at our door they would have jobs the fol­low­ing day.”

The com­pany, which al­most went to the wall years ago – un­til Rod­ney Longhurst stepped in and took over the own­er­ship – has

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.