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