Palmer Johnson to Aquire Assets of Intermarine Savannah

Thursday, February 13, 2003
Palmer Johnson Savannah Inc., a member of Palmer Johnson Yachts group of companies, has signed a purchase agreement to acquire substantially all assets of BCT Real Estate and Savannah Shipyard, operating as Intermarine Savannah. Bpalmer Johnson’s acquisition of the 21-acre site in Savannah, a covered graving dock 535 ft. by 73 ft., capable of drydocking just about any yacht in the world, a high-roofed main construction building more than 600 ft. long, 700 ft. of covered docks and a 1,000-ton marine railway.
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