Composite Holdings Acquires Land for Marine Vessel Manufacturing

Press Release
Wednesday, March 14, 2012

On 22 February, EPS Corporation’s 50-percent owned Composite Holdings Inc. (CHI) acquired approximately 37 acres and some 141,000 SF of marine composite manufacturing facilities, located off the Barge Canal on Merritt Island, Florida.
This Merritt Island acquisition, combined with the 2008 acquisition of 50 percent of CHI and its over 13 acres and 89,000 SF of marine manufacturing capacity on the Indian River in Titusville, Florida, provides EPS and its affiliate CHI about 50 acres of Florida waterfront property and over 230,000 SF of modern marine composite manufacturing facilities.
“EPS is excited about this investment in the area. We expect great things moving forward with our line of marine vessels, which will be manufactured at these facilities,” said Mr. Francesco A. Musorrafiti, EPS Chairman and Chief Executive Officer.
All inquiries regarding EPS Hovercrafts and marine vessels can be made by contacting hovercraft@epscorp.com.
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Evergreen Naming Ceremony for EVER LUNAR

Evergreen Group held the naming ceremony for EVER LUNAR today, the seventh of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony, which was officiated by Ms.

Nansha Factory Cuts First Steel for Tanker Newbuilds

Construction begins on two 113,000 DWT product/crude oil tankers in Nansha Factory   A steel cutting ceremony was held at the Nansha Factory December 1 for the

New Generation SSAV Delivered to PACC Offshore

POSH Xanadu, the first of a new generation of DP3 Semisubmersible Accommodation Vessels (SSAV) for PACC Offshore Services Holdings Limited (POSH), was delivered to Singapore on December 22,

People in the News

Rescuers Struggle to Reach Burning Ferry in heavy Seas

Passengers aboard a car ferry that caught fire off the coast of Greece early on Sunday pleaded for help as rescue vessels struggled to approach the burning vessel in high winds and rough seas.

Passenger Ferry Catches Fire off Greece

An Italian-flagged ferry carrying 466 passengers and crew caught fire while sailing from Greece to Italy, coast guard officials said on Sunday. The Norman Atlantic,

S.Korea Nuclear Operator says Cyberattacks Continue, Reactors Safe

South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0831 sec (12 req/sec)