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Luxury Yacht Manufacturer News

04 Sep 2015

Palmer Johnson Yatchs Shuts Sturgeon Bay, Moves to Europe

Luxury yacht manufacturer Palmer Johnson Yachts is closing its production facilities in Sturgeon Bay because of dwindling sales and competition from overseas. In a plant closing notice filed Wednesday with the Wisconsin Department of Workforce Development, the company said sales had fallen and offshore competition had escalated. The closures will result in the loss of about 100 jobs. Palmer Johnson said it will cooperate with the Department of Workforce Development to help employees find other jobs. The shutdown will take place in phases starting about Oct. 31. "We are disappointed and saddened by this business closing, and yet realize that there is no alternative," the company said.

26 Sep 2005

Tiger Woods Comes Out at Yacht Builder

A federal court in Miami has ruled that golfer Tiger Woods’ lawsuit against Christensen Shipyards, Ltd. will proceed in the U.S. District Court for the Southern District of Florida and that an order enjoining Christensen from the unauthorized use of Woods’ name or photographs of his boat will remain in place. Woods filed his rights-of-publicity suit against Christensen last October in the U.S. District Court for the Southern District of Florida. The suit alleges that the luxury yacht manufacturer, based in Vancouver, improperly used Mr. Woods’ name, his wife’s name, and photographs of a yacht built for Woods in connection with the advertising and marketing of Christensen’s products. Mr. Woods also seeks injunctive relief from Christensen.