Bay Economic Development Alliance: Suzuki Motor of America, Inc. Announces Plans for Suzuki Marine Technical Center USA in Pa...

Date : 26/03/2020 @ 19:58
Source : PR Newswire (US)

Bay Economic Development Alliance: Suzuki Motor of America, Inc. Announces Plans for Suzuki Marine Technical Center USA in Pa...

PANAMA CITY, Fla., March 26, 2020 /PRNewswire/ -- Today Suzuki Motor of America, Inc. announced plans for its future Suzuki Marine Technical Center USA, scheduled to be built on a 20-acre waterfront property in Panama City, Florida.  While the official launch date for this project is still unknown, Suzuki is currently finishing renovations on existing building sites on the property.

"As a mobility company, Suzuki is about empowering people to enjoy the Great Outdoors and travel freely by land and sea," said Max Yamamoto, President Suzuki Motor of America, Inc.  "We are planning a state-of-the-art Suzuki Marine Technical Center that will help us to develop, test and refine the best possible Suzuki outboard products for today and tomorrow.  Our goal is to improve people's lives on the water, and ensure everyday mobility for as many people as possible," added Yamamoto.

Suzuki plans to work in collaboration with U.S.-based boat and accessory manufacturers to develop and improve its products (currently outboard motors from 2.5 to 350 horsepower) using the resources this unique location provides – a launch ramp, a large basin area for running and testing boats/motors, and a protected harbor.

The location was previously used for Marine Transportation's Logistical Headquarters (MT) and a Florida State University Research Facility. Suzuki was able to find and acquire this ideal location with the help of various state, county, and city officials who, like Suzuki, were able to see past damages left behind by Hurricane Michael in 2018 to envision what this unique property could someday become.

Suzuki will work with various city, state, and federal government agencies to restore, repair, and develop the site.  This will include improvements to the existing launch ramp, as well as the docks lost in the hurricane, repairing the seawall and repairing/improving the existing basin, refurbishing the existing MT building, and adding additional structures as needed and allowed by proper permitting.

As Suzuki moves forward with these projects and improvements, development will be guided by the company's commitment to the coastal environment and marine habitat.  Suzuki is concerned for the environment and intends to develop and use the property with sustainability and environmental friendliness in mind. Suzuki has several Green Initiatives here and around the world.  At the recent 2020 Miami International Boat Show, Suzuki kicked off a "kick plastic" movement and is promoting the use of other recyclable material where practical in place of plastic.  In addition, Suzuki is redesigning its parts and accessory packaging to use less plastic. Suzuki is committed to the marine environment and working with the city, county and state for a better Florida.

"We are proud to have Suzuki Motor of America developing this new facility in Panama City – and not only from a business perspective," said Ben Lee, Bay Economic Development Alliance (Bay EDA) Chairman. "We already knew Suzuki as a respected, worldwide brand, but as we worked with them in selecting a site, we learned that Suzuki is also a company with a deep respect for the marine and coastal environment.  This is precisely the type of business partners we want to bring to our region," said Lee.  

The City of Panama City has been intimately involved with the progression of this project. 

City of Panama City Mayor Greg Brudnicki stated, "Suzuki will be an excellent addition to the business community in Panama City. This project also brings new high skilled jobs to our area. This project is exciting as it will be utilizing the fantastic natural assets we have in our community and the project site will be an excellent location to see this project come to fruition. As our community recovers and improves after Hurricane Michael, we are delighted to welcome global companies like Suzuki into our community."

Bay County has also been very involved throughout this project.  

As stated by Bay County Commissioner, Tommy Hamm, "We are elated to welcome Suzuki Motor of America, Inc. to Bay County. Suzuki is a world-renowned leader in the marine industry and we are certainly proud that they have selected Bay County for their USA Marine Technical Center." Commissioner Hamm continues, "Suzuki will be a great addition to our community, and we are excited that this investment and new job creation is occurring right here in Bay County, Florida. Suzuki has a corporate commitment to our coastal environment and marine habitat, and we are proud to have companies like this select Bay County."

Suzuki expects that during the first year, three to five people will be employed at the facility and live in the area. At various times, additional part-time employees will be needed depending upon the workload.

Over the next three years, Suzuki expects to add additional employees every year as the scope of operation grows. In addition, Suzuki intends to use the facility for new product launches, testing, and training. Suzuki has more than 1,200 dealers and does business with more than 150 U.S.-based boat companies, who along with engineers from Japan, will be visiting the facility.  These activities will contribute to the local economy through increased air travel, hotel stays, restaurant visits, and other assorted expenses associated with business travel.

"This comes at a time when the boating industry is facing unparalleled challenges due to the coronavirus outbreak," said Yamamoto.  "We are confident that our world and our industry will get through this crisis, which is why we are moving forward with this plan for the future."

For more information about Suzuki's full range of premium quality outboard motors from 2.5 to 350 horsepower, visit www.suzukimarine.com.

MARINE Division
Bulletin No. 20-0326-US

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bay-economic-development-alliance-suzuki-motor-of-america-inc-announces-plans-for-suzuki-marine-technical-center-usa-in-panama-city-florida-301030609.html

SOURCE Bay Economic Development Alliance

Copyright 2020 PR Newswire

ADVFN Advertorial
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200405 14:12:32