American yacht builder Palmer Johnson have announced that it will acquire the facilities of Holland Jachtbouw to establish itself in Europe. The news comes after the yard reported last month that it will be closing down its construction plant at its current Sturgeon Bay location and was set to move to an unconfirmed facility in the Netherlands.
Palmer Johnson points out the reason behind the relocation is strictly commercial, and feels the network of suppliers, subcontractors and fellow yacht building companies within the Netherlands will be better suited to their expected production goals. The yard reports to look forward to build on and continue Holland Jachtbouw’s innovative and open approach to yacht building.
Timur Mohamed, owner of Palmer Johnson feels the decision to relocate wasn’t an easy one, and the quality of the workmanship at their Sturgeon Bay facility was some of the best in the industry.
SuperYacht Times - The State of Yachting 2020
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