Panama City, Florida – (September 6, 2022) – The Bay Economic Development Alliance, an agent of the Bay County Commission (Bay EDA), announced today that Mocama Marine LLC will be establishing a boat manufacturing operation in Bay County, Florida. The company will create 105 new jobs and will invest $10.5M in this new operation.
Mocama Marine LLC is a wholly owned subsidiary of East Bay Capital, Inc., an investment firm based in Jacksonville, Florida. The company recently acquired the boat manufacturing brands of Action Craft (revered brand of flats boats and bay boats founded in 1981) and SouthWind (a premier brand of high-quality deck boats founded in 2007). Mocama Marine intends to consolidate operations of Action Craft and SouthWind to increase capacity, efficiency, and output under a production builder model necessary to support its intent to sell through a nationwide network of boat dealers and rental boat clubs. Manufacturing activities will generally be comprised of lamination (production of large and small fiberglass parts) and assembly (installations, rigging, painting, cleaning, testing, packaging, etc.) Management activities will include oversight of operations, accounting, sales, marketing, procurement, transportation, quality control, warranty, customer service and administrative support functions.
The company will be purchasing two existing facilities located off Bay Line Drive, which is in the original industrial park in Bay County.
According to Barry Skitsko, President of Mocama Marine and its parent company East Bay Capital, “In Bay County, Florida, we found a community eager to assist our company’s expansion plans. By consolidating manufacturing operations at this expansive facility, we are well positioned to return Action Craft and Southwind to their roots as production builders serving dealers and rental clubs across the country. We look forward to a long, successful partnership in Bay County. We want to thank the Bay County Commission and the Bay Economic Development Alliance for their support during this site selection process.”This project was made possible through the combined efforts of the Bay EDA, the Bay County Board of Commissioners, Triumph Gulf Coast Fund, University of West Florida – “Industry