Marine Accessories Corporation

FOR IMMEDIATE RELEASE
November 6, 2000
 

 

GREAT LAKES BOAT TOWER CO. OPENS NEW PRODUCTION FACILITY

Company meets demand and delivery times with efficient, streamlined operation

LAVERGNE, Tenn.—November 6, 2000—Great Lakes Boat Tower Company, a subsidiary of Marine Accessories Corporation of Phoenix, Arizona, is pleased to announce the opening of a new 12,000 square foot facility, expanding its current operations. The company, a producer of T-tops, half towers and wakeboard towers, built the new facility in order to meet increased demand and delivery times. Built on the Great Lakes Boat Tower’s property, the new facility houses an efficient, streamlined production operation.

“Our company is very proud of the new facility,” explains D. Todd Box, President of Great Lakes Boat Tower Company. “ Working with Marine Accessories Corporation has been a very positive experience for us. They are willing to invest both time and resources in our company so that we are able to perform at our best.”

“When we take a company under our wing, the satisfaction of the customers is one of our first priorities,” explains Richard N. Reyenger Chief Executive Officer of Marine Accessories Corporation. “The new Great Lakes facility is designed to meet their growing customer base and corresponding increased demand for product.”

Marine Accessories Corporation is a niche marine accessories manufacturing company with products that include boat covers, bimini tops, custom enclosures, T-tops, half towers, wakeboard towers, and high quality boating, fishing and boat trailer accessories. The company was formed in 1998 by Westland Industries of Phoenix, Arizona and Prospect Partners, LLC of Chicago, Illinois.

Prospect Partners, LLC is a $105 million private equity firm focused on management-led leveraged acquisitions and the provision of growth capital for lower middle market businesses with niche strategies.

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MORE PRESS RELEASES
February 13, 2001
New VP to Head Marine Accessories Corporation's Tower Business.
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Marine Accessories Corporation subsidiary acquires Fentress Marine.
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Marine Accessories Corporation acquires Pipe Dreams.
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Great Lakes Boat Top Co. merges with Marine Accessories Corporation.
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Westland Industries, Inc. Merges with Marine Accessories Corporation.