Business
Twin Vee PowerCats Co. Announces New Louisiana Dealer, Adding Distribution to One of the Most Important Regions for Offshore Boats
FORT PIERCE, FL / ACCESS Newswire / January 8, 2026 /Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the addition of The Boat Yard as its newest authorized ...
About this update from Twin Vee Powercats Co.
[{"type":"text","content":"FORT PIERCE, FL / ACCESS Newswire / January 8, 2026 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the addition of The Boat Yard as its newest authorized dealer in Louisiana, expanding Twin Vee's footprint into one of the most important offshore boating and fishing regions in the United States.","length":423,"tagName":"p"},{"type":"text","content":""Louisiana represents a premier market for offshore catamaran boats, driven by world-class fishing in and around the Gulf of America's extensive oil-rig network," said Joseph Visconti, President and CEO of Twin Vee PowerCats Co. "Catamarans are particularly well-suited to these waters, offering superior stability, efficiency, and range-attributes that have made them one of the most popular hull forms in the region."","length":443,"tagName":"p"},{"type":"text","content":"The Boat Yard, a Marrero-based operation, is a 10-acre, full-service dealership and is one of the largest and most impactful boat dealerships in Louisiana with what the Company believes to be a strong reputation, established infrastructure, and deep relationships within the local offshore fishing community. According to the Company, this relationship positions Twin Vee to better serve customers throughout the Gulf Coast with increased inventory availability, local expertise, and dedicated sales and service support.","length":520,"tagName":"p"},{"type":"text","content":""This is a strategic expansion into a core offshore market," remarked Visconti. "Louisiana's offshore environment is a natural fit for our catamaran platform, and The Boat Yard is the right partner to represent the Twin Vee brand in this region."","length":270,"tagName":"p"},{"type":"text","content":"Twin Vee noted that final dealer authorization in Louisiana is subject to a state-level approval process. To ensure a seamless launch, the Company is completing the regulatory filings and approvals in accordance with Louisiana dealer regulations. While the Company does not expect any regulatory issues in gaining such approval, there can be no assurance that it will obtain the approval.","length":388,"tagName":"p"},{"type":"text","content":"Once such approval is finalized, The Boat Yard...