Business
Twin Vee PowerCats Co. Launches All-New Boat Brand "LFG Marine"
FORT PIERCE, FL / ACCESSWIRE / February 15, 2023 / Twin Vee PowerCats, Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and
About this update from Twin Vee Powercats Co.
[{"type":"text","content":"FORT PIERCE, FL / ACCESSWIRE / February 15, 2023 / Twin Vee PowerCats, Co. (NASDAQ:VEEE),(\"Twin Vee\" or the \"Company\"), a manufacturer, distributor, and marketer of power sport catamaran boats, today announced the launch of LFG Marine, an all-new monohull boat brand that will feature unique, new, and versatile boat models initially geared toward the freshwater market but can also be enjoyed in saltwater environments. \"LFG Marine is a bold new custom boat brand set to re-energize the world of watercraft. We put our storied expertise in boat manufacturing together with our dedication to building quality boats at an affordable price,\" explains Joseph Visconti, CEO and President of Twin Vee PowerCats Co. The Company is currently developing the following models for LFG Marine:22' Center Console monohull25' Dual Console, single-engine day boat22' Dual Console monohull25' Deck Boat, single-engineAdditional plans for larger monohull boats ranging from 24 - 30 or more feet in length\"As we look to the year ahead, Twin Vee is committed to diversified growth,\" states Visconti. \"In addition to expanding our dealership network to help open new markets, we are adding new boat models to our lineup under the LFG Marine name. We expect our new brand to appeal to first-time boat buyers, the freshwater market, and consumers that prefer a monohull boat. LFG will also offer multi-hull catamaran boats options, like our 25-foot dual console, while building a monohull boat brand targeting approximately 90% of the recreational boat buying market. Our initial monohull models will be 22 and 25 feet long, requiring only a single engine, keeping the overall costs down significantly and helping make our LFG boats more affordable. Our Company intends to unlock new growth potential and increase our exposure around the country with our new LFG boats.\" The first boat released under the LFG Marine name will be the all-new twenty-two-foot center console monohull. The 220 LFG Center Console boasts a ninety-gallon fuel tank, a 26-gallon livewell, a 36-quart console cooler, and bow and floor storage boxes. Powered by a single outboard motor (150 HP standard or 200 HP optional), the 220 LFG offers a variety of options so customers can personalize their boats. For example, boat hulls can be customized with almost any Pantone color. Moreover, many options, incl...