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on The Limestone Boat Company Limited (isin : CA53263G1054)

The Limestone Boat Company Resumes Production in New Brunswick

The Limestone Boat Company, known for its Limestone® Boats, has officially resumed boat manufacturing at its new Maritimes facility located in St. Stephen, New Brunswick. This follows an extensive employee training program that started in November 2023. The trained team is now engaged in building the company's MY2025 model, anticipated to reach dealers by June 2024.

In addition to resuming operations, the company has upgraded its tooling for models like the L200CC and L200R and is finalizing new tooling for models L290DC and L200R EV. The improvements aim at increasing quality and production efficiency. Limestone also noted growing interest from over a dozen new dealers in its models and configurations, signaling expanding market reach in the coming months.

The company expressed appreciation for the ongoing support from all stakeholders and reaffirmed its commitment to enhancing shareholder value. This resumption marks a significant step towards boosting production capabilities and fulfilling dealer and customer expectations.

R. E.

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