Twin Vee PowerCats Co. Announces New Louisiana Dealer, Adding Distribution to One of the Most Important Regions for Offshore Boats

Core Viewpoint - Twin Vee PowerCats Co. is expanding its market presence by adding The Boat Yard as an authorized dealer in Louisiana, a key region for offshore boating and fishing in the United States [1][2]. Company Expansion - The addition of The Boat Yard enhances Twin Vee's footprint in Louisiana, which is recognized as a premier market for offshore catamaran boats due to its world-class fishing and extensive oil-rig network [2]. - The Boat Yard is a full-service dealership located on a 10-acre site in Marrero, Louisiana, and is considered one of the largest and most impactful boat dealerships in the state [2]. - This partnership is expected to improve inventory availability, local expertise, and dedicated sales and service support for customers throughout the Gulf Coast [2]. Strategic Fit - The offshore environment in Louisiana is a natural fit for Twin Vee's catamaran platform, which is known for its stability, efficiency, and range [2][3]. - The partnership with The Boat Yard is viewed as a strategic expansion into a core offshore market, aligning with the company's growth objectives [3]. Regulatory Process - Final dealer authorization in Louisiana is subject to a state-level approval process, and the company is currently completing the necessary regulatory filings [3][4]. - While the company does not anticipate regulatory issues, there is no guarantee that approval will be obtained [3]. Company Background - Twin Vee PowerCats Co. manufactures a range of boats under the Twin Vee and Bahama Boats brands, focusing on fishing, cruising, and recreational use [5]. - The company has been in operation for 30 years and is recognized for its stable, fuel-efficient catamaran hull designs [5][6].