Grand Banks Yachts Purchased Stuart Yachts Basin

Grand Banks Yachts has purchased Stuart Yacht Basin in Stuart, Florida, to serve as the U.S. headquarters of Grand Banks Yachts, as well as the new home for Palm Beach and Eastbay yachts. The 12,000-square-foot facility provides covered storage, slips and full service with a 50-ton Travelift. The company plans to showcase new products and organize new boat commissioning from this yard, as well as offer a full array of yacht services to owners of these brands. Hank Compton, COO of Grand Banks America, will manage the new facility. Stuart Yachts Basin has been owned and operated by Gregg and Nancy Burdick since 1974.