Horizon Yachts has announced it has completed a $15million yard expansion which will allow it to increase its production capacity ‘significantly’.
The expansion is in the form of a brand new 9,917 square meter (106,745 sq. ft) production facility constructed on the Horizon grounds in a space formerly used for mold storage.
The space can accommodate seven yachts up to 36m (120ft) in length, which the yard says will improve its production levels “significantly”, allowing them to deliver 20 to 25 new builds per year.
The new development comes as the Taiwanese yard streamlines its production process. The hull production division has been relocated to the main yard, which means each stage of construction, from hull production to boat assembly and final testing, will be carried out in the same vicinity.
Construction is also underway on a materials warehouse and a brand-new office building designed to house the factory management department. This project is expected to be completed in early 2022.
The expansion will help Horizon cement its position as Taiwan’s biggest boatbuilder and one of the largest builders in the world, having delivered more than 200 yachts in the past 25 years. According to YachtBuyer intelligence it is set to deliver a further 17 yachts by the end of 2023
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