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Grand Banks Yachts

Grand Banks Yachts
:
🆔
Industry
Founded 📆
Founder 👔Robert J. Newton
Worldwide
( )
Chiam Heng Huat ( )
Products 📟 
Revenue🤑  $83.5 million (2018)
$9.5 million (2018)
$94.9 million (2018)
Total equity $55.7 million (2018)
Members
Palm Beach Motor Yachts
🌐 Website
📇 Address
📞 telephone

. Bloomberg.

Grand Banks Yachts is a luxury yacht manufacturer based in Stuart, Florida . The company was founded by Robert J. Newton and his sons in 1956 as American Marine, a custom boat manufacturer that built sailboats and motor yachts. [1] However, the company's inception is often recognised as 1963, when they produced their first signature powerboat model, which came to be known as Grand Banks. [1]

Throughout the companies history, Grand Banks have been recognised for their construction of luxury motorboats that have stylistic features of a recreational trawler created from a combination of wood and fibreglass . The company operates on a global scale and caters to Australia , Asia , North America and Europe ; with office locations in each continent. [2]

The manufacturing facilities have relocated since the brands inception from Junk Bay , Hong Kong to facilities in Pasir Gudang in Malaysia and Singapore . [3] Manufacturing has hence ceased at the Singapore factory and all motor yachts are produced by the 747 employees at the Malaysian factory. [4]

  • 2.1 Moulding
  • 2.2 Carpentry
  • 2.3 Interior module construction
  • 2.4 Production floor
  • 2.5 Sea trials
  • 3 Current models
  • 4.1.1 Grand Banks Yacht Basin
  • 4.2 Office facilities
  • 5 Mark Richards (Chief Executive Officer)
  • 6.1 Palm Beach
  • 7 References

History [ edit ]

In 1952 Robert J. Newton began building custom built yachts and powerboats in the parking lot of a bottling plant that he owned in To Kwa Wan . [1] The company was originally known as American Marine, Ltd and was a small business consisting solely of Robert J Newton and his sons. They catered to the requests of local marine architects and created prototype sail boats and motor yachts for 11 years. [1]

grand banks yachts wiki

However, the company's inception is recognised as 1963; the date in which the business shifted from making custom built motor yachts to the production of a line of boats. [5] It was at this stage the Grand Banks business name was established.

Grand Bank's first prototype for their line of models was a 36-foot diesel-powered cruising boat named spray. [5] It was a modern yacht with trawler style characteristics. The features which defined it as a “trawler style” were the symmetrical saloon shape, small workboat windows and a spacious saloon space. The model was drastically different to yachts being produced at the time.

1965 was the first model year for Grand Banks, in which they transitioned away from single models to creating a series of models. The company built a range of models including the Grand Banks 32, 36 and 46 feet shapes.

The first fiberglass hulled vessels were built in 1974 at a new factory in Singapore. [5] The switch from wood to fibreglass was performed with a great degree of secrecy and the public and dealers were not informed until the new manufacturing procedures had begun. [1] Due to the abrupt nature of the switch and the lack of understanding of fibreglass hulls by the public at the time, Grand Banks received much negativity.

In 1975 the company changed control due to financial pressure and was passed to an investment group owned by Bob Livingston.

In 1990 the company floated on the Singapore market as Grand Banks Holding LTD . [1]

In 1994 the company released the Grand Banks 46 Europa model. [6]

In 1995 the Grand Banks opened the new facility in Pasir Gudang, Malaysia. [3]

In 1997 the company released the Grand Banks 49 classic model. [6]

On April 11, 2014 Grand Banks acquired a 100 percent stake in Palm Beach Motor Yachts for $8 million AUD and manufactures the yachts in its Malaysia facility. [7]

Construction [ edit ]

Grand Banks yachts are constructed at the manufacturing facility in Malaysia. The facility works independently and is vertically integrated , with the entire manufacturing process being completed in each location. The manufacturing process is completed in 5 stages; moulding , carpentry , interior module construction , production floor and sea testing. [3]

Moulding [ edit ]

The two moulds required to build the infrastructure of a Grand Banks are the hull and deck modules. Each has a two-piece mould with thick support structures in which the fibreglass is poured. After a setting period the new structure is then sanded, smoothed and trimmed to remove faults and to give a smooth surface finish. [3] Upon finishing this process, the hull and deck modules are moved to the production floor.

grand banks yachts wiki

Carpentry [ edit ]

The carpentry stage produces the teak objects, furniture and decking. It is broken down into carpenter stations, each with specialised roles. [3] The specialised stations produce a single item, including: tables, window frames, benches, decking and railings. Upon being constructed, the object is then sanded, sealed and varnished in a separate station.

grand banks yachts wiki

Interior module construction [ edit ]

The interior of each yacht is built in a series of individual modules which together form the structure of the vessel. [3] This method increases the speed of production; as multiple units can be built at one time. Interior modules include: furniture , stairs , and supporting structures. Upon the completion of each module they are moved to the production floor to be assembled.

Production floor [ edit ]

Each individual component is brought to the production floor for assembly . This is the largest area in the facility and is where majority of the employee's work. [3] Once the three above components are on the production floor the yachts are assembled. Firstly, the two mould modules are assembled and assessed for imperfections. Following that the machinery is placed and assembled; including the engine , inverter and tanks . Once the heavy machinery is in, the carpentry and interior modules are placed and fastened together. The final step is sanding and varnishing to ensure a smooth and consistent teak finish. [3]

Sea trials [ edit ]

Sea trials is the final stage before the yachts can be dispatched. All completed yachts must undergo sea trials to ensure they meet safety requirements and quality standards. [3] Each boat is tested for its safety and operating systems. Upon satisfying the tests and quality control the vessels are partly disassembled for shipping .

Current models [ edit ]

Grand Banks are currently manufacturing four yacht models. The four models they are offering are the: Eastbay 44, Grand Banks 60, Grand Banks 60 Sky Lounge and Grand Banks 54.

Eastbay 44 Grand Banks 60 Grand Banks 60 Sky Lounge Grand Banks 54
A modern “down-east style” yacht that is designed for and efficient cruising. The yacht features a deep design, three staterooms and two .
: 13,500 kg
A multi-storied “ ” constructed of fully infused carbon fibre. The yacht has an open plan and an exposed fly bridge.
The Grand Banks 60 also comes in the Sky Lounge model. This features an enclosed fly bridge which has additional living space and a helm.
A long-range cruiser that is a part of the Grand Banks Family Series. Constructed similarly to the Grand Banks 60 with fully infused carbon fibre as well as modified .


Facilities [ edit ]

Grand Banks Motor Yachts has numerous facilities across the globe. These include the manufacturing facility, their Grand Banks Yacht Basin and two offices .

Manufacturing facilities [ edit ]

Grand Banks yachts are currently constructed at the manufacturing facility in Malaysia by the 740 employees. [3]

Prior to manufacturing the yachts in Malaysia, Grand Banks had facilities in Hong Kong and in Singapore.

Grand Banks Yacht Basin [ edit ]

The Grand Banks Yacht Basin is the service centre for Grand Banks yachts. It is located in Stuart, Florida and serves as the North America headquarters and the location for Grand Banks specific renders and services. The location is 12,000 square feet and provides full service to Grand Banks, East Bay and Palm Beach owners. [11] The Grand Bank technicians work within the Grand Banks manufacturing compliance standards, ensuring the yachts do not materially differ from their manufactured state. The facility has Grand Banks specific inventory and provides services such as: top-coat painting , engine and generator services, yacht detailing and maintenance checks.

Office facilities [ edit ]

Grand Banks have two office facilities (outside of the Grand Banks yacht Basin). These Southern Hemisphere office space is located in Berkeley Vale , Australia. The Northern hemisphere office is located in the Shepperton Marina in Shepperton , England. [12] The facilities perform administrative work, research and development and service customer enquiries.

Mark Richards (Chief Executive Officer) [ edit ]

Mark Richards is a renowned Australian sailor and the current CEO of Grand Banks Motor Yachts. He became the executive director in 2014 when Grand Banks acquired his company Palm Beach Motor Yachts. [13] Upon fulfilling the role he has integrated all manufacturing of Palm beaches into the Grand Banks facilities.

grand banks yachts wiki

He has gained international recognition in the sailing industry through his prolonged success in the Rolex Sydney to Hobart yacht race. As the skipper of Wild Oats XI he has received line honours 9 times in the past 15 years, establishing it as the most successful yacht in the races' history. [14] Prior to his success on Wild Oats XI, Mark Richards has won the Sydney to Gold Coast yacht race and the Admiral's Cup in 2003 as well as participating in two Americas cup challenges.

Subsidiaries [ edit ]

Palm beach [ edit ].

Palm Beach Motor Yachts Co Pty Ltd is a prestige Australian boat builder founded in 1995 by Mark Richards. [15] The company was launched in Palm Beach, New South Wales, with the philosophy to “Provide the customer with a product that's as close to perfection as humanly possible”. [15] Palm Beach manufactures high end luxury motor yachts with premium features.

On April 11, 2014 Grand Banks acquired a 100 percent stake in Palm Beach Motor Yachts for $8 million AUD and Grand Banks share issue of $2 million AUD. [13] The motor yachts are manufactured in Grand Banks’ facilities in Malaysia.

Palm beach currently manufacture 7 customisable models, ranging from 42 to 65 feet in length.

References [ edit ]

  • ↑ 1.0 1.1 1.2 1.3 1.4 1.5 Fischer, M (2012). "The legend of Grand Banks" . Retrieved March 27, 2019 .
  • ↑ Richards, M (2019). "Grand Banks Yachts" . Retrieved March 26, 2019 .
  • ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 Parlatore, B (2012). "The Making of a Grand Banks" . The Making of a Grand Banks . Retrieved March 26, 2019 .
  • ↑ "Grand Banks Annual report" . 2018 . Retrieved May 28, 2019 .
  • ↑ 5.0 5.1 5.2 Lane, R (1998). "A brief history of Grand Banks and American Marine" . Retrieved March 26, 2019 .
  • ↑ 6.0 6.1 Began, E (2017). "8 classic Grand banks yachts" . Retrieved May 12, 2019 .
  • ↑ Lockwood, D (2014). "Palm beach sold to Grand Banks" . Retrieved May 4, 2019 .
  • ↑ 8.0 8.1 Butler, J (2017). "EB44 Brochure" . Retrieved May 1, 2019 .
  • ↑ 9.0 9.1 9.2 9.3 Butler, J (2018). "GB60 Brochure" . Retrieved May 1, 2019 .
  • ↑ 10.0 10.1 Richards, M (2019). "GB54 Brochure" . Retrieved May 2, 2019 .
  • ↑ Richards, M (2019). "Grand Banks yacht basin" . Retrieved May 28, 2019 .
  • ↑ "Ownership Experience - Grand Banks Delivers High-Quality Service" . Grand Banks . Retrieved May 28, 2019 .
  • ↑ 13.0 13.1 Lockwood, D (2014). "Palm Beach sold to Grand Banks" . Retrieved May 4, 2019 .
  • ↑ Billingham, P (2018). "Historical Facts - Rolex Sydney Hobart Yacht Race" . www.rolexsydneyhobart.com . Retrieved May 28, 2019 .
  • ↑ 15.0 15.1 Richards, M (2019). "Palm Beach Motor Yachts" . Retrieved March 27, 2019 .

This article "Grand Banks Motor Yachts" is from Wikipedia . The list of its authors can be seen in its historical and/or the page Edithistory:Grand Banks Motor Yachts . Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

  • Use mdy dates from June 2019

License CC BY-SA 3.0

EXPLORE OUR WORLD OF LUXURY YACHTS

At Grand Banks Yachts, we proudly stand behind every boat that we’ve built from the moment it hits the water and throughout the vessel’s life. That’s why if you’re looking to purchase a pre-owned Grand Banks Yacht, you’ve come to the right place. No one knows these boats like we do.

Whether you’re looking to cast off the lines and put some bluewater miles under your keel, or you’re just dipping your toe into the world of yacht ownership, there’s no one better to talk to than us. Our dedicated sales and services teams will guide you ever step of the way.

Plus, we’re offering our 12-month Exclusive Extended Structural Warranty Program available on all Grand Banks Yachts built with V-Warp® Technology since 2014 upon completion of a bow-to-stern survey at one of our authorized service centers.

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Every month we make a selection of models that we feel are of particular interest and value. These may be new listings, price reductions or boats that we notice are attracting a great deal of attention on the site.

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Grand Banks Yachts

  • Our Factory
  • Testimonials
  • Grand Banks 54
  • Grand Banks 60
  • Grand Banks 85
  • Hull Design
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  • Factory Direct
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  • Global Network
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  • In The Media
  • Fact Sheets
  • Inquire Now

From this page you can directly download fact sheets for all the models in the Grand Banks range. If you’d like a printed brochure, please use the contact form at this site and give us your address details.

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IMAGES

  1. Grand Banks 54

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  2. Grand Banks 54

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  3. Grand Banks 60

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  4. Grand Banks 54

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  5. Grand Banks 54

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  6. Grand Banks 60

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VIDEO

  1. Selene 43' Yacht. Trawler Yacht 43' Selene

  2. Christensen Yachts "Kingfish"

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  4. GRAND BANKS 85

  5. Grand Banks 54 2021 Professional Photograph Slideshow Tour

  6. Replacing the batteries on a Grand Banks Trawler

COMMENTS

  1. Our Story

    A BREAKTHROUGH DESIGN. The immediate appeal of this 36-foot, diesel-powered cruiser led the Newtons to abandon their custom yacht building business to concentrate on the production line that would eventually become Grand Banks. Since 1965, when the first models were launched, 1,136 GB36s have been built. In 1968 the factory was moved from Hong ...

  2. Grand Banks

    The immediate appeal of this 36-foot, diesel-powered cruiser led the Newtons to abandon their custom yacht building business to concentrate on the production line that would eventually become Grand Banks. Since 1965, when the first models were launched, 1,136 GB36s have been built. n 1968 the factory was moved from Hong Kong to Singapore and ...

  3. Grand Banks of Newfoundland

    The Grand Banks of Newfoundland are a group of underwater plateaus south-east of Newfoundland on the North American continental shelf. These areas are relatively shallow, ranging from 15 to 91 metres (50 to 300 ft) in depth. The cold Labrador Current mixes with the warm waters of the Gulf Stream here, often causing extreme foggy conditions.

  4. Custom Luxury Motor Yachts

    Discover Grand Banks Luxury Motor Yachts. Explore our collection of high-end cruising motor yachts, designed for elegance, speed, and comfort.

  5. Legacy

    Legacy - Grand Banks Yachts. Since the 1960s, Grand Banks has been prolific in its introduction of new models and styles of luxury motor yachts. Lovingly preserved and restored, you'll find them to be ubiquitous in coastal waters, open seas and inland waterways. Two styles are revered by enthusiasts.

  6. Boat Test and Review of the Grand Banks 54

    A couple of decades ago, however, things began to change at Grand Banks. What is today called "The Grand Banks Heritage ­Series" of boats slowly but surely began giving way to faster vessels with larger engines and more speed. In 1993, in keeping with the new concept, the company launched the Eastbay series, an entirely new line.

  7. Grand Banks

    Grand Banks yachts are in high demand, with well-maintained vessels regularly reselling for more than their original retail prices. In 1968, American Marine moved production from Hong Kong to Singapore. In late 1973, prior to the 1974 model year, wood hull designs were abandoned in favor of fiberglass. Many traditional yachtsmen remained unsold ...

  8. Grand Banks 42 Classic: The Gold Standard in Traditional Trawler Yachts

    This 1989 Grand Banks 42 (currently listed in the UK) is a prime example of this classic trawler. At the time, I was blissfully unaware of the differences between trawler yachts like the Grand Banks 42 Classic and other designs. But today, with the benefit of hindsight, I know how lucky I was to learn aboard that particular boat.

  9. Grand Banks GB85 Yacht Review: Biggest Grand Banks Cruiser Ever

    The biggest boat Grand Banks has ever built is clearly an impressive entry into the iconic builder's line up and is perfectly designed for family's seeking a large, long-distance cruiser that is comfortable, well-thought out and fuel efficient. Specifications: Length Overall: 87.17′. Length on Deck: 78.75′. Max Draft: 4.08′.

  10. Grand Banks Yachts Sdn Bhd

    Grand Banks Yachts is a luxury yacht manufacturing company based out of Malaysia, and listed on the Singapore Stock Exchange as Grand Banks Yachts Ltd. ( GBY:SP) [1] Grand Banks Yachts began as American Marine [2], established by Robert J. Newton and his two sons John and Whit Newton. They are regarded as influential in making recreational ...

  11. Grand Banks Yachts

    Grand Banks Yachts is a luxury yacht manufacturer based in Stuart, Florida.The company was founded by Robert J. Newton and his sons in 1956 as American Marine, a custom boat manufacturer that built sailboats and motor yachts. However, the company's inception is often recognised as 1963, when they produced their first signature powerboat model, which came to be known as Grand Banks.

  12. Grand Banks Yachts for sale

    Grand Banks. Grand Banks is a yacht manufacturer that currently has 213 yachts for sale on YachtWorld, including 14 new vessels and 199 used yachts, listed by experienced boat and yacht brokers mainly in the following countries: United States, Netherlands, France, Canada and Spain. The selection of models featured on YachtWorld spans a spectrum ...

  13. PDF Grand Banks

    Spray was launched in 1963 and a year later the Newtons abandoned their custom yacht building to focus on producing the first of a line of boats that would be known as Grand Banks. Even before Spray, however, there was the Chantyman that American Marine built of wood in its Hong Kong yard. Diesel-powered, the 34' 6" boat had a raised pilothouse ...

  14. Discover Grand Banks

    Discover Grand Banks. Welcome to Grand Banks. There are currently five models in our range, all of them display and combination of style, innovation and engineering excellence that deliver unbeatable fuel efficiency, handling and comfort on the water.

  15. Find your boat

    At Grand Banks Yachts, we proudly stand behind every boat that we've built from the moment it hits the water and throughout the vessel's life. That's why if you're looking to purchase a pre-owned Grand Banks Yacht, you've come to the right place. No one knows these boats like we do. Whether you're looking to cast off the lines and ...

  16. Past Models

    Grand Banks 32 Sedan (SE), 1964 - 1979 Grand Banks 36 Classic (CL), 1964 -2004 Grand Banks 36 Europa (EU), 1988 Grand Banks 41 EU, 2009 - 2012 Grand Banks 42 CL, 1975 - 2005 Grand Banks 42 EU, 1979 - 2005 Grand Banks 42 Motor Yacht (MY), 1987 - 2005 Grand Banks 43 EU, 2012 - 2015 Grand Banks 46 EU, 1993 - 2004 Grand Banks 46 CL, 1987 - 2004 Grand Banks 46 MY, 1990 - 2004

  17. Elektrostal

    In 1938, it was granted town status. [citation needed]Administrative and municipal status. Within the framework of administrative divisions, it is incorporated as Elektrostal City Under Oblast Jurisdiction—an administrative unit with the status equal to that of the districts. As a municipal division, Elektrostal City Under Oblast Jurisdiction is incorporated as Elektrostal Urban Okrug.

  18. Moscow Oblast

    Moscow Oblast (Russian: Московская область, romanized: Moskovskaya oblast, IPA: [mɐˈskofskəjə ˈobləsʲtʲ], informally known as Подмосковье, Podmoskovye, IPA: [pədmɐˈskovʲjə]) is a federal subject of Russia (an oblast).With a population of 8,524,665 (2021 Census) living in an area of 44,300 square kilometers (17,100 sq mi), it is one of the most densely ...

  19. Grand Banks 60

    The launch of the GB60 marks the moment when the past caught up with the future - our history of luxury and style was re-imagined with state-of-the-art manufacturing technology. The result is a long-distance cruiser that is the most fuel-efficient in its class, capable of a high cruise speed (80%) of 22 knots and a range of over 2000 nautical ...

  20. Kapotnya District

    A residential and industrial region in the south-east of Mocsow. It was founded on the spot of two villages: Chagino (what is now the Moscow Oil Refinery) and Ryazantsevo (demolished in 1979). in 1960 the town was incorporated into the City of Moscow as a district. Population - 45,000 people (2002). The district is one of the most polluted residential areas in Moscow, due to the Moscow Oil ...

  21. Grand Banks 85

    THE GB85. GRAND BANKS ON A GRAND SCALE! The GB85 is not simply a bigger Grand Banks. True, at 87 feet, this exquisite, long-distance cruiser is the largest yacht we've ever built. But her most impressive statistics are not to be found in her dimensions, but in the best-in-class figures we're recording for her fuel efficiency and range.

  22. Elektrostal Map

    Elektrostal is a city in Moscow Oblast, Russia, located 58 kilometers east of Moscow. Elektrostal has about 158,000 residents. Mapcarta, the open map.

  23. Factsheets

    From this page you can directly download fact sheets for all the models in the Grand Banks range. If you'd like a printed brochure, please use the contact form at this site and give us your address details. GB54. GB60. GB85. Fact Sheets; Newsletter; Search; Inquire Now; GB54. GB60. GB85. EB44. EB60. FACTSHEETS; TESTIMONIALS; NEWSLETTER ...