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Twin Vee Powercats Inc. (TVPC)

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Last Post: 1/17/2018 7:36:39 AM - Followers: 25 - Board type: Free - Posts Today: 1

TWIN VEE POWERCATS
Business Description
  • Twin Vee is the Largest manufacturer in the USA (by volume)
    Twin Vee produced 120+ boats in 2017. 
    Employee 65+ people
    Manufacturing facility can support production of 350+ boats per year.

    Twin Vee ticker symbol: TVPC   
    Catamaran are quickly becoming Mainstream 
     The Boating Industry is evolving from single hull boats to dual hull boats & Twin Vee is perfectly positioned

    Catamaran Boats Offer 
    Better Stability from 2 hulls in the water vs. a single hull boat
    Greater Fuel Efficiency from less drag on the hull
    More Deck Space due to the bow of a Catamaran is wider
    Superior Ride Quality is unparalleled in a PowerCat

 

Twin Vee has consistently proven itself as a Leader in  Power Catamaran Innovation


Twin Vee was originally founded in 1994 with the aim of refining the power catamaran hull to perfection.  Using a distinctive experimental prototyping process, Twin Vee has developed twin hull configurations that slice through waves, wakes and choppy seas cleanly, while maintaining speed and direction.   As we have grown and evolved since that time, we had the following key milestones in the development of our business:

  • -list of milestones that the company hit through its history 
    -founded in 1994 in Miami Florida 
    -1994-1997 designed and produced small lake and bay boats from 10’ to 16’
    -1998 moved to Port St Lucie , Florida 
    -1998 introduced 1st  22’ offshore OceanCat  
    -2000 introduced 1st  26’ offshore Oceancat 
    -2002 Introduced largest power catamaran  in marketplace  32’ offshore OceanCat
    -2003 company built new facility in Fort Pierce, Florida (current existing location) 
    -2004 Twin Vee was sold to Stonehenge Capital
    -2004 designs and introduces the largest recreational PowerCat 36’ center console
    -2005 the Company had a record of 40 new Dealers 
    -2005 Twin Vee  produced 700 boats for the year year (approx. 3 boats per day) 
    2007 Greatest Financial Recession since the Great Depression , approx. 70% of all boat manufactures closed or went into hibernation. 
    -2008 filed for re-organization
    -2010 Twin Vee reopened its doors and began doing business with a few dealers and 10 employees
    -2012 –acquires rights for the 35’ Mamba Hydrofoil Hysucat 
    -2013 10 dealers and sales increasing to 50 boats per year, no marketing 
    2015- finished year with 68 boats produced, 8 small dealers and $5.1 mil in sales, no marketing, no brochures. 
    -January 2016 Twin Vee acquired by Joseph C Visconti
    -April 2016-  began overhauling the factory, manufacturing process' and modernizing the Plant 
    -2016-2017 Visconti invested $1.8 million into factory modifications, updates, New tooling, new molds, CNC machines, technology, marketing, dealer Development 
    - 11/2016-  Twin Vee Installed a 120-foot Overhead crane to lift and move molds, hulls, caps, large boat parts through the lamination department, saving time, creating efficiencies and a safer work place
    -july 2016-  1st CNC 3 axis purchased, CNC department set up and Company begins to design and manufacture its own small parts. 
    -February 2016 2nd CNC purchased, Rotary CNC, used to cut all upholstery and fiberglass sheets, offering exact sizing of material to perfect the build process of a boat that requires cemetery and balance. 
    -November 2016 – Company re-introduces the best-selling OceanCat 260- rebranded as the 260 SE, 260 TE, 260 Exuma 
    -March 2017, Company purchased an industrial grade 35-foot overhead five-axis computer numerical control (“CNC”) router to manufacture high quality plugs and molds to help bring new boats to market  in less time, better efficiencies and dramatic costs savings. 
    September 2017, Twin Vee announces its new line of GF or  “Go Fish”, center console boats, appealing to a larger demographic of people that fish recreational and professionally. 
    -May , 2017 Twin Vee hires Dan Mielke, Naval Architect  to design a series of New Offshore PowerCats, starting with the New 23' CC "center console" and the 23 DC "dual console" OceanCats
    -September 2017, Twin Vee announced that it posted a 76% increase in revenue compared to the same quarter the previous year.  
    -November 2017, Twin Vee announces its partnership with Dr. Guy Harvey and Guy Harvey Magazine to create the “Ultimate Green Fishing Machine”, recognizing Twin Vee’s boats are environmentally-friendly and the best option in fishing on the market today.  
    -December 2017, Company has record backlog of 48 boats, including a (10) boat order for $1.7 Mill from a single dealer. 
    December 2017, Company should finish year with approx. $7.8 mil in revenue and produced over 120 boats. 

 

Contact Info
  • Twin Vee PowerCats
    3101 South US-1
    Fort Pierce, Fl. 34983
     
  • Website:    http://www.twinvee.com/  
    Facebook: https://www.facebook.com/TwinVeeCat/
    Phone: 772-429-2525
    Email: contact@twinvee.com
Company Officers
Joseph Visconti CEO, President-twitter: http://twitter.com/#!/Josephvisconti
 
David Brooks Acting CFO
Company Directors
Joseph Visconti Chairman
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PostSubject
#1286  Sticky Note NEW NEWS !!!!! This sounds really interesting IMO Mitch V1 01/17/18 07:36:38 AM
#1286   NEW NEWS !!!!! This sounds really interesting IMO Mitch V1 01/17/18 07:36:38 AM
#1285   Look's like its going to run lots of nbketz4 01/12/18 10:08:26 AM
#1284   It desperately wants to run C-Money365 01/12/18 09:53:10 AM
#1283   Let's goooooooooooooooo!!! No dilution, LOW FLOAT-this can run nbketz4 01/12/18 09:46:48 AM
#1282   The Float on this thing is amazing C-Money365 01/11/18 09:38:15 AM
#1281   https://www.accesswire.com/485578/Blockchain-Technology-Offers-Solution-for-Nati Mitch V1 01/10/18 04:28:37 PM
#1280   She ever get quiet. Cheeky 01/10/18 02:33:56 PM
#1279   I agree StockStarGucci 01/10/18 12:39:42 PM
#1278   Great Mitch, thanks! gwat1979 01/10/18 12:32:51 PM
#1277   Interesting Morning ! Mitch V1 01/10/18 12:30:41 PM
#1276   WORKING ON UPDATING THIS BOARD!! Mitch V1 01/10/18 12:29:53 PM
#1275   consolidated, now ready for next leg here imo~ gwat1979 01/10/18 12:23:15 PM
#1274   Looking great StockStarGucci 01/10/18 12:22:13 PM
#1273   Float almost traded. Get prepared for the runnnnnnnnnn C-Money365 01/10/18 11:55:56 AM
#1272   Good movement so fad StockStarGucci 01/10/18 11:54:43 AM
#1271   Blockchain Technology Offers Solution for National Database and Cheeky 01/10/18 11:53:23 AM
#1270   Buying All I can at this level C-Money365 01/10/18 11:41:27 AM
#1269   Nice try this is a block chain ledger, nbketz4 01/10/18 11:38:54 AM
#1268   The Cryptocurrency Crackdown MazelTov 01/10/18 11:33:32 AM
#1267   HUGE NEWS OUT >> Blockchain Technology Offers Solution Cheeky 01/10/18 11:21:29 AM
#1266   Yes, congrats! Perk71 01/05/18 02:40:26 PM
#1265   Sound good. Thanks nbketz4 01/05/18 01:52:10 PM
#1264   Thank you Nbketz4! I will continue to gather Mitch V1 01/05/18 01:49:11 PM
#1263   You can also make one of your post nbketz4 01/05/18 01:29:49 PM
#1262   Hi, congrats on being a moderator for this nbketz4 01/05/18 01:27:41 PM
#1261   Thanks Mitch Perk71 01/05/18 11:51:00 AM
#1260   Here is some other recent news I found Mitch V1 01/05/18 11:48:28 AM
#1259   https://www.accesswire.com/485392/Blockchain-Technology-for-the-Marine-Industry Mitch V1 01/05/18 11:44:45 AM
#1258   welcome! This is a good one! Mitch V1 01/05/18 11:13:22 AM
#1257   welcome! This is a good one! Mitch V1 01/05/18 11:13:02 AM
#1256   Welcome! you've found a gem here imo! gwat1979 01/05/18 09:39:56 AM
#1255   Looking good Perk71 01/05/18 09:38:16 AM
#1254   I'm here today after seeing news and this Perk71 01/05/18 08:54:49 AM
#1253   Is anyone one here? Mitch V1 12/27/17 09:17:47 AM
#1252   Anyone following this board? Mitch V1 12/27/17 09:06:33 AM
#1251   Thanks for the info.. May do that. Mitch V1 12/05/17 08:56:11 AM
#1250   You're right. If you post a few times nbketz4 12/04/17 02:53:24 PM
#1249   This board needs a mod!! This is not Mitch V1 12/04/17 02:31:19 PM
#1248   Quarterly Filling $5.1m revenues, $19k net profit,very good financials: nbketz4 11/17/17 02:02:44 PM
#1247   Nice news-like the direction of this-the next TESLA nbketz4 09/27/17 10:57:35 AM
#1246   News out!: nbketz4 09/06/17 09:22:51 AM
#1245   New video commercial posted on twitter: nbketz4 07/10/17 11:59:41 AM
#1244   Check out the new line-up-very nice: nbketz4 06/21/17 12:32:22 PM
#1243   You gotta see this! nbketz4 06/14/17 09:35:22 AM
#1242   Filing are out. nbketz4 06/07/17 11:12:44 AM
#1241   Thanks nbketz4 06/02/17 09:24:15 AM
#1240   A bright future for TVPC I believe, welcome aboard~ gwat1979 06/01/17 07:43:48 PM
#1239   Hi came across this stock today and checked nbketz4 05/30/17 09:03:17 PM
#1238   TVPC has been moving pretty nicely lately~ gwat1979 05/30/17 11:20:54 AM
#1237   TVPC showing lots of promise. New update on gwat1979 08/02/16 09:14:14 PM
PostSubject