2009 Press Releases
Grand Banks Announces New Sales Office in Australia
Grand Banks Australia Opens in Queensland, Sets its Sights on 2009 Sydney Show

SINGAPORE – June 26, 2009 – In a move to strengthen its growing presence in Australia, Grand Banks Yachts today announced the opening of a new sales office to manage distribution, service work and customer support for owners and new buyers across the region.

Grand Banks Australia, based along the Gold Coast in southeast Queensland, brings to the market a highly qualified team with many years of factory experience and in-depth product expertise. At the helm is Hank Compton, a former factory manager for Grand Banks Yachts and more recently the company's sales manager in this region. Hank and his sales team are backed by a service crew that boasts more experience in servicing the current GB model range than anyone else in Australia.

"Grand Banks is very excited to have Hank Compton leading the charge for us in Australia," said company President and CEO Rob Livingston. "We are constantly looking to raise the level of customer care and support in our sales network, and Hank has the passion, the people and the resources we need to do just that. I think owners will be very pleased with what this team will bring to their experience here."

Grand Banks Australia is already preparing for this year's Sydney International Boat Show, with a display that will feature the highly-acclaimed new 41 Heritage EU. Equipped with the Zeus propulsion system and joystick docking control, the 41EU offers an unmatched combination of swift performance, sophisticated styling, and the meticulous quality and craftsmanship people have come to expect from Grand Banks.

The appointment of Grand Banks Australia is part of the company's decision to part ways with Riviera's R Marine network as its authorized distributor in Australia. Riviera recently announced plans to restructure its business to better deal with the current economic climate.

"Our relationship with Riviera has been a good and positive one," said Mr. Livingston. "They have contributed to our growth in this region, and we wish them nothing but the best as they move forward."

At a time when many boatbuilders are cutting operations and distribution, Grand Banks Yachts continues to show strength by growing its global footprint. In addition to the new sales office in Australia, the company recently appointed two new dealers along the Asia Pacific Rim, in Hong Kong and South Korea. Grand Banks was also recently named "Best Asian Motor Yacht Builder" for the second year in a row at Asia Boating Awards.

Customers interested in a new GB model or service support can reach Grand Banks Australia by phone at +61 (0) 423 862 264 - or find information about the complete Grand Banks sales and service network at www.grandbanks.com.

About Grand Banks - Since 1956, Grand Banks Yachts, Ltd. has built yachts of superior quality that have become industry hallmarks and earned a loyal following around the world. Renowned for their handmade craftsmanship, distinctive good looks, and tried and true all-weather capabilities, Grand Banks yachts continue to be the choice of discerning boaters today. Learn more about the company and its Heritage, Eastbay, and Aleutian series yachts at grandbanks.com.

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