Articles from Twin Vee PowerCats Co.

Twin Vee PowerCats and Wholly-Owned EV Subsidiary Forza X1 Make Joint Announcement with North Carolina Governor Roy Cooper to Build Large Scale Electric Boat Factory in McDowell County, NC
FORT PIERCE, FL / ACCESSWIRE / July 29, 2022 / During a press conference yesterday with North Carolina Governor Roy Cooper, Twin Vee PowerCats, Co. (NASDAQVEEE) ("Twin Vee" or the "Company"), announced that Forza X1, Inc. ("Forza X1"), Twin Vee's wholly-owned EV subsidiary, would obtain incentives from the North Carolina Department of Commerce and the McDowell County local government to establish its electric boat manufacturing operations in McDowell County, North Carolina. Jim Leffew, President and CEO of Forza X1, lead the efforts with state and local entities, which resulted in selecting the site in McDowell County.
By Twin Vee PowerCats Co. · Via AccessWire · July 29, 2022
Twin Vee PowerCats Co. Launches Production of Two New Models: The All-New 400 GFX and 260 GFX
FORT PIERCE, FL / ACCESSWIRE / July 12, 2022 / Twin Vee PowerCats Co. (NASDAQVEEE) ("Twin Vee" or the "Company"), a designer, manufacturer, distributor, and marketer of power sport catamaran boats, today announced that its all-new, all-composite, 26-foot Go Fish X (GFX) center console and 40-foot center console GFX sport boats are now in full production and have officially been added to the Company's expanding model line.
By Twin Vee PowerCats Co. · Via AccessWire · July 12, 2022
Twin Vee PowerCats Co.'s Board of Directors Appoints Kevin Schuyler as Newest Director
FORT PIERCE, FL / ACCESSWIRE / July 7, 2022 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer, distributor, and marketer of power sport catamaran boats, today announced that Kevin Schuyler was appointed to its Board of Directors on July 6, 2022. He replaces Steven Shallcross, who stepped down on June 30th.
By Twin Vee PowerCats Co. · Via AccessWire · July 7, 2022
Twin Vee PowerCats Co. Reports a 83% Increase in Revenue for First Quarter of 2022
FORT PIERCE, FL / ACCESSWIRE / May 12, 2022 / Twin Vee PowerCats Co. (NASDAQVEEE) ("Twin Vee" or the "Company"), a designer, manufacturer, distributor, and marketer of power sport catamaran boats, today reported operational highlights and financial results for the three months ended March 31, 2022. "We are pleased to report an 83% increase in net revenue for the three months ended March 31, 2022, compared to 2021," said Joseph Visconti, CEO of
By Twin Vee PowerCats Co. · Via AccessWire · May 12, 2022
Twin Vee PowerCatsCo. to Hold First Quarter 2022 Earnings Call on May 12
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By Twin Vee PowerCats Co. · Via AccessWire · May 5, 2022
Twin Vee Powercats Co. Reports a 43% Increase in Revenue for the Year Ended December 31, 2021
FORT PIERCE, FL / ACCESSWIRE / March 30, 2022 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer, distributor, and marketer of recreational and commercial power catamaran boats, today reported operational highlights and financial results for the year ended December 31, 2021. "We are pleased to report a 43% increase in top line revenue for the year ended December 31, 2021, compared to 2020, and continue
By Twin Vee PowerCats Co. · Via AccessWire · March 30, 2022
Twin Vee PowerCats Co. to Host Fourth Quarter 2021 Earnings Call on March 30
FORT PIERCE, FL / ACCESSWIRE / March 24, 2022 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, will host a conference call and audio webcast on Wednesday, March 30, 2022, at 4:00 p.m. (Eastern Time) to discuss and answer questions about the Company's operational and financial highlights for the fourth quarter of 2021. Financial results will be issued in a
By Twin Vee PowerCats Co. · Via AccessWire · March 24, 2022
Twin Vee PowerCats will Showcase Its New 340 GFX and 280 GFX at the Miami Boat Show February 16 - 20
FORT PIERCE, FL / ACCESSWIRE / February 9, 2022 / Twin Vee PowerCats, Co. (NASDAQVEEE) ("Twin Vee" or the "Company"), is set to attend the Discover Boating Miami International Boat Show from February 16 - 20, 2022 at the Sea Isle Marina & Yachting Center located at 1635 N Bayshore Dr, Miami, FL 33132, located at the end of Pier 2 in the Suzuki Marine slips. There, Twin Vee will be displaying two of its latest Go Fish X (GFX) models: the 340
By Twin Vee PowerCats Co. · Via AccessWire · February 9, 2022
Twin Vee PowerCats Wholly Owned Subsidiary Forza X1 and American Battery Solutions Sign a 5-year Agreement to Supply Forza X1’s New Electric Boats with High-Powered, Lithium-ion Battery Packs
FORT PIERCE, FL / ACCESSWIRE / January 10, 2022 / Twin Vee PowerCats, Co. (NASDAQVEEE) ("Twin Vee" or the "Company"), announced that Forza X1, Inc. ("Forza X1"), the Company's wholly-owned EV subsidiary, has signed a five-year supply agreement with Michigan-based company American Battery Solutions ("ABS") for production-grade, 52 kWh, high-powered lithium-ion batteries that will be used to power Forza X1's electric boats. ABS is a team of
By Twin Vee PowerCats Co. · Via AccessWire · January 10, 2022
Twin Vee PowerCats EV Subsidiary Forza X1 Releases Initial Design Images of 100% Electric Boat the FX1
FORT PIERCE, FL / ACCESSWIRE / December 13, 2021 / Forza X1, Inc. ("Forza X1"), a wholly-owned EV subsidiary of Twin Vee PowerCats, Co. (NASDAQVEEE) ( "Twin Vee" or the "Company"), today released renderings of its first all-electric vehicle, to be named the ‘FX1'. "We are excited to share our current designs for our debut FX1 model with boat enthusiasts and those interested in purchasing a fully electric recreational boat," says Joseph
By Twin Vee PowerCats Co. · Via AccessWire · December 13, 2021
Twin Vee PowerCats Co. Reports a 65% Increase in Revenue for the Third Quarter
FORT PIERCE, FL / ACCESSWIRE / November 15, 2021 / Twin Vee PowerCats Co. (NASDAQVEEE), ("Twin Vee" or the "Company") a designer, manufacturer, distributor, and marketer of recreational and commercial power catamaran boats, today reported operational highlights and financial results for the third quarter of fiscal 2021. We are reporting a 65% increase in top line revenue for the third quarter 2021 compared to the third quarter 2020 and are
By Twin Vee PowerCats Co. · Via AccessWire · November 15, 2021
Twin Vee PowerCats Co. to Host Third Quarter 2021 Earnings Call on November 15
FORT PIERCE, FL / ACCESSWIRE / November 10, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, will host a conference call and audio webcast on Monday, November 15, 2021, at 4:30 p.m. (Eastern Time) to discuss and answer questions about the Company's operational and financial highlights for the third quarter of 2021. Financial results will be issued in
By Twin Vee PowerCats Co. · Via AccessWire · November 10, 2021
Bard D. Rockenbach Joins Twin Vee PowerCats Co.'s Board of Directors
FORT PIERCE, FL / ACCESSWIRE / November 9, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, today announced that West Palm Beach attorney Bard D. Rockenbach has been appointed to its board of directors. Rockenbach brings to the board an extensive legal background, having been a practicing attorney for 33 years. Since January 2005, he has been the
By Twin Vee PowerCats Co. · Via AccessWire · November 9, 2021
Twin Vee Successfully Sea Trials 28-Foot Electric Boat and Announces New EV Brand 'Forza X1'
FORT PIERCE, FL / ACCESSWIRE / November 5, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee", "our" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, today announced successful sea trials for its 28-foot electric-powered catamaran (280 Electric Video). "We believe our dedicated design and engineering of our proprietary controller will be a game-changer when it comes to maximizing battery power and run
By Twin Vee PowerCats Co. · Via AccessWire · November 5, 2021
Twin Vee Developing 260 GFX for Estimated $1.32 Billion Market
FORT PIERCE, FL / ACCESSWIRE / October 26, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, today announced that it is designing a new 26 foot GFX sport boat to add to the Company's expanding model line. Twin Vee released several renderings of what the 260 GFX may look like once it is available. The Company, along with the marine industry as a
By Twin Vee PowerCats Co. · Via AccessWire · October 26, 2021
Twin Vee's Newest GFX Models will be on Display at Fort Lauderdale International Boat Show October 27-31
FORT PIERCE, FL / ACCESSWIRE / October 22, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, today announced that it will unveil its newest and largest Go Fish X (GFX) model at the Fort Lauderdale International Boat Show, which runs from October 27th to 31st. "My team and I are thrilled to finally be able to debut the all-new 340 GFX at the Fort
By Twin Vee PowerCats Co. · Via AccessWire · October 22, 2021
Twin Vee PowerCats Plans to Launch "Fix My Boat", the First Nationally Branded Mobile Marine Service Company
FORT PIERCE, FL / ACCESSWIRE / October 18, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, today unveiled Fix My Boat, a 100% wholly-owned subsidiary. Fix My Boat, Inc. intends to be the first nationally branded, mobile marine service company utilizing a franchising model for marine mechanics across the country. "Fix My Boat plans to offer a
By Twin Vee PowerCats Co. · Via AccessWire · October 18, 2021
Twin Vee PowerCats Signs Land Purchase Agreement to Expand Boat Production Capacity
FORT PIERCE, FL / ACCESSWIRE / October 13, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a manufacturer of recreational and commercial power catamaran boats, announced today that it has signed a land purchase agreement giving it the right to acquire a 14.5-acre parcel near the waterfront in Fort Pierce, Florida. The terms of the agreement grant Twin Vee a 60-day due diligence period that ends on December 6. The
By Twin Vee PowerCats Co. · Via AccessWire · October 13, 2021
Twin Vee PowerCats Co. Appoints New Chief Financial Officer
FORT PIERCE, FL / ACCESSWIRE / October 1, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company") a designer, manufacturer and marketer of recreational and commercial power catamaran boats, today announced the appointment of Carrie Gunnerson as its Chief Financial Officer, effective October 1, 2021. Gunnerson succeeds Donna Barnett, who will continue on a part-time basis to ensure an orderly transition. Gunnerson comes to
By Twin Vee PowerCats Co. · Via AccessWire · October 1, 2021
Twin Vee PowerCats Co. Announces Growing Dealer Demand
FORT PIERCE, FL / ACCESSWIRE / September 9, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), (‘Twin Vee' or the ‘Company') a designer, manufacturer, and marketer of recreational and commercial power catamaran boats, today announced that the Company continues to experience a strong demand for its boats. In addition to signed customer sales orders that have been placed with Twin Vee through the Company's network of Twin Vee dealers, the
By Twin Vee PowerCats Co. · Via AccessWire · September 9, 2021
Twin Vee PowerCats Reports Second Quarter 2021 Operational Highlights and Financial Results
FORT PIERCE, FL / ACCESSWIRE / August 24, 2021 / Twin Vee PowerCats Co. (NASDAQVEEE), ("Twin Vee" or the "Company") a designer, manufacturer, distributor, and marketer of recreational and commercial power catamaran boats, today reported operational highlights and financial results for the second quarter of fiscal 2021. "We are excited to close out the first half of the year on a positive note, reporting a 92% increase in our second quarter
By Twin Vee PowerCats Co. · Via AccessWire · August 24, 2021
CORRECTION: Twin Vee PowerCats Co. to Host Second Quarter 2021 Earnings Call on August 24
FORT PIERCE, FL / ACCESSWIRE / August 23, 2021 / Twin Vee PowerCats Co. (NASDAQVEEE), ("Twin Vee" or the "Company") a designer, manufacturer, distributor, and marketer of recreational and commercial power catamaran boats, will host a conference call and audio webcast on Tuesday, August 24, 2021, at 10:00 a.m. (ET) to discuss and answer questions about the Company's operational and financial highlights for the second quarter of 2021. Financial
By Twin Vee PowerCats Co. · Via AccessWire · August 23, 2021
Twin Vee PowerCats Co. to Host Second Quarter 2021 Earnings Call on August 24
FORT PIERCE, FL / ACCESSWIRE / August 20, 2021 / Twin Vee PowerCats Co. (NASDAQVEEE), ("Twin Vee" or the "Company") a designer, manufacturer, distributor, and marketer of recreational and commercial power catamaran boats, will host a conference call and audio webcast on Tuesday, August 24, 2021, at 10:00 a.m. (ET) to discuss and answer questions about the Company's operational and financial highlights for the second quarter of 2021. Financial
By Twin Vee PowerCats Co. · Via AccessWire · August 20, 2021
Twin Vee PowerCats Co. Featured in Most Recent Episode of boats.com's Factory Friday Series
FT. PIERCE, FL / ACCESSWIRE / August 9, 2021 / Twin Vee PowerCats, Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a designer, manufacturer, and marketer of recreational and commercial power catamaran boats, announced today that it was featured in the most recent episode of "Factory Fridays," which premiered on August 6, 2021 on its YouTube channel. Produced by boats.com, a leading boating authority for boat shoppers and owners, Factory Fridays
By Twin Vee PowerCats Co. · Via AccessWire · August 9, 2021
Rudow's FishTalk Magazine Reviews Twin Vee 280 CC GFX in August 2021 Issue
FT. PIERCE, FL / ACCESSWIRE / August 3, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ("Twin Vee" or the "Company"), a designer, manufacturer, and marketer of recreational and commercial power catamaran boats, announced today that a review of Twin Vee's 280 Center Console GFX is featured in the August 2021 issue of the magazine Rudow's FishTalk . In his review, Lenny Rudow discusses his experience with the 280 CC GFX, supplementing the tour he
By Twin Vee PowerCats Co. · Via AccessWire · August 3, 2021
Twin Vee PowerCats Co. Commences Production of New 340 GFX Boat
FORT PIERCE, FL / ACCESSWIRE / July 29, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), (‘Twin Vee" or the "Company") a designer, manufacturer, and marketer of recreational and commercial power catamaran boats, today announced that the Company has commenced production of its new 340 GFX model boat. The 340 GFX is the first of two new larger models Twin Vee plans to bring to market. At 34-feet in overall length and an 11-foot draft, the 340
By Twin Vee PowerCats Co. · Via AccessWire · July 29, 2021
Twin Vee PowerCats Co. Announces Closing of Initial Public Offering
FORT PIERCE, FL / ACCESSWIRE / July 23, 2021 / Twin Vee PowerCats Co. (NASDAQVEEE), ("Twin Vee" or the "Company") a designer, manufacturer and marketer of recreational and commercial power catamaran boats, today announced the closing of its initial public offering of 3,000,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of $18,000,000, before deducting underwriting discounts and offering expenses.
By Twin Vee PowerCats Co. · Via AccessWire · July 23, 2021
Twin Vee PowerCats Co. Announces Pricing of Initial Public Offering
FORT PIERCE, FL / ACCESSWIRE / July 20, 2021 / Twin Vee PowerCats, Co. (NASDAQVEEE), ('Twin Vee' or the 'Company') a designer, manufacturer and marketer of recreational and commercial power catamaran boats, today announced the pricing of its initial public offering of 3,000,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of $18,000,000, before deducting underwriting discounts and offering
By Twin Vee PowerCats Co. · Via AccessWire · July 20, 2021