2011 Press Releases
Grand Banks Announces Two New Models at Yacht and Brokerage Show in Miami Beach
Restyled and Revitalized 50 Eastbay and New 43 Heritage EU Both Feature Pod Drive Propulsion

MIAMI – February 16, 2012 – Grand Banks Yachts today kicked off the Yacht and Brokerage Show in Miami Beach with the announcement of two new models and news of strong sales going into this year's event.

The all-new 50 Eastbay is the company's latest addition to its "Down East" series of luxury performance motoryachts, and will be available in both salon-express and flybridge versions. The assertive, fluid lines of the 50 Eastbay and its dynamic new profile represent an exciting evolution in style for the entire series. Also notable is the graceful and open flow between the salon and cockpit, facilitated by a deckhouse that opens almost completely between the two areas.

The 50 Eastbay's arresting new look is complemented by a new pod drive propulsion system that offers improved handling, precision joystick control, better fuel economy and a host of other benefits to owners.

"In 1993, Grand Banks launched the Eastbay Series and pioneered the modern interpretation of the lobster boat as a stylish and powerful Down East cruiser," said David Hensel, director of brand and marketing at Grand Banks. "Now for 2012, the 50 Eastbay brings a striking new blend of grace, beauty and outstanding performance to a strong and growing segment. We're very excited to be introducing this model here in Miami."

Grand Banks also announced a new addition to its Heritage Series on the opening day of the show. The 43 Heritage EU follows in the footsteps of the extremely successful 41EU, a groundbreaking model that introduced pod drive propulsion to the trawler yacht category. The 43EU features a larger cockpit with increased storage, and the addition of a second head to its two-stateroom layout - plus a larger master cabin, bigger flybridge and a number of other enhancements both inside and out.

The announcement of these two new yachts comes at a time of surging sales for Grand Banks. Over a period of less than ninety days the company has captured approximately US$15 million in new sales of its Heritage, Eastbay and Aleutian models across markets worldwide.

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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