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Marine Group Boat Works Honored for California Job Creation Over Past 18 Months

New York, NY (November 4, 2013) – San Diego-based Marine Group Boat Works, LLC is featured in the 2nd annual Inc. Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past three years.

“With the highly specialized work we do custom building and refitting boats all year round, it was refreshing to be recognized by an entity outside of our industry,” said Todd Roberts, vice president of Marine Group Boat Works, LLC. “We hope this award will also give credibility and attention to the impact the marine industry has on our economy.”

Marine Group Boat Works generated 56 jobs from January 1, 2012 to June 30, 2013, placing it among the top 20 private business job creators within the consumer products and services industry, also placing it among the top 100 private business job creators in the country.

The Bureau of Labor Statistics reports that only 222,000 full-time jobs were added in 2012— compare those numbers to the honorees of the Inc. magazine’s Hire Power Awards, which created 69,182 jobs between January 1, 2012 and June 30, 2013. The numbers become even more amazing when you look closer—the top job creator, Universal Services of America added 14,240 employees to a workforce of 35,000; second-place Vivint added 1,943 to 6,496 and thirdplace Heartland Dental Care added 1,759 to 4,965. These small to mid-sized companies and other just like Marine Group Boat Works could hold the key to restoring America’s economic vitality.

“For the second year in a row, we are pleased to recognize the employers who are putting Americans back to work for a second time,” says Eric Schurenberg, Editor-in-Chief of Inc. “The Hire Power Awards are the only awards that single out job creators. We think it’s fitting to pay tribute to company founders not just for their business prowess but also for their immense contribution to the welfare of U.S. workers and the vitality of the U.S. economy.”

Marine Group Boat Works is among the 437 private growth companies that are Hire Power Awards honorees, leading the way in creating more American jobs. While the honorees are found across the country in 25 categories, industries with the most Hire Power companies include health, financial services, software, human resources and IT services. States with the most honorees include California, Florida, Texas, Ohio, New York, Massachusetts, Illinois and Utah.

“At Bank of America Merrill Lynch, we understand the vital role of small and mid-sized businesses in the local economy,” said George Smith, head of Business Banking, Bank of America Merrill Lynch. “And we are proud to partner with Inc. to sponsor the Hire Power Awards to recognize these business leaders.”

An award ceremony, sponsored by Bank of America Merrill Lynch, will take place November 12, 2013 in San Francisco.

Eligibility

The Inc. Hire Power Award is for US-based, private companies (both for profit and non-profit). Companies must have been founded in 2011 or earlier and have employed at least 10 full-time US-based employees as of December 31, 2012. Companies must complete the Employee Verification Report. Top award finalists may also be asked to provide their 2012 EEO Employer Information Report.

Award categories include most jobs created in the US, most jobs created by state, most jobs created by industry and highest employee growth percentage,). Companies featured in Inc.’s November issue represent the top tier winners for the Higher Power Award and a complete list of the winners can be found on www.Inc.com.

About Marine Group Boat Works

Marine Group Boat Works, LLC is a family-owned boatbuilding and yacht repair facility with two shipyards in San Diego and one in San Jose del Cabo. It services private, commercial and government boats and has expertise in a wide range of vessels including coastal cruisers, superyachts, sailboats, tugboats, passenger vessels, ferries, barges and military vessels up to 220 feet in length. Specialties include complete refurbishments, hull extensions, full paintwork, ABS- and Lloyd’s class surveys, conversions, engine repowers, custom metal fabrications and more. For more information, visit www.marinegroupbw.com.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.

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