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Is Palmer Johnson Yachts Still In Business?

Luxury boat builder Palmer Johnson Yachts of Sturgeon Bay is closing its American facility in Sturgeon Bay, resulting in the termination of over 100 jobs. The company, located in the Great Lakes region of Sturgeon Bay, Wisconsin, constructs high-end yachts. The closure comes just weeks after Palmer Johnson announced it would close its doors in the US to move its operations to Europe. The company spun off a company named Palmer Johnson Distributors in 1977, which was later renamed Palmer Johnson Power Systems and is now based in Sun Prairie.

Palmer Johnson Yachts is the premier designer and builder of sportyachts and super yachts in Europe and the USA. In 2015, it was announced that the Sturgeon Bay shipyard would be closed and sold after delivery of its last boat. Since 2017, Palmer Johnson has been disappointed and saddened by this business closing, but realizes there is no alternative. The company produces minimalist yachts, motor superyachts, and is also active in the superyacht market.

In a statement released on September 2, Timur Mohamed, owner of the Palmer Johnson shipyard, announced the cessation of operations at the Sturgeon Bay, Wisconsin facility. The closure of operations will bring the loss of around 110 jobs from the area.

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Is Palmer Johnson Yachts Still In Business?

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Is Palmer Johnson Yachts Still In Business?

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where are palmer johnson yachts built

Debbie Green

I am a school teacher who was bitten by the travel bug many decades ago. My husband Billy has come along for the ride and now shares my dream to travel the world with our three children.The kids Pollyanna, 13, Cooper, 12 and Tommy 9 are in love with plane trips (thank goodness) and discovering new places, experiences and of course Disneyland.

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PALMER JOHNSON Yachts – Operating Since 1918

Palmer Johnson is one of the iconic yacht builders to emerge from the Americas. The company is located in the Great Lakes region in Sturgeon Bay, Wisconsin.

The company constructs high-end performance yachts up to 81.4m, with showrooms in Fort Lauderdale and Monaco.

Once highly regarded, they built famous vessels, such as the Fortuna for the King of Spain, and the Turmoil, an explorer vessel that sailed the globe three times. 

:Palmer Johnson
Hans Johnson and Herman Gmack
1918
Monaco
Timur Mohamed

PALMER yachts history

In 1918, Hans Johnson and Herman Gmack founded Palmer Johnson under the original name Sturgeon Bay Boat Works.

The boatyard specialized in repairing rowing boats and commercial fishing vessels in the 1920s.

In 1928, they launched their first wooden yacht and became known for building high-end wooden sailing yachts. Hans’ son, Palmer Johnson, takes over the company in the same year.

As with many companies with a 100-year history, Palmer Johnson went through hard times and prosperous times.

The WWII period was a particularly good time for business for Palmer Johnson as they built over forty 45-foot air-sea rescue boats and four “T” class freighters.

In 1956, the shipbuilding company was sold and renamed after the founder’s son, Palmer Johnson.

Throughout the 1960s and into the next four decades, Palmer Johnson was at the forefront of innovative yacht construction using aluminum. 

The company delivered FIREBIRD just a few short years after this shift to aluminum yacht construction. FIREBIRD was the world’s largest aluminum sailing yacht at the time of her launch, a 25.6m ketch.

FORTUNA soon surpassed this record in 1979. FORTUNA was King Juan Carlos of Spain’s 30.5m yacht.

FORTUNA held the title of the fastest yacht globally for over a decade as she could reach the incredible top speed of 46 knots, which was unheard of at the time.

Celebrating its 80th anniversary, Palmer Johnson launched LA BARONESSA, a 59.5m all-aluminum yacht, the largest in the USA, in 1998.

In 2003, Timur Mohamed bought the stagnant Palmer Johnson Yachts after purchasing his 120-foot yacht, the Cover Drive, from the shipbuilders.

The English businessman purchased it as the company had experienced several unproductive years.

In 2004, the company burst back onto the shipbuilding scene when it introduced its popular SportYacht series under its new owner’s direction.

The series featured exterior and interior designs from Nuvolari Lenard, the major yacht design company renowned worldwide.

In 2012, Palmer Johnson introduced the new carbon-fiber SuperSport performance. The SuperSport was a new carbon fiber performance model.

Unfortunately, this series was launched in a different economic climate and didn’t reach the success of their SportYacht series. 

Notable launches

Palmer Johnson has several other notable launches besides its most iconic launches like the FORTUNA and LA BARONESSA.

In 2007, the 41.5m PJ 135 SportYacht Dragon was launched. The superyacht rose to international acclaim with a maximum speed of 30 knots. 

Although Palmer Johnson struggled to keep traction in the yacht market after 2012, an ongoing project in partnership with Bugatti is a point of interest for yacht fans.

A contract for thirty of the new PJ 48 Niniette and PJ 63 Niniette Open Sport series yachts has been signed, which amounts to EUR 40M for the yacht building company.

Palmer Johnson has a rich history in yacht building, with over 100 years of innovative yacht building that will hopefully continue with the new Niniette model.

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COMMENTS

  1. Sturgeon Bay Boat Works Palmer Johnson

    PALMER JOHNSON YACHTS. Sturgeon Bay WI. Most recent update: June 7, 2019. The Palmer Johnson yard was established in 1918 as Johnson and Gmack, to build fishing vessels. Hans Johnson bought out Herman Gmack after World War One and changed the …

  2. List of yachts built by Palmer Johnson

    Palmer Johnson recently signed a contract to build 30 of their new PJ …

  3. Palmer Johnson (USA)

    The Palmer Johnson yard, located in Sturgeon Bay, WI, has a long a illustrious …

  4. Palmer Johnson

    The Palmer Johnson yard, located in Sturgeon Bay, WI, has a long a illustrious history of building mostly large custom yachts. Founded by Hans Johnson and Herman Gmack, it was originally …

  5. Is Palmer Johnson Yachts Still In Business?

    Luxury boat builder Palmer Johnson Yachts of Sturgeon Bay is closing its American facility in Sturgeon Bay, resulting in the termination of over 100 jobs. The company, located in …

  6. Palmer Johnson

    Located in America’s Great Lakes region in Sturgeon Bay, Wisconsin, with showrooms in Fort Lauderdale and Monaco, luxury yacht builder Palmer Johnson constructs high performance superyachts up to 81.4 metres in length.

  7. Palmer Johnson Yachts

    Palmer Johnson is the premier designer and builder of sportyachts and super yachts in Europe and the USA.

  8. PALMER JOHNSON Yachts

    Palmer Johnson is one of the iconic yacht builders to emerge from the Americas. The company is located in the Great Lakes region in Sturgeon Bay, Wisconsin. The company constructs high-end performance yachts up to …