Economic Development in Panama City | Ward Wednesday

Bay County announcement · March 18, 2026

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Opening announcement

Announcement

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An agency official opened by saying they were "excited to share" major economic development news for the community and signaled a company announcement was forthcoming.

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An agency official announced that Canadian electric boat builder Voltari Marine Electric Inc. will redevelop the Queen Craft Shipyard in Panama City into a U.S. manufacturing facility, a $37.5 million project expected to create 285 jobs and include a training partnership with Tom P. Haney Technical College.

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Transcript

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