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Bay County Approves $12.8M Grant for Electric Boat Project

10/25/2025

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Summary

Story summary

The Triumph Board in Bay County, Florida, approved a $12.8 million grant for Project Kilowatt, a Canadian marine manufacturing company focused on electric propulsion boats.
This project is projected to create 285 jobs with an average salary of $77,000 and will involve a total investment of about $37.6 million.
The company will set up its headquarters and manufacturing facilities on an 11.55-acre waterfront property.
The Triumph Board is also negotiating a $6.9 million grant for the Gulf County School District to improve digital tools and technology education.

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Story summary

The Triumph Board in Bay County, Florida, approved a $12.8 million grant for Project Kilowatt, a Canadian marine manufacturing company focused on electric propulsion boats.
This project is projected to create 285 jobs with an average salary of $77,000 and will involve a total investment of about $37.6 million.
The company will set up its headquarters and manufacturing facilities on an 11.55-acre waterfront property.
The Triumph Board is also negotiating a $6.9 million grant for the Gulf County School District to improve digital tools and technology education.