Twin vee powercats co. announces internal measures to reduce costs while continuing its growth efforts

Fort pierce, fl / accesswire / january 29, 2024 / twin vee powercats co. (nasdaq:veee) ("twin vee" or the "company"), a manufacturer, distributor, and marketer of power sport boats, today announced organizational realignment initiatives intended to streamline the company's size and complexity while leveraging its resources to design and build new boat models and grow its dealer base. as a result of these initiatives, the company expects to reduce overhead costs and rightsize its operations based on demand as it heads into the 2025 model year in a few months.
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