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Treasure Coast business: Forced to evict struggling Twin Vee, ex-owner mulls return to boat craft

Monday, January 26th, 2009 by Post Staff

By EVE SAMPLES

Behind on its bills, boat-maker Twin Vee has been kicked out of its Fort Pierce headquarters, and the company’s ex-owner is mulling a return to the boat-building business.

Roger Dunshee, who founded Twin Vee in the mid-1980s and still owns the building where the company was operating, got a court order Jan. 12 to evict his former company. The firm, which made power catamarans, owed about $150,000 in rent and taxes, Dunshee said.

Dunshee sold most of his stake in Twin Vee five years ago to Stonehenge Capital Company LLC in Tampa. At the time, the boat-maker employed about 100 workers.

Dunshee put the 80,000-square-foot building at U.S. 1 and Edwards Road on the market last week. He wants to lease the building for $4 a square foot, but selling the 7.3-acre property also is an option. He’s asking $4 million.

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