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Formula Powerboats Makes Shortlist for IBI/METSTRADE Production Innovation Award

Formula Powerboats is proud to announce that it is one of three finalists for the IBI/METSTRADE Innovation in a Production Process Award. Sponsored by Whale water systems, this award rewards forward thinking and execution of new, novel means in the boat building process.

Formula’s nomination comes due to a new, unique program with its origins designed to address the desire of owners to have a personalized boating experience. As reported in an IBI News release, “Formula Boats’ new FormulaFlex program, developed to allow each buyer to customize their boat to various degrees with no extra cost, also caught the eye of the judging panel. Further upgrades are also available through its FormulaFlex MyWay program. Formula’s unique approach has required a total revision of production communications, from computer generated instructions on the production ticket to face-to-face encounters between the point of sale and the shop floor, enhanced by the latest in wireless technology.” (read more at

This award was conceived and is being award by International Boat Industry (IBI) magazine, which has reported on the world’s leisure marine market for 45 years, and METSTRADE marine trade show, based in Amsterdam, the only worldwide B2B trade show for the leisure marine segment, in order to recognize individual and team success within the boat building companies globally across six categories of business achievement.

Awards will be presented at a gala dinner on Wednesday, November 18th, 2015, at the National Maritime Museum in Amsterdam, The Netherlands.

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