Vision Marine Technologies announced Tuesday it has completed consolidation of tender-rigging operations at its Fort Lauderdale marina location. The company also announced a pending sale of its Palm City property.

The marine technology company moved its tender operations from Palm City to Fort Lauderdale as part of the consolidation. The Palm City facility is now under contract for sale.

Vision Marine Technologies specializes in electric marine propulsion systems and boat manufacturing. The operational consolidation represents a restructuring of the company's South Florida facilities.