ACB Unveils Expansion Plans

Monday, July 30, 2007
Aluminum Chambered Boats (ACB) signed a Letter of Intent (LOI) with Jansen Inc. to have a new manufacturing facility built in Ferndale, Wash. Jansen Inc. will provide ACB with a turn-key 190,000 sq ft manufacturing facility plus a separate 10,000 sq ft. general office building on the I-5 Industrial Center property in Ferndale. The new facility will allow ACB to increase their annual production capacity to 400 boats to meet the current and future demands of their growing recreational, commercial, and government contracts. ACB estimates the future growth will bring an additional 290 jobs into Whatcom County.

“ACB anticipates taking residency of the new facility within 12 months of signing the final contracts with Jansen Inc. We would like to thank Whatcom County Executive Pete Kremen and the Port of Bellingham for their exceptional support in propelling this project forward to meet our demanding schedule and for their assistance with considering the issuance of Industrial Revenue Bonds (IRB) as a mechanism for financial support assistance,” says Tim Metz, President and COO.

As part of their expansion plans, ACB is in the process of executing a new lease for an additional 12,000 square. Feet in Fairhaven from the Port of Bellingham. With the additional space, ACB will occupy about 72,000 square feet at the Port’s Fairhaven Marine Industrial Park.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Naviera Nabia Orders Newbuild from Gondan

Gondan Shipyard signed a new contract for the construction of a new vessel for Naviera Nabia, part of Acuña Group, from Bueu (Pontevedra-Spain). This new catamaran

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

Technip Bags Statoil's Umbilical Supply Contract

Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway.

Patrol Boats

South Africa arrests Chinese ships for illegal squid fishing

South Africa's navy has detained three Chinese ships with around 100 crew on board on suspicion of illegal squid fishing, officials said on Monday. The ships

Greek Frigate Finds Debris in Search for EgyptAir Plane

A Greek frigate searching for a missing Egyptair aircraft discovered two large plastic floating objects in a sea area 230 miles south of the island of Crete on Thursday, Greek defence sources said.

Four Patrol Boats Delivered in Nigeria

Four Damen SPa 1605 ballistic protected security patrol vessels have been delivered to C&I Leasing Plc, a player in the Nigerian offshore support vessel market.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0859 sec (12 req/sec)