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 Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

GAC Starts Green Hull Cleaning Operations in Oman

Oman’s Ministry of Environment and Climate Affairs has granted GAC EnvironHull permission to conduct underwater hull cleaning operations using the brush-and-diver-free

Teekay Renews Hull and Propeller Monitoring for LNG Carriers

Canada-based shipping company Teekay Corporation has renewed its contract with Propulsion Dynamics for its hull and propeller performance monitoring system CASPER Service.

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

Patrol Boats

Australia’s Newbuild LHD Enroute Homeport

Australia’s first Landing Helicopter Dock (LHD) ship, NUSHIP Canberra has been farewelled from Melbourne as she departs for Sydney. NUSHIP Canberra departed

Pirates Launch Renewed Attacks in Nigeria's Oil Delta

Pirates have launched a spate of attacks in the creeks of Nigeria's oil-producing Niger Delta region since last Thursday, killing three policemen and abducting at least nine people,

 
 
Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1127 sec (9 req/sec)