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

U.S. Shipbuilding: ESG Nabs Two Z-Drive Tug Contracts

Eastern Shipbuilding (ESG) said that Suderman & Young Towing Company and Bay Houston Towing Company each exercised one additional Z-Drive Tug to be built at ESG.

Nordic Wins with Noble

Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

 
 
Maritime Careers / Shipboard Positions Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.1026 sec (10 req/sec)