BIDCO Acquires A.J. Brothers Marine Construction

Tuesday, May 22, 2001
On April 26 Buffalo Industrial Diving Company, Inc. (BIDCO) of Buffalo, N.Y., completed its acquisition of A.J. Brothers Marine Construction, Inc. a fixture in the Eastern Great Lakes marine construction field. The combined assets will continue business under the name Buffalo Industrial Diving Company, Inc. The acquisition added eight tugs in various lengths up to 72 ft. and eight barges in lengths up to 150 ft. to BIDCO's existing vessel fleet. With its increased inventory of cranes, barges, vessels and other heavy construction equipment, BIDCO is poised to become a major contender in the Great Lakes marine construction arena. A.J. Brothers' former president, Wayne Miller, has joined BIDCO as vice president of marine construction and partner. The acquisition is part of BIDCO's continuing expansion program. The next will be a move to larger facilities in South Buffalo adjacent to the Buffalo River. This is expected to be completed in the next few months. The new facilities will feature additional office space and separate buildings for fabrication, equipment repair, and diving equipment storage. Also included will be docking and storage for the company's growing inventory of vessels, barges and support equipment.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Knightsbridge Closes Vessel Acquisition Transaction

Bermuda-based Knightsbridge Tankers Limited announced that it has closed the first stage of its vessel acquisition transaction. Knightsbridge has issued 31 million

Maersk Sells Ven Drilling Barges

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities. Maersk Drilling

Trelleborg Report Optimistic for Port Investment

The latest 'Barometer Report' from Trelleborg's marine operations business sector, discusses the issues impacting ports and terminals around the globe, and reveals

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.1408 sec (7 req/sec)