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 June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Technip Samsung JV Wins 2 FLNG Project Contracts

The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome,

Fjords Processing Bags Johan Sverdrup Contracts

Fjords Processing, headquartered in Norway (Fornebu), has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Repair 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: 0.1069 sec (9 req/sec)