AAM Shipyard CEO Buys Out Founding Partner

Press Release
Tuesday, January 22, 2013
Matthew Mullett: Photo credit All American Marine

CEO, Matthew Mullett, acquires complete control of All American Marine from founder partner Pat Pitsch.

 

Mullett joined AAM as CEO in 1999 and has served as the managing partner of the shipyard since he became co-owner in 2003.  Under Mullett’s leadership, the small boat builder has grown to become an award-winning and internationally known entity.

 

Originally known for their 32’ aluminum bay boats and 6-pak charter boats, the company has since diversified their product line to include highly complex patrol boats, research vessels, survey boats, and high speed passenger ferries.

 

All American Marine has also attracted a broad customer base from the shores of Hawaii to the far reaches of New England.  Under the new corporate restructuring, Mullett has appointed business development manager, Joe Hudspeth, to the position of Vice President of Business Development and controller, Del McAlpine, to the position of Vice President of Finance and corporate treasurer.

All American Marine Inc., located on the shores of Bellingham Bay, was founded in 1987 and specializes in the construction of custom tailored aluminum boats.  All American Marine is the exclusive builder for New Zealand based Teknicraft Design Ltd. catamarans in North America.
 

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

People & Company News

BMT WBM Scientist Udy wins Kevin Smith Prize

BMT WBM’s Brisbane-based Graduate Scientist, Danielle Udy, was recently awarded the Royal Geographical Society of Queensland 2014 Kevin Smith Prize for her honours research.

Launch of First Future Destroyer, Hobart

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer: Thank you for being here on this very important day.

2 Americans Rescued North of Cuba

A Coast Guard MH-60 helicopter crew rescued two American sailors whose vessel ran aground approximately 25 miles north of Gibara, Cuba, Friday. Watchstanders

Shipbuilding

Launch of First Future Destroyer, Hobart

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer: Thank you for being here on this very important day.

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

ERMA Bullish on Ballast Water Treatment

After having delivered several BWTS systems in Kita Nihon shipyard in Japan, one more ERMA FIRST BWTS was successfully installed onboard the Bulk Carrier M/V SCARABÉ(DWT: 60,

Ship Repair & Conversion

US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting

ERMA Bullish on Ballast Water Treatment

After having delivered several BWTS systems in Kita Nihon shipyard in Japan, one more ERMA FIRST BWTS was successfully installed onboard the Bulk Carrier M/V SCARABÉ(DWT: 60,

Conrad Announces Management Team Changes

Conrad Industries, Inc. announced the appointment of Scott J. Theriot as Executive Vice President and Chief Operating Officer.   Johnny Conrad, President and Chief Executive Officer,

Finance

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents.

Egypt's $3 Bln LNG tender in June

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently

Mergers & Acquisitions

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Ferry Firm DFDS Looks to Expand

Danish ferry and transportation firm DFDS is on the takeover trail, its chief executive said, after reporting its highest first-quarter operating profit on record

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.2283 sec (4 req/sec)