Joe Covelli News

Shipbuilding: Vigor Industrial Grows Stronger

Vigor Industrial has ballooned from a modest shipyard in Portland, Oregon, to the largest shipbuilder in the Pacific Northwest and Alaska. Vigor increasingly thinks big and builds big. The company’s new floating dry dock will be the largest in the United States. And Vigor wants to get even bigger. CEO and owner Frank Foti expresses an ambition to grow to twice the current size in the “next few years.” Foti, who is also chairman of the Shipbuilder’s Council of America, says he is, “striving for critical mass.