Vigor inks deal to acquire a third drydock for its Seattle, Washington facility
SEATTLE, WASH. (April 17, 2017) Building on its ongoing investments in critical infrastructure and fulfilling a promise to customers to expand West Coast drydock capacity, Vigor has entered into an agreement to purchase a drydock from a Korean seller. At 640 feet long with a clear width of 116 feet, the new dock will be the third, and largest, at Vigor’s Harbor Island shipyard.
“The purchase of another drydock in Seattle allows Vigor to better service valued customers like Washington State Ferries, the U.S. Coast Guard and U.S. Navy,” notes Adam Beck, Vigor Executive Vice President of Ship Repair. “It also further strengthens our market position in commercial ship repair on the West Coast and supports our expansion into new markets.”
Beck and his team had been actively looking for the right drydock at home and abroad for a number of months. The one selected happened to be in Korea. The team is working to finalize the transaction and have the dock operational in Seattle by late Fall. Customer feedback to the news has been overwhelmingly positive.
“Washington State Ferries is greatly relieved and appreciative to hear of Vigor’s important investment in a new drydock for its Harbor Island/Seattle location. We have been concerned about the shortage of drydock availability for the maintenance and repair of our fleet,” said Matt Von Ruden, Director of Vessel Engineering and Maintenance, Washington State Ferries. “Regular maintenance is critical to our ability to achieve the expected service life of our vessels and keep them operating well for our customers.”
Vigor is an innovator in complex fabrication, a specialized shipbuilder and a ship repair powerhouse. With 2,500 employees and nine locations in Alaska, Oregon and Washington, all Vigor companies share common goals: providing world-class maritime and industrial services to build the products customers need, to build the family-wage career opportunities craftspeople deserve, and to strengthen the communities where Vigor employees live and work. For more information, visit vigor.net.