Kvichak Marine Industries and Vigor Industrial combine forcesCompany News // March 4, 2015
Kvichak Marine Industries and Vigor Industrial in the US have announced that the companies are merging to unite their strengths in the design and fabrication of aluminum workboats, shipbuilding, and boatbuilding.
Under the terms of the merger, Kvichak will become a wholly owned subsidiary of Vigor. Kvichak’s current owners (Jim Meckley, Brian Thomas and Keith Whittemore) will join Vigor as shareholders and as members of the leadership team.
“My partners and I are very excited to be joining Vigor. Sharing best ideas and practices across companies will make us even more competitive and create a more stable business base for our workers,” said Keith Whittemore, president of Kvichak. "Vigor shares our values and our commitment to providing long term opportunity to our people.”
“Kvichak brings amazing fabrication talent to our company and some of the best customer relationships in the industry,” said Vigor CEO and owner Frank Foti. “The Kvichak team builds the best aluminum workboats in the country. Infusing those fabrication genetics into our broader operations is what industrial evolution is all about. What could be better than creating a team that allows most new fishing boats to be built where they work—in the Pacific Northwest and Alaska.”