Vigor Industrial

Vigor Industrial (Vigor) is an American shipbuilding, shiprepair, and industrial service provider in the Pacific Northwest and Alaska. Based in Portland, Oregon, the company consists of several subsidiary companies for a combined total of seven facilities with ten drydocks, more than 17,000 feet of pier space, and over 2,000 employees.[3]

Vigor Industrial LLC
TypeLLC
IndustryShipbuilding and Shiprepair
HeadquartersPortland, Oregon
Number of locations
7
Area served
North America
Revenue$400 million to $500 million (2013)[1]
OwnerFrank Foti
Number of employees
1,800[2] (2013)
SubsidiariesVigor Fab
Vigor Alaska
Vigor Marine
Washington Marine Repair
Vigor Shipyards
Vigor Machine
Oregon Iron Works
Specialty Finishes
Vigor Ballard
Websitevigor.net

History

In the Northwest the company history goes back nearly 100 years, with Todd Pacific in Washington and Kaiser Shipyard in Oregon. In 1916 the Harbor Island facility in Seattle began operations as Todd Pacific Shipyards. In 1942 the Swan Island facility in Portland began operations as Kaiser Shipyards. In 1995, Vigor Industrial owner, Frank Foti bought Cascade General on the verge of bankruptcy from its previous owners, operating on leased space from the Port of Portland shipyard. With funding from the then-publicly traded Cammell Laird PLC in the UK, Transamerica Capital and Heller Capital, the Swan Island facility was purchased from the port in 2000 and the name Vigor Industrial was established. In 2002, Vigor Industrial expanded operations to Port Angeles, WA with its subsidiary Washington Marine Repair. In 2010, purchased Marine Industries Northwest (MINI) in Tacoma, WA. In 2011 they purchased Todd Pacific's operations in Seattle, Bremerton, and Everett. In 2012 they acquired Alaska Ship & Drydock in Ketchikan, Alaska.[4][5][6]

In May 2014, the company announced that it was merging with Oregon Iron Works, another manufacturer based in the Portland area.[2][1][7] Although both companies referred to it as a "merger", the deal made Oregon Iron Works a division of Vigor,[2] a wholly owned subsidiary.[7]

In March 2015, Vigor Industrial acquired Seattle-based aluminum workboat manufacturer Kvichak Marine Industries.[8]

Vigor announced in late 2017 that it had won a $1 billion contract to produce U.S. Army landing craft, the largest contract in its history. The company selected Vancouver, Washington as the production site for the vessels.[9]

In July 2019, The Carlyle Group and Stellex Capital Management agreed to acquire and merge Vigor Industrial with MHI Holdings LLC.[10]

Vigor Industrial companies

Vigor Industrial has several subsidiary companies which each focus on different specialties:

  • Vigor Fab is Vigor's Pacific Northwest new-build subsidiary serving the needs of maritime customers from its facilities in Portland, OR, and Seattle and Everett, WA.[11]
  • Vigor Alaska or provides new-build, heavy fabrication, ship repair, and maintenance services in Ketchikan, Alaska.[11]
  • Vigor Marine specializes in Commercial ship repair in Portland, OR, and Seattle, Tacoma and Everett, WA with the ability to mobilize teams to anywhere they are needed, including Hawaii.
  • Washington Marine Repair provides resources for topside repair in Port Angeles, WA.
  • Vigor Shipyards handles maintenance for the Navy and Coast Guard in Seattle, Everett, and Bremerton, WA.
  • Vigor Machine offers turbine and machining services from its facility in Portland, OR as well as on-site at customers' locations.
  • Specialty Finishes and its Specialty Marine Decking unit provide industrial coating and marine decking services.
  • Oregon Iron Works (acquired in 2014)
  • Vigor Ballard is a Seattle, WA-based shipyard which provides new-build small vessel for government agencies or forces, its predecessor is Kvichak Marine.

Facilities

Vigor Industrial has five Washington locations in Seattle, Tacoma, Everett, Bremerton and Port Angeles. They also have locations in Portland, Oregon and Ketchikan, Alaska. The seven facilities have a combined total of 10 drydocks and more than 17,000 feet in pier space and detailed in the table below.[12]

LocationEstablishedAcresDrydocksPiersCranes
Seattle, Washington191627.02 with up to 18,000 LT lift capacity6 with 3,000 ft12 whirley up to 150t
Portland, Oregon194260.03 with up to 80,000 LT lift capacity15 with 10,000+ ft17 Whirley up to 134t, 1 Gantry up to 600t
Everett, Washington19473.62 with 1,200 ft7 up to 45t
Tacoma, Washington19765.02 with up to 2,800 LT lift capacity2 with 600 ft4 up to 55t
Ketchikan, Alaska198716.52 with up to 10,000 LT lift capacity1 with 1,000 ft3 up to 150t
Bremerton, Washington1986
Operates out of the Puget Sound Naval Shipyards
Port Angeles, Washington19982 with 1,400 ft5 up to 200t

Recent builds

Year CompletedVessel TypeVessel NameYardWeight, t
In productionVehicle & Passenger FerryChimacumSeattle
In productionTugboatCrown PointPortland
In productionTugboatGranite PointPortland
In productionTugboatHull 21Portland
In productionATB Tank BargeHull 22Portland
In productionATB Tank BargeHull 23Portland
In productionSplit Hull Hopper BargeFreedomPortland1,325
2016Unmanned anti-submarine drone shipACTUVPortland140

[13][14][15]

2015Vehicle & Passenger FerryMV SamishSeattle3,920
2014Vehicle & Passenger FerryMV TokitaeSeattle3,920
2014Factory LonglinerArctic ProwlerKetchikan
2013Concrete Wear Deck BargeIliuliuk BayPortland1,650
2013Moorage BargePortland
2012Covered Paper BargeHull 73Portland527
2011Vehicle & Passenger FerryMV KennewickPortland2,296
2011Vehicle & Passenger FerryMV SalishPortland2,296
2011Fuel BargeBetsy ArntzPortland1,306
2011Fuel BargeCauneqPortland225
2011FerryKen Eichner 2Ketchikan
2010Vehicle Passenger FerryMV ChetzemokaSeattle2,296
2010Fuel BargeAnne ElizabethPortland1,306
2010SLICE FerrySusitnaKetchikan
2010Fuel BargeSixty-Five RosesPortland3,317
2009Fuel BargeNathan SchmidtPortland1,306
2009Fuel BargeLily BlairPortland1,306
2009Fuel BargeBernie BrierePortland1,306
2009Deck BargeHa'aheoPortland2,541
2009Tank BargeCoal Harbor No. 5Ketchikan
2008Fuel BargeDavid FanningPortland2,541
2008Crane BargeLeft Coast LifterPortland3,337
2008Deck BargeKala 'enaluPortland2,541
2008Deck BargeMaka'alaPortland2,541
2008Excavator BargeOLM-0033Seattle
2007Deck BargeHou'omaka HouPortland2,541
2003Bridge Tower Cutting FoundationCaisson 11Seattle
2002FerryOral FreemanKetchikan
1999Power BargeMargarita IISeattle
1998Vehicle & Passenger FerryMV WenatcheeSeattle
1998Vehicle & Passenger FerryMV PuyallupSeattle
1997Vehicle & Passenger FerryMV TacomaSeattle

[16][17][18]

References

  1. Martinez, Amy (May 21, 2014). "Shipbuilders Vigor and Oregon Iron Works agree to merge". The Seattle Times. Retrieved 2014-12-12.
  2. Francis, Mike (May 21, 2014). "Vigor Marine brings Oregon Iron Works under its roof in merger". The Oregonian. Retrieved 2014-12-12.
  3. Vigor Industrial. We are VIGOR Seattle: Vigor Industrial, 2012. Print.
  4. "Cascade General Inc Company history", Funding Universe", May 2012
  5. "Our History" Archived May 17, 2012, at the Wayback Machine, Vigor Industrial, May 2012
  6. T. Alan Sprott, "Vigor Industrial LLC, Portland Shipyard" Archived November 29, 2014, at the Wayback Machine, nsrp, May 2012
  7. Giegerich, Andy (May 21, 2014). "Vigor Industrial and Oregon Iron Works to merge". Portland Business Journal. Retrieved 2014-12-12.
  8. Coral Garnick (March 3, 2015). "Vigor Industrial expands shipyard work with Kvichak deal". The Seattle Times. Retrieved 26 August 2016.
  9. Allan Brettman (February 1, 2019). "Shipbuilder Vigor picks Vancouver for Army landing craft manufacturing". The Columbian. Retrieved 2019-02-02.
  10. Iris Dorbian (July 25, 2019). "Carlyle and Stellex to buy and merge Vigor Industrial and MHI Holdings". PE Hub Network. Retrieved July 28, 2019.
  11. Stevens, Suzanne (October 8, 2013). "For Vigor Industrial, it's all in the name". Portland Business Journal. Retrieved 9 October 2013.
  12. Vigor Industrial. Overview of Vigor Industrial Facilities, Seattle: Vigor Industrial, 2012. Print.
  13. Korfhage, Matthew (15 Feb 2016). "The Biggest Robot Ship Ever Made Will Be Unveiled in Portland This April". Willamette Week. Archived from the original on 2016-03-20. Retrieved 2019-09-13.
  14. Lakshmi, Aiswarya (13 February 2016). "DARPA All Set To Launch Submarine Hunting Drone". Marine Link. Retrieved 16 February 2016.
  15. Magnuson, Stew (10 February 2016). "DARPA's 130-Foot Crewless Ship to Set Sail in Spring (UPDATED)". National Defense. Archived from the original on 11 February 2016. Retrieved 16 February 2016.
  16. "Vigor Industrial, Portland OR" Archived May 10, 2012, at the Wayback Machine, Shipbulding History, May 2012
  17. "Vigor Industrial, Seattle WA" Archived May 10, 2012, at the Wayback Machine, Shipbuilding History, May 2012
  18. "Vigor Industrial, Ketchikan AK" Archived May 10, 2012, at the Wayback Machine. Shipbuilding History, May 2012
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