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]
Type | LLC |
---|---|
Industry | Shipbuilding and Shiprepair |
Headquarters | Portland, Oregon |
Number of locations | 7 |
Area served | North America |
Revenue | $400 million to $500 million (2013)[1] |
Owner | Frank Foti |
Number of employees | 1,800[2] (2013) |
Subsidiaries | Vigor Fab Vigor Alaska Vigor Marine Washington Marine Repair Vigor Shipyards Vigor Machine Oregon Iron Works Specialty Finishes Vigor Ballard |
Website | vigor.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]
Location | Established | Acres | Drydocks | Piers | Cranes |
---|---|---|---|---|---|
Seattle, Washington | 1916 | 27.0 | 2 with up to 18,000 LT lift capacity | 6 with 3,000 ft | 12 whirley up to 150t |
Portland, Oregon | 1942 | 60.0 | 3 with up to 80,000 LT lift capacity | 15 with 10,000+ ft | 17 Whirley up to 134t, 1 Gantry up to 600t |
Everett, Washington | 1947 | 3.6 | 2 with 1,200 ft | 7 up to 45t | |
Tacoma, Washington | 1976 | 5.0 | 2 with up to 2,800 LT lift capacity | 2 with 600 ft | 4 up to 55t |
Ketchikan, Alaska | 1987 | 16.5 | 2 with up to 10,000 LT lift capacity | 1 with 1,000 ft | 3 up to 150t |
Bremerton, Washington | 1986 | ||||
Port Angeles, Washington | 1998 | 2 with 1,400 ft | 5 up to 200t | ||
Recent builds
Year Completed | Vessel Type | Vessel Name | Yard | Weight, t |
---|---|---|---|---|
In production | Vehicle & Passenger Ferry | Chimacum | Seattle | |
In production | Tugboat | Crown Point | Portland | |
In production | Tugboat | Granite Point | Portland | |
In production | Tugboat | Hull 21 | Portland | |
In production | ATB Tank Barge | Hull 22 | Portland | |
In production | ATB Tank Barge | Hull 23 | Portland | |
In production | Split Hull Hopper Barge | Freedom | Portland | 1,325 |
2016 | Unmanned anti-submarine drone ship | ACTUV | Portland | 140 |
2015 | Vehicle & Passenger Ferry | MV Samish | Seattle | 3,920 |
2014 | Vehicle & Passenger Ferry | MV Tokitae | Seattle | 3,920 |
2014 | Factory Longliner | Arctic Prowler | Ketchikan | |
2013 | Concrete Wear Deck Barge | Iliuliuk Bay | Portland | 1,650 |
2013 | Moorage Barge | Portland | ||
2012 | Covered Paper Barge | Hull 73 | Portland | 527 |
2011 | Vehicle & Passenger Ferry | MV Kennewick | Portland | 2,296 |
2011 | Vehicle & Passenger Ferry | MV Salish | Portland | 2,296 |
2011 | Fuel Barge | Betsy Arntz | Portland | 1,306 |
2011 | Fuel Barge | Cauneq | Portland | 225 |
2011 | Ferry | Ken Eichner 2 | Ketchikan | |
2010 | Vehicle Passenger Ferry | MV Chetzemoka | Seattle | 2,296 |
2010 | Fuel Barge | Anne Elizabeth | Portland | 1,306 |
2010 | SLICE Ferry | Susitna | Ketchikan | |
2010 | Fuel Barge | Sixty-Five Roses | Portland | 3,317 |
2009 | Fuel Barge | Nathan Schmidt | Portland | 1,306 |
2009 | Fuel Barge | Lily Blair | Portland | 1,306 |
2009 | Fuel Barge | Bernie Briere | Portland | 1,306 |
2009 | Deck Barge | Ha'aheo | Portland | 2,541 |
2009 | Tank Barge | Coal Harbor No. 5 | Ketchikan | |
2008 | Fuel Barge | David Fanning | Portland | 2,541 |
2008 | Crane Barge | Left Coast Lifter | Portland | 3,337 |
2008 | Deck Barge | Kala 'enalu | Portland | 2,541 |
2008 | Deck Barge | Maka'ala | Portland | 2,541 |
2008 | Excavator Barge | OLM-0033 | Seattle | |
2007 | Deck Barge | Hou'omaka Hou | Portland | 2,541 |
2003 | Bridge Tower Cutting Foundation | Caisson 11 | Seattle | |
2002 | Ferry | Oral Freeman | Ketchikan | |
1999 | Power Barge | Margarita II | Seattle | |
1998 | Vehicle & Passenger Ferry | MV Wenatchee | Seattle | |
1998 | Vehicle & Passenger Ferry | MV Puyallup | Seattle | |
1997 | Vehicle & Passenger Ferry | MV Tacoma | Seattle |
References
- Martinez, Amy (May 21, 2014). "Shipbuilders Vigor and Oregon Iron Works agree to merge". The Seattle Times. Retrieved 2014-12-12.
- Francis, Mike (May 21, 2014). "Vigor Marine brings Oregon Iron Works under its roof in merger". The Oregonian. Retrieved 2014-12-12.
- Vigor Industrial. We are VIGOR Seattle: Vigor Industrial, 2012. Print.
- "Cascade General Inc Company history", Funding Universe", May 2012
- "Our History" Archived May 17, 2012, at the Wayback Machine, Vigor Industrial, May 2012
- T. Alan Sprott, "Vigor Industrial LLC, Portland Shipyard" Archived November 29, 2014, at the Wayback Machine, nsrp, May 2012
- Giegerich, Andy (May 21, 2014). "Vigor Industrial and Oregon Iron Works to merge". Portland Business Journal. Retrieved 2014-12-12.
- Coral Garnick (March 3, 2015). "Vigor Industrial expands shipyard work with Kvichak deal". The Seattle Times. Retrieved 26 August 2016.
- Allan Brettman (February 1, 2019). "Shipbuilder Vigor picks Vancouver for Army landing craft manufacturing". The Columbian. Retrieved 2019-02-02.
- Iris Dorbian (July 25, 2019). "Carlyle and Stellex to buy and merge Vigor Industrial and MHI Holdings". PE Hub Network. Retrieved July 28, 2019.
- Stevens, Suzanne (October 8, 2013). "For Vigor Industrial, it's all in the name". Portland Business Journal. Retrieved 9 October 2013.
- Vigor Industrial. Overview of Vigor Industrial Facilities, Seattle: Vigor Industrial, 2012. Print.
- 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.
- Lakshmi, Aiswarya (13 February 2016). "DARPA All Set To Launch Submarine Hunting Drone". Marine Link. Retrieved 16 February 2016.
- 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.
- "Vigor Industrial, Portland OR" Archived May 10, 2012, at the Wayback Machine, Shipbulding History, May 2012
- "Vigor Industrial, Seattle WA" Archived May 10, 2012, at the Wayback Machine, Shipbuilding History, May 2012
- "Vigor Industrial, Ketchikan AK" Archived May 10, 2012, at the Wayback Machine. Shipbuilding History, May 2012