Arctic Directory October 2015: Kvichak Marine & Vigor Industrial announce merger

Kvichak Marine Industries and Vigor Industrial announced the companies are merging to unite their strengths in the design and fabrication of aluminum workboats, shipbuilding and boat building. 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 Whittemore, president of Kvichak. “Vigor shares our values and our commitment to providing long term opportunity to our people.”

This transaction builds on the 2014 Vigor and Oregon Iron Works merger which expanded Vigor’s reach into highly complex industrial products in marine, renewable energy, aerospace, nuclear containment, transit, defense, hydroelectric, bridge building and other commercial construction industries. Adding Kvichak to the Vigor family of companies adds to Vigor’s product line diversification and its mission to build and sustain family-wage industrial jobs. The combined company will employ about 2,500 people in Alaska, Oregon and Washington.

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