JB Turner

Fisheries & Marine

With ownership change in the works, Front Street Shipyard focuses on what’s next

The acquisition by Safe Harbor Marinas is expected to close in January. It is an all-cash deal; terms were not disclosed.

Fisheries & Marine

Blackstone-backed marina operator to buy Belfast’s Front Street Shipyard

The prospective buyer, Safe Harbor Marinas, is the largest marina and superyacht servicing business in the U.S.

Manufacturing

Front Street Shipyard invests in manufacturing that goes beyond boats

The company said its 3D waterjet cutting machine is the largest of its kind in Maine and among the largest in the country. The machine will help Front Street expand beyond the marine market into manufacturing.

Manufacturing

Seacoast Mission’s Sunbeam V splashes after year-long refit

Delivery is expected early October, shortly after the mission moves to new headquarters.

Manufacturing

Belfast shipyard seeks competitive advantage with new device

Front Street Shipyard's 3D cutting machine, which cost $900,000, will cut any shape, size, or material up to a maximum thickness of about 11 inches. The bulk of the investment was paid for with a grant from the U.S. Department of Transportation.

Fisheries & Marine

🔒20 on ’20: Maine’s boatbuilding industry pushes for diversified revenue

The president of a Belfast boatbuilding business sees new types of projects and new technology on the horizon. But prospects could be affected by changes in another industry.

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