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Westport Yachts Aquired by Chouest

Discussion in 'Westport Yacht' started by JWY, Jun 9, 2014.

  1. JWY

    JWY Senior Member

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    From Marine Log:

    "Chouest family buys yacht builder Westport

    JUNE 7, 2014 — The assets of Westport Shipyard, Inc., the largest yacht builder in North America, have been acquired by Westport, LLC, an ownership group that includes Gary Chouest and other members of the Chouest family.

    As well as owning Edison Chouest Offshore, the Chouest family also owns American Custom Yachts in Stuart, FL.

    Westport, which celebrates its 50th anniversary this year, has three shipyards in Washington State, in Westport, Port Angles and Hoquiam, and a marina and sales office in Ft. Lauderdale, FL.

    With over 400 employees, Westport has completed more than 120 yachts since 2000. And one customer was Gary Chouest.

    Westport president Daryl Wakefield, who will remain in the position, says "Gary has always been passionate about our industry, and we are honored to count him as a customer, and now our majority owner, as well."

    Westport says General Manager Dave Hagiwara will also remain, along with the rest of Westport's management team and employees.

    "Similar to the history of the Chouest family business, Westport began five decades ago with a fishing fleet, and has diversified into many other core businesses, focusing on customer satisfaction and the pursuit of excellence," said Gary Chouest. "We are pleased to join the Westport family, and look forward to pursuing the synergies that exist between the Chouest companies, ACY, and Westport.

    "We will continue to pursue the employment of skilled local workers, and will remain an active participant in the communities Westport serves."
  2. olderboater

    olderboater Senior Member

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    I'm glad to see that. Obviously Edson couldn't keep it forever at his age. Glad to finally see a US boat company acquired by a boater instead of a venture capitalist.
  3. captholli

    captholli Senior Member

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    This will be interesting to watch for a few years. AYC has a huge chunk of property on the St.Lucie river with loads of room to build sheds and larger haul out or syncro lifts. Much easier to get your product to marker via the east coast for sure. Christensen says that the lake Telico plant in Knoxville is a go once again now that the economy for yachting has turned the corner for them and the Vancouver plant is running at full capacity with 3 years of scheduled builds