Vigor Industrial


Vigor Industrial 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.

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 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.
In May 2014, the company announced that it was merging with Oregon Iron Works, another manufacturer based in the Portland area. Although both companies referred to it as a "merger", the deal made Oregon Iron Works a division of Vigor, a wholly owned subsidiary.
In March 2015, Vigor Industrial acquired Seattle-based aluminum workboat manufacturer Kvichak Marine Industries.
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.
In July 2019, The Carlyle Group and Stellex Capital Management agreed to acquire and merge Vigor Industrial with MHI Holdings LLC.

Vigor Industrial companies

Vigor Industrial has several subsidiary companies which each focus on different specialties:
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.
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
Operates out of the Puget Sound Naval Shipyards
Operates out of the Puget Sound Naval Shipyards
Operates out of the Puget Sound Naval Shipyards
Port Angeles, Washington19982 with 1,400 ft5 up to 200t

Recent builds