Two marine companies close up shop

Posted on

Washington-based Palmer Marine and its sister company, Bladen Composites in North Carolina, have closed their doors.

Both went out of business last month, according to reports. Both company’s Web sites were shut down, and a phone number for Palmer Marine was out of service.

Reports said the economy is to blame for the closures.

In 2007, Soundings Trade Only reported Palmer Marine was moving some of its operations from Florida to North Carolina, which had provided a grant for the move. At the time, Palmer said it planned to invest $3 million in the new facility, and expected to create 120 jobs.

Palmer Marine built several lines of sportfishing boats including the Defiance, Tiderunner and Voyager brands.

Click here for a report on Palmer Marine.

Click here for a report on Bladen Composites.

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Will you be attending IBEX and the Fort Lauderdale International Boat Show?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password