Hodgdon Yachts launched Hodgdon Yacht Services, marking the Maine company's expansion into both the yacht and pleasure boat service and refit sectors.
With the recent merger of the Boothbay Region Boatyard in Southport and Wotton's Wharf in Boothbay Harbor with Hodgdon’s existing shipyard in East Boothbay, the company is operating facilities in three locations in the Boothbay region.
Hodgdon officially merged Boothbay Region Boatyard and Wotton's Wharf into Hodgdon Yacht Services on June 1, allowing for the expansion.
With the addition of about 30 service sector professionals from the Boothbay Region Boatyard, Hodgdon now employs about 150 people in midcoast Maine, making it one of the largest employers in the Boothbay region.
"We are pleased to continue growing the business as we approach our 200th anniversary, a milestone we will celebrate in 2016,” Hodgdon CEO Timothy Hodgdon said in a statement. “This new division perfectly complements Hodgdon's world-renowned custom boatbuilding, custom superyacht tenders, interiors and defense divisions.”
Sandy Spaulding, former president of Hinckley Yachts and Hodgdon Yachts senior business adviser, was named president of the new division. Matt Elder, a former partner in Sea Marine of Port Townsend, Wash., has been named general manager.
The company will celebrate the expansion with an open house from 2 to 4 p.m. on June 29 at its Southport boatyard. Customers and community members are invited.