Lyman-Morse acquires Wayfarer Marine

Maine-based Lyman-Morse Boatbuilding acquired Wayfarer Marine Corp., and renamed the boatyard in Camden, Maine, as Lyman-Morse at Wayfarer Marine.
Author:
Publish date:

Maine-based Lyman-Morse Boatbuilding acquired Wayfarer Marine Corp., and renamed the boatyard in Camden, Maine, as Lyman-Morse at Wayfarer Marine.

“We are very excited about joining the two crews to create a most talented group of marine experts,” Lyman-Morse president Drew Lyman said in a statement. “Wayfarer’s customers will benefit in a big way through economies of scale and access to Lyman-Morse’s depth of expertise and resources, including our boatbuilding pedigree, Lyman-Morse Fabrication, our CNC machining department, and Lyman-Morse Technologies.

“In addition, we recognize the benefits of having our name front and center in Camden, Maine, a place that for more than a century has been a destination harbor in the yachting world,” Lyman added. “We love the synergy of tying the two businesses together to create an even stronger world-class destination yard.”

Wayfarer sits on 9-plus acres with 37 slips and 846 feet of dockage. It also provides launch service for its 47 moorings. The yard has a 110-ton Travelift, and 80-ton Brownell trailer and nine climate controlled work and paint bays.

Lyman-Morse also has diversified into the airline industry, Department of Defense, prototyping and several start-up projects, such as solar power regenerating units. The Lyman family is also completing a 26-room boutique hotel in Rockland, Maine.

Related

Montara signs 27 dealers

With 23 others waiting to sign on, the manufacturer of the new wake-surfing/pontoon design is “incredulous” at the quick dealer response.