DredgeMasters To Acquire Aquamarine Corporation
DredgeMasters International, Inc. of Hendersonville, Tenn., a subsidiary of Valley Industries, has announced the signing of a letter of intent to acquire Aquamarine Corporation of Waukesha, Wis., one of the world's leading manufacturers of aquatic vegetation control equipment.
This highly specialized equipment is utilized in removing aquatic weeds f r om lakes, canals, and waterways. Aquamarine manufactures a variety of machines that offer solutions to the basic problems of aquatic weed control including harvesting, transporting, and conveying.
DredgeMasters is well-known f o r designing and manufacturing portable hydraulic cutter suction dredges. According to Don C.
Killom, president of DMI, "The acquisition of Aquamarine is a natural complement to the DMI line of products and services and will further enhance our strength in the waterways and marine construction industries." Aquamarine is to be an operating subsidiary of DredgeMasters International.
The Aquamarine division of NMI will be headed by Brate Bryant, who will serve as president of the division. Aquamarine was founded in 1968.
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Other stories from December 15, 1981 issue
Content
- Veliotis Takes New Post With General Dynamics page: 4
- Sun Company, Levingston Sign Letter Of Intent For Pa. Shipyard Sale page: 6
- American Steamship Names D. Ward Fuller As Its Chief Operating Officer page: 6
- Maher Expands Container Facility, To Install First Paceco Transtainers In N.Y. page: 15
- Kvaerner, Oy Navire To Merge Shipbuilding, Equipment Capabilities page: 15
- Baldt Inc. Develops New Abrasion-Resistant Chain —Brochure Available page: 15
- Kaiser Engineers Awarded Service Contract For Trident Sub Facilities page: 16
- Gulf Oil Announces Exec Assignments For Corporation And Divisions page: 18
- Largest U.S.-Built Hopper Dredge Launched At Avondale Shipyards page: 22
- ASNE Flagship Section Hears Paper On Engineering Costs And Risks page: 22
- DredgeMasters To Acquire Aquamarine Corporation page: 24
- Advanced Marine To Design New Ferryboat page: 24
- Newfoundland's Ocean Cargo Services Seen Expanding With Coming Offshore Oil Boom page: 24
- Soviets Plan Nuclear Powered Merchant Ship, To Be Completed By 1984 page: 25
- Spanish Shipbuilders Assoc. Publishes New Brochure —Copies Available page: 26
- Name John Malagraph General Manager Of Advanced Marine In N.Y. page: 26
- Shell To Provide Bunkering Service At Port Of Mobile —Literature Available page: 27
- Appoint Hession President Of Koehring Clyde, Whirley Crane Producer page: 27
- Name Parks President Of Farrell Lines page: 27
- Todd-Seattle Sponsors Marine Diesel Seminar page: 28
- Norcontrol To Install $3-Million Vessel Traffic System —Literature Available page: 28
- SNAME page: 36
- Moss Rosenberg Verft Develops Energy-Saving LNG Carrier page: 41
- $2.1-Million Title XI Guarantee For Tanker IGS And COW Retrofit page: 41
- SNAME New York Hears Paper On Marine Gas Chemists page: 42
- Utility Vessel M/V Lamnalco Mallard Delivered To Kuwait Service By HUDSHIP page: 42
- SNAME-New England, ASNE Hear Rear Adm. Beecher On Battleship Reactivation page: 42
- Allis-Chalmers Receives $6-Million M u d Pump Order From Wilson page: 43
- $1 -Billion Lube Oil Refinery To Be Constructed In Saudi Arabia page: 43
