Land Deal Makes Way for Shipyard, 30 Jobs

Summary


BANGOR - A land deal that will bring at least 30 jobs to the area received a unanimous thumbs up Monday night from city councilors.

Under the terms of a lease and purchase option approved during a council meeting at City Hall, Maine Marine Manufacturing LLC will develop a shipyard at Stearn's Pit, located at Turtle Head Marina on the Penobscot River. Maine Marine Manufacturing is affiliated with Hodgdon Yachts Inc. of East Boothbay, which will continue to base its yacht-making operation there.

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Land Deal Makes Way for Shipyard, 30 Jobs

The shipyard on the Penobscot will serve as a manufacturing facility for an all-composite version of the aluminum Mark V patrol boat used by Navy SE...

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