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|Articles - June 2012|
|Tuesday, May 29, 2012|
BY JON BELL
Maritime Services Corp. in Hood River had been enjoying a record workload heading into winter 2011. In October, the company, which designs and builds interiors for cruise ships, ferries, private yachts and other vessels, announced nearly $11 million in projects, including a $6 million contract with Princess Cruises and $2 million with the U.S. Army.
But something happened on Jan. 13, 2012, that has slowed the MSC ship. On that night, the Italian cruise ship Costa Concordia hit a reef in the Tyrrhenian Sea and partially sank, killing at least 32 people.
In the wake of the disaster, cruise ship bookings have fallen in some markets up to 25%, according to MSC chief executive officer George Selfridge.
“We've had some work canceled and that’s impacted us,” says Selfridge, who founded the company in 1986 as a manufacturer of small fiberglass sailboats and powerboats. “It’s quiet right now.”
Even so, Maritime operates in a niche space — Selfridge says there are just two or three competitors in the nation — and the company takes on a wide variety of maritime projects, between 150 and 200 annually, to keep itself diversified. When it’s not converting an onboard casino into a steakhouse, it’s outfitting a Staten Island ferry; when it’s not building the interior for the fourth-largest privately owned yacht in the U.S. it’s working on offshore oil rigs. MSC also has done land-based work for retailers J. Crew and Macy’s in New York.
MSC employs about 130 people full-time, but contract projects can temporarily drive numbers north of 350. Although the work requires plenty of travel, Selfridge says MSC tries to complete as much of it at its Hood River operation as possible. As a result, MSC designs and prefabricates entire ship interiors in its 40,000-square-foot production facility, then breaks them down, puts them in containers and ships them off. Once the interiors arrive, they are carefully loaded onto their destination vessel, reassembled and installed.
An avid boater who enjoys living in Hood River, Selfridge says he sees MSC following a pretty steady course into the future. The company may divest some smaller business units, but otherwise Selfridge says MSC will continue on its current tack and respond as needed.
“On the cruise ship side, they’re always getting bigger and they have to be done quicker,” Selfridge says. “So we’re always looking for every possible way to improve.”
Thursday, April 03, 2014
BY OB STAFF
Learn how to green your workplace and lower your environmental footprint at the office. Oregon Business presents a two-hour "Greening Your Workplace" seminar on May 28th, 2014 at the Nines Hotel in Portland.
Tuesday, February 25, 2014
BY LINDA BAKER
An intellectual property attorney by day, 48-year-old Stoll Berne attorney Tim DeJong is a singer and guitarist by night.
Tuesday, February 25, 2014
BY AMY MILSHTEIN
Kelly Dachtler, president of The Clymb, redefines outdoor retail.
Tuesday, March 25, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Oregon is home not only to many fine writers but also several accomplished small publishers.
Thursday, February 27, 2014
BY ERIC FRUITS
Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.
Thursday, March 06, 2014
BY HANNAH WALLACE | OB BLOGGER
The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.
Tuesday, April 01, 2014
BY APRIL STREETER | OB CONTRIBUTOR
Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.
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