THE STATE OF MAINE'S BOATING NEWSPAPER Volume 23 Issue 2 February 2010
PRST STD
U.S. Postage Paid, #256 Bangor, Maine 04401
Maine Coastal News FREE S. W. BOATWORKS BUYS YOUNG BROTHERS MOULDS
JENNIFER ANNE a 40-foot Young Brothers owned by Jere Green of Harpswell.
LAMOINE – As we all know the economy has been depressed for a couple of years, and despite some bright spots here and there, people are still very reserved in their spend- ing. One of the hardest hit industries has been the boatbuilders along the Maine coast. So why if the economy is down and the boatbuilding industry is not doing very well would you go out and buy a complete set of moulds for several hulls? Simple, they are good designs and the price was right! For several years the Young Brother’s boat shop and hull moulds were for sale. The price was right, but with the economy in its depressed state no body wanted to add any debt. Well then the property was sold to a person from away, who just wanted the land, and the moulds were for sale at even a better price.
Stewart Workman of SW Boatworks in Lamoine explained, “I was looking into buy- ing the Young Brothers shop for quite a while. I toyed with the fact about buying the whole property once they put up for sale. It was a good deal, but the way the economy was I didn’t dare bite off any more since I already had the Calvin Beal models. So I kind of let it go by the wayside. I did sit here watching it and then I found out the building was sold and the moulds went up for sale. I jumped on it, since the price was right.”
“Actually Matt Cousins bought them from the guy who bought the property,” added Workman, “and I bought them off
Matt. He got them because he happened to be there at the right time and got a good deal on them. He had no desire to lay up the hulls. They really nice hulls, sweet design, and very fuel-efficient and that something to think about with the way fuel prices are. They also go along good with my Calvin Beal models, because they are very fuel-efficient hull as well. They are also very popular and I knew that there are a lot of people out there that still want a Young Brothers boats. So, I pur- chased them off Matt. Do I want to go out and spend all this money this time of year and the way things are? No, not really, but the oppor- tunity was there and sometimes you got to do what you got to do when you can.” The original Young Brothers 38 was a mould taken off an Osmond Beal hull, which launched them into fiberglass boatbuilding. After that they turned to Ernest Libby Jr. of Beals Island for the next models. The models they offer include: 30, 33, 35, 38 (old and new), 40 and 45.
Workman has all but the 35, newer 38 model, and the 40 at his shop. They are still over in East Blue Hill, but he will marketing, selling and producing them if someone is interested.
Already there have been calls asking for prices. Workman said, “Actually I have had three inquiries already one 33, one 35 and one on a 40.” Then while we were doing the interview he got a call on for prices on a 40. Another plus he saw in owning the
Colby Young's NANA MARIE just after she was launched coming into Corea Harbor.
Young Brothers’ models was that now he had a boat smaller than a 34 footer. He said that he got numerous calls looking for something between 28 to 32 feet, but had nothing he could offer them and now he can. The problem is that most people are being very cautious. Workman explained, “We are getting a lot of calls on the Calvin Beal boats and people are very interested, but when it comes down to doing the deal they are holding off. It does seem that in the last few months things have gotten better.”
C o n t e n t s
Publisher's Note Calendar of Events
Lobsterboat Racing Update WoodsHole New Lab
4 4 5
More Boatbuilding with Win Lash 6 Waterfront News
7
Mini Subs at Pearl Harbor Grants for Coastal Wetlands
7 8
New Manager for Casco Bay Lines 8 Mystery Maine Lighthouse Keeper
Atlantic Challenge's New Manager 9 Eastport's Pirate Festival
8 9
Naval & Merchant Shipbuilding Obituary - Andrew Nesdall
Commercial Fishing News Miscellaneous News
Atlantic Sturgeon Endangered Boat Yard News
12 13 14
10 11
Book Review: Live Yankees Maritime History:March-July Classified Ads
18 19
24-31
As for present work they are busy. Workman said, “Right now we’ve got a 38 Calvin Beal hull that is in the schedule to be laid up. We have just delivered a 38 hull and top, which went down to Composite Yachts, in Maryland to be finished as a sport fishing boat. We are now laying up another 38 hull, which is going to Sargent’s Boat Shop in Milbridge to get finished off for yacht club. She will have a top, but he is going to stick
Continued on Page 14.
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