New Shipyard to Build Superyachts
A new shipyard in Greenback, being built by Christensen Shipyards Ltd. of Vancouver, will produce yachts up to 230-feet long. The 500,000 square foot plant already has orders for two 225-foot yachts. Vessels this size can cost upwards of $100 million each. The company will start to assemble the first hulls in January 2009.
Read the full story at Portland Business Journal.