StanCraft buys North Idaho Maritime

COEUR d’ALENE — StanCraft Corporations just lately bought North Idaho Maritime.

The transfer will create StanCraft Marine Development.

“Our aim is to proceed to advance present service, introduce new merchandise and trade developments whereas increase on environmentally pleasant options,” proprietor Robb Bloem mentioned in a press launch.

North Idaho Maritime, established in 1918, was owned by John Condon. It provides marine building companies, together with constructing and repairing docks, stairs, bridges, piling and putting in riprap and sea partitions.

North Idaho Maritime has about 30 staff that can be a part of StanCraft at its Hayden headquarters, 2938 W. Dakota Ave.

Stancraft, which has about 200 staff, approached North Idaho Maritime about six months in the past, and the deal was finalized final week. The acquisition worth was not disclosed.

John Condon mentioned the deal is a wedding of two of the world’s oldest and most revered companies that present related companies.

“I am actually exited about that,” he mentioned.

In Condon’s 20 years of proudly owning North Idaho Maritime, he mentioned it has gone by means of ups and down. When he took over, the lumber mills had been closing, so North Idaho Maritime “invested, retooled, reinvented” to work on residential growth round Lake Coeur d’Alene.

That market took a downturn, however North Idaho Maritime survived once more.

“Enterprise is sweet,” Condon mentioned. “Now we’re on the upturn.”

He’s assured he gave it his finest.

“I carried the ball fairly a methods,” Condon mentioned.

He believes that beneath Bloem’s management and with StanCraft’s assets, North Idaho Maritime will rise to the subsequent stage.

“It’s going to guarantee the way forward for the operations and the staff,” Condon mentioned.

Condon, 59, mentioned it was time to start stepping again from a few of his many obligations and maybe, a bit reluctantly, look towards retirement.

“It looks like the final two years has been 20 years,” he mentioned.

Condon will proceed to be concerned on a consulting foundation.

“I nonetheless have loads to supply,” he mentioned.

StanCraft Corporations is happy with its native involvement. It has constructed and maintained quite a few services for public entities on native, state and federal ranges.

It has restored and guarded miles of shoreline, eliminated hazardous pilings and particles from state waterways and eliminated tons of contaminated soils from native lakes and rivers.

It has additionally performed a task in inserting gravel bedding to help fish habitats and has put in nesting platforms for birds. StanCraft has additionally assisted within the restoration and removing of sunken vessels, together with practice vehicles and airplanes.

“With our cutting-edge fleet of boats and barges, mixed with distinctive property, we now have the flexibility to carry out companies that many different corporations will not be able to,” the discharge mentioned.

StanCraft Picket Boat Firm was based in 1933 at Flathead Lake in Lakeside, Mont., by Amy Bloem’s grandfather, W.H. “Billy” Younger, and his son, Stanley C. Younger.

Operations started in Hayden in 2003, when Robb and spouse Amy moved again to Idaho after being away for 12 years.

It expanded in 2018 with StanCraft Jet Middle on the Coeur d’Alene Airport, the place it has a 65,000-square-foot facility.

One other enterprise is StanCraft Development Group of Northern Idaho that opened in August and is headquartered in Hayden.

The acquisition of North Idaho Maritime continues that progress.

“For StanCraft, this acquisition supplies super worth and help to the already quickly rising marine manufacturing, gross sales and repair enterprise and its buyer base reaching throughout Idaho, Washington and Montana,” a press launch mentioned. “The merger will even complement StanCraft Development Group and its future waterfront growth tasks.”