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ShowBoats International's Guide to the

ShowBoats International's Guide to the

Fort Lauderdale International Boat Show

Fort Lauderdale International Boat Show

Northern Marine

New leadership meets golden opportunity


orthern Marine, founded in 1995, has made its mark in the megayacht world and earned international recognition. The 152' Lia Fail and 132' Magic turned heads at the 2005 Fort Lauderdale International Boat Show. The firm's new 151' tri-deck series, designed by Jonathan Quinn Barnett, has been a magnet for potential buyers. With offerings ranging from 57' to 151', the company employs close to 150 people in Anacortes, Washington, and has delivered over 25 yachts since its inception. With Northern Marine's recent acquisition by Ashton Capital Corporation and its appointment of two highly qualified executives, President Ken Kurtenbach and Vice President of Sales and Marketing Dave Mahalko, Northern Marine is headed toward an even brighter future. Kurtenbach's experience and 20-year track record of success with leading manufacturing companies has already increased efficiency and productivity, imparting dynamic growth in the past year. Kurtenbach shares: "The potential for Northern Marine is fantastic. The yard has put a great group of skilled craftsmen together and it shows in the quality of the Northern Marine product." Bringing Mahalko, a former colleague, aboard further expands the intellectual capital that drives Northern Marine as it positions itself among the megayacht elite. With a background that includes 20

years in the composites industry, most recently as VP of sales for Filtrona Extrusion, Kurtenbach considers Mahalko a key asset. A longtime resident of the Northwest and avid boater, Mahalko considers his new position a natural progression. "I am really impressed with what Northern Marine is building," he states. "The boats are truly world class." With plans to add several new models to their series of expedition cruisers as well as the luxury yacht lineup, the yard will be adding production staff and expanding the production facility in the coming year. "Ashton brings the luxury of working capital

to a company with a significant legacy and an exciting future," Mahalko adds, "and Ken's history of taking companies with potential to globally competitive levels, speaks well for Northern Marine today and for years to come." The first of the new 151 tri-deck series was delivered in August 2007. "We've already received a lot of good press on the 151," Mahalko notes. With the second boat sold and ready to move forward in the production line, and the third hull already infused and ready to follow, the Anacortes yard is hitting full stride. Mahalko is quick to point out that Northern Marine has not lost sight of what it learned in the building of its trawlers. The new 84' tri-deck long-range cruiser Spellbound has been delivered after its successful sea trials. "Our forte has always been expedition-style boats, and we're quickly evolving into a semi-custom luxury yachtbuilder as we move upmarket, but we will continue to build both styles. What we've learned from the trawler side has helped on the luxury motor yacht side--and vice versa," he notes. "We are unique because we focus on both types of vessels. And we're committed to being `best of category' as we satisfy the demands of the markets we serve." n

For more information, contact Dave Mahalko, VP of Marketing & Sales, Northern Marine Co. LLC; tel: 360-299-8400, ext. 108; e-mail: [email protected] On the Web:





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