Superyacht builder Westport bought by Louisiana investor

Westport Shipyards, one of Florida’s largest shipyards, has been purchased by a wealthy Louisiana investor. It has been confirmed that the company will continue to employ skilled, local workers and remain part of the communities that Westport serves.

Gary Chouset, principal of the Chouset family said, “We are pleased to join the Westport family and look forward to pursuing the synergies that exist between the Chouest companies, ACY, and Westport.”

Westport Shipyard Inc has been renamed Westport LLC and on Friday 6th June, signed a new contract with the Port of Grays Harbour. The company leases a warehouse from the port to build its selection of yachts.

Stan Pinnick, port commission president said, “We are pleased to hear the hundreds of jobs tied to our local economy will be retained and we look forward to establishing a prosperous business relationship with the new ownership.”

Daryl Wakefield, president of Wesport commented, "Gary has always been passionate about our industry and we are honoured to count him as a customer and now our majority owner, as well.”

Retention of the activity in the region is good news for the Grays Harbour area, Kayla Dunlap; a spokesperson for the port said, “We are excited the jobs will continue, and what new ownership will bring for jobs here, and getting to know new owners and starting a new relationship.”

Westport currently employs 400 people at three sites in Washington; its Westport headquarters and facilities in Grays Harbor and Port Angeles, as well as at an office in Florida.

The purchase comes at a time when the Washington yacht industry is recovering after a slump during the 2009 recession.

For more information, visit Westport.

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