By Ryan Wynne
Triton Marine Industries recently closed its two Bellingham locations and consolidated its retail, manufacturing and repair services under one roof at 5375 LaBounty Drive in Ferndale.
Jeff Lindhout, president of the company, said the move is the result of lagging revenues in the marine industry in general, to which Triton is not immune.
“In the past two years, I would say the marine industry has taken quite a beating,” he said.
Triton reduced its operations and staff to weather this storm. Lindhout said at one point the company had about 95 employees, but is now down to 15. Triton has also cut in half the number of boats it builds each month and is now only producing four boat lines ― it used to produce five.
Lindhout said the company is not alone, and that consolidations are happening industrywide to reduce expenses.
“The industry got hit pretty hard,” Lindhout said. “It has been a tough storm we’ve been going through, but I think we are positioned well.”
The new, smaller operation is not only much simpler, Lindhout said its also much more sustainable and that if the industry improves, which it has already started to do, Triton will be well poised to bounce back.
Lindhout said the company will continue to offer all of the services it did at the old locations, just on a smaller scale, which is better for the bottom line. He also said the company’s new location is better for business because it is visible from Interstate 5.
Triton Marine Industries is the builder of the C-Dory, Skagit Orca, Tomcat and Osprey boats, and offers a full service marine repair facility and fiberglass shop. For more information, call (360) 393-3283.