Orion to Establish West Coast Base
The items include derrick barges, cranes, hammers and ancillary equipment. Additionally, the company has hired several key personnel with West Coast heavy civil marine construction experience to help establish a new greenfield base to serve the area, including Canada and Alaska. A new yard and office will be established on a waterfront site leased from the Port of Tacoma. Most of the equipment will be leased back to the selling company to facilitate completion of a naval base marine pier project that the seller expects to complete during the latter part of 2010.