November 2011 Vol. 24 No. 11
The Voice of Kitsap Business since 1988
Cruising Into Port Orchard Custom yacht builder bringing 50 family wage jobs to town Northcoast Yachts, a builder of custom yachts, has announced that it will relocate its operations from the Port of Tacoma to Port Orchard. Owner Steve Yadvish made the announcement at a press conference at Yachtfish Marine in Port Orchard, which he also owns. He has another Yachtfish boatyard on Lake Union in Seattle. Yadfish purchased the assets of Northcoast in 2003, and reopened the company. “Everything was in place: the yard, the molds, the reputation, and even the workforce,” he stated. “I knew we could build beautiful yachts there — the equivalent of a Rolls Royce on the water.” The firm’s latest vessel is a 125-foot motoryacht, which was one of the stars of the world-renowned, Ft. Lauderdale International Boat Show, which took place in late October. The asking price is reportedly $18 million. The boat was built in Tacoma and shipped to South Florida for the show. Northcoast’s experience includes the design and construction of megayachts, high tech maxi boats, and high performance Cover Story, page 4
Steve Yadvish, owner Northcoast Yachts
$1.50 Display until December 1st
Inside
Human Resources, pg 14
Special Reports:
Real Estate, pp 23-25
Technology & the Internet, pp 6-10
Financial, pp 28-29
Energy Savings, pp 30-31
Environment, pg 33 Automotive, pp 34-35
Editorial, pp 36-38 Port Orchard Chamber, pg 32 Home Builders Newsletter, pp 19-22