80 Years & Going Strong; The Hinckley Company Celebrates with Historic Launch

February 1, 2012

For Immediate Release: Wednesday, February 1, 2012
Contact: Adrienne Bennett (207) 287-2531

Governor LePage congratulates Maine boat builder for commitment to quality and local jobs

AUGUSTA – The Hinckley Company, founded in Southwest Harbor, Maine, has been building and servicing the finest yachts in the world since 1928. On Wednesday, Governor Paul LePage joined company officials and staff to celebrate the launch of the very first yacht of Hinckley’s Talaria T48 series at The Hinckley Company boat yard.

For more than 79 years The Hinckley Company has been producing Maine-made renowned sail and power boats. The Talaria T48 represents another significant achievement. Being the first of the series to be launched is a historical event for the company and Maine boat building.

During Wednesday’s launch the Governor, The Hinckley Company CEO Jim McManus and the Captain of the new Talaria T48, Dan Duffy christened the boat with a bottle of champagne on the bow before safely boarding the vessel for a short ride.

“The craftsmanship of the Hinckley is truly an original piece of art,” said Governor LePage. “The men and women who build these boats have a lot to be proud of. Boat building has a strong tradition here in Maine and The Hinckley Company has built upon that workmanship and I wish them continued success for years to come.”

Maine’s 3rd largest industry, boat building remains an anchor to our economy and continues to realize a need for skilled craftsmen. The Governor’s dedication, support and focus on workforce issues that directly impact Maine’s boat building industry will ensure continued contributions to Maine’s economy.

“My Administration is committed to introducing policies that will encourage job creation,” said the Governor. “A continued focus on balancing the needs of job creators and protecting our environment will assist in revitalizing our economy and provide more job opportunities for Mainer’s.”

Additionally, the Administration’s efforts to steer energy policy in Maine towards lower costs will certainly have a positive impact on Maine’s boat building industry. When competing against boat builders from warmer climates, Maine’s boat builders carry an energy expense that places them at a competitive disadvantage.

In November, Governor Paul LePage visited The Hinckley Company to learn more about what the Administration can do to help the boat building industry. Through the Administration’s assistance, Hinckley has taken advantage of several Maine economic development incentive programs, such as Tax Increment Finance (TIF) and the Community Development Block Grant (CDBG). According to Andy Fitzpatrick, Plant Manager for Hinckley Production Operations, more than 60 employees have been added at the Trenton plant in the past 10 months bringing total employment to 170 Mainers.

At Wednesday’s launch, the head of Hinckley, Jim McManus thanked Governor LePage for the Administration’s support and offered words of encouragement about the past, present and for the future of the Maine company. “Sales exceeded our expectations and the company as a whole enjoyed a very healthy 2011,” said Jim McManus, president and CEO of The Hinckley Company, “We are excited about the prospects for 2012. We continue to invest in new product development and as a result we will continue to launch exciting new models into the marketplace like the Talaria 48 and this summer the new Hinckley T34.”