Front Street Shipyard Wins Business Award

Front Street Shipyard of Maine was the recipient of the “Business at Work for Maine” award given by the Finance Authority of Maine (FAME) at its annual Showcase Maine event. The celebration recognizes the partnerships with Maine’s business, lending, governmental and higher education communities.

FAME assisted the shipyard with commercial loan insurance that was used to construct the facility’s new 23,000-square-foot building.

In his remarks, JB Turner, president of Front Street Shipyard thanked FAME, all the organizations who supported the loan for the facility expansion, his fellow partners, and his employees who’ve helped the business grow since its founding in 2011.

FAME is a quasi-independent state agency that provides financial solutions that help Maine people achieve their business and higher education goals focusing on the nexus of economic and educational development.

Front Street Shipyard is a marina and yard, providing services for various types of vessels ranging from small recreational boats to commercial vessels and superyachts. The yard’s team of more than 100 experienced boat service professionals uses both advanced composite construction and traditional boat building techniques.