OUTLOOK 2010: Superior's Fraser Shipyards dreams big about building small boatsWith its acquisition by Fraser Shipyards, Lake Assault Boats has moved its small operation from Elk River, Minn., to Superior.
With its acquisition by Fraser Shipyards, Lake Assault Boats has moved its small operation from Elk River, Minn., to Superior.
Jim Korthals, chief operating officer for Fraser Shipyards, said Lake Assault’s founder will work with five other Fraser employees, including one new hire, as Fraser plans to possibly build Lake Assault’s production up to 30 to 40 boats per year.
“We are going to be undertaking the custom design of all the boats and fabrication of all the boats,” he said. “We are very proud of what we have here.”
Fraser Shipyards is developing a marketing plan to determine the best way to approach production of Lake Assault’s custom fishing boats and emergency response vessels for authorities.
“Building boats is part of Fraser’s core competencies,” Korthals said. “It’s what we’ve done since 1890, so building big boats or small boats, it’s all part of the core competency.”
If growth is possible, Korthals said Lake Assault’s employment could double within several years.