Boat builder moving to Maine

AUGUSTA, Maine -- A Maine company has acquired a Massachusetts boat builder and plans to relocate the business to Maine.

Kenway Corp., a fiberglass manufacturer in Augusta, has bought Maritime Skiff Inc., of Duxbury, Mass., according to the Maine Department of Economic and Community Development.

Maritime Skiff will be renamed Maritime Marine and be a sister company to Kenway Corp., with the same owners and managers.

Maritime Marine will produce power boats from start to finish and ship to dealers directly from Augusta. Ken Priest, company president, said he hopes to double boat production to 300 in the next three to five years.