Wesmar changes hands after 52 years
Bruce H. Blakey, founder and President of Wesmar, has announced the sale of his company to local businessman Roger Fellows.
Bruce Blakey founded Wesmar (Western Marine Electronics) in 1965 to develop sonar to help commercial fishermen find fish. His company developed the worldâ€™s first solid state sonar and the worldâ€™s first colour radar, and as the size of private yachts grew, the company added the development of bow and stern thrusters and roll fin stabilisers.
From its beginning, Wesmar exported its products throughout the world. Today the company remains the only US marine sonar manufacturer to design and build products in the USA.
Bruce Blakey has guided his company through some of the most tumultuous times of the marine industryâ€™s history and thanks to innovation, vision, and sound financial practices, Wesmar remained while many others closed or switched to overseas production. Along the way his innovative product designs and early attention to automation created recognition of him as not only an industry leader but also an industry pioneer.
Blakey is selling his lifeâ€™s work to a new innovator who he says is poised to take the company and its products to new heights. The name of the company will remain the same. The companyâ€™s base operations will remain in Woodinville and staff will remain with the company, according to new its owner.
â€˜Wesmar is impressive,â€™ said Roger Fellows.
â€˜It is not every day someone can purchase a company with great potential and a 52-year-old-brand known worldwide. Iâ€™ve been looking for a company to purchase for the past year. My background includes innovative and specialised underwater products for the oil and gas industry, and I believe it fits with Wesmarâ€™s underwater product focus,â€™ he said.
â€˜Wesmar has an established international network of loyal dealers, customers that include private and public, government and municipalities including sonar, bow thrusters, stabilisers serving a wide range of markets.â€™
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