Tacoma’s Martinac shipyard sold at auction

A limited liability corporation calling itself Washington Landmark Holdings LLC purchased the Tacoma’s J.M. Martinac Shipbuilding Co. on Friday for a little more than $6 million in a foreclosure auction on the County-City Building plaza. The amount the corporation paid, $6,001,992.64, was the exact amount including fees and penalties owed to the fishing company that had loaned the shipyard funds to finish a 184-foot fishing boat in December 2012. Read more here 07:40

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