by Russ » September 17, 2010, 12:05 pm
Technically, the Roesch and Thayer were never kinsman boats. They were built by American Shipbuilding for Union Commerce bank. They were managed by Kinsman for a couple years but the bank retained ownership. The bank changed management companies to Pringle Transit in 1976. I suspect the anti-trust action against Steinbrenner/Kinsman influenced the banks decision. The boats were eventually sold to Columbia.
In 1972, Steinbrenner acquired all the boats of the former Wilson and Republic fleets. This gave them one of the largest fleets on the lakes (22 boats) plus the shipyards and resulted in an anti-trust lawsuit filled against them. Steinbrenner/Kinsman chose to keep the shipyards and sold off/scrapped most of the boats. In 1982, the shipyard was permanently closed due to a labor dispute. Kinsman was reduced to a couple of boats that ran seasonally in the grain trade.
Technically, the Roesch and Thayer were never kinsman boats. They were built by American Shipbuilding for Union Commerce bank. They were managed by Kinsman for a couple years but the bank retained ownership. The bank changed management companies to Pringle Transit in 1976. I suspect the anti-trust action against Steinbrenner/Kinsman influenced the banks decision. The boats were eventually sold to Columbia.
In 1972, Steinbrenner acquired all the boats of the former Wilson and Republic fleets. This gave them one of the largest fleets on the lakes (22 boats) plus the shipyards and resulted in an anti-trust lawsuit filled against them. Steinbrenner/Kinsman chose to keep the shipyards and sold off/scrapped most of the boats. In 1982, the shipyard was permanently closed due to a labor dispute. Kinsman was reduced to a couple of boats that ran seasonally in the grain trade.