NEXT: Second-generation Boatbuilder, Innovated Leader, Drew Lyman Takes Familiy Business in New Directions

Source

Mainebiz

Date

10-3-2016

Pages

26-27

Abstract

Drew Lyman, president of Lyman-Morse Boatbuilding Inc., in Thomaston, is a Mainebiz NEXT honoree. He, along with other members of his family, expanded the business from custom construction of high-end yachts to R&D for oceanographic research equipment and solar energy innovation. Diversification is important to buffer the business against slow downs in the economy, where non-essential goods, such as yachts, are not in as high demand. [images]

Subjects

Executives, Management, Boatyards

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