Tacoma Boatbuilding Company
A former Tacoma, Washington shipyard that built commercial, military, and government vessels before closing in 1992.
Last updated August 25, 2026
Overview
Tacoma Boatbuilding Company, also known as Tacoma Boat, was an American shipbuilding company and shipyard based at 1840 Marine View Drive in Tacoma, Washington. Established in 1926, it became part of the industrial and maritime landscape of Puget Sound and constructed vessels for both United States government agencies and other customers. Its output included patrol vessels, icebreaking tugs, ocean-surveillance ships, support vessels, and ships associated with international naval programs. The yard expanded substantially during the 1970s and the early 1980s. This growth was connected in part with the pursuit and execution of large government contracts, which gave the company access to important naval and public-sector work but also exposed it to the financial and operational risks associated with complex fixed-price or highly demanding shipbuilding programs. The company built a number of vessels for the United States Navy and Coast Guard, including the patrol gunboat USS Ready, the USCGC Harriet Lane, and several Bay-class icebreaking tugs: USCGC Katmai Bay, USCGC Bristol Bay, USCGC Mobile Bay, and USCGC Biscayne Bay. It also constructed the Stalwart-class ocean-surveillance vessels USNS Indomitable and USNS Audacious. Tacoma Boatbuilding's work was not limited to domestic government vessels. The yard was associated with the Ratanakosin-class, including Thailand's HTMS Sukhothai, and with the Badr-class, demonstrating its participation in international naval construction. These projects formed part of a broader portfolio that combined government, military, and specialized marine shipbuilding rather than a consumer-facing product brand. The company's rapid expansion ultimately proved difficult to sustain. Problems connected with several large government contracts contributed to severe financial distress, and Tacoma Boatbuilding filed for protection under Chapter 11 of the United States Bankruptcy Code in 1985. It emerged from bankruptcy in 1986, but the reorganization did not restore the business to long-term viability. The shipyard closed in 1992. The company was subsequently liquidated in 1998, ending the corporate entity's operations. Its historical significance rests primarily on its role as a Puget Sound shipbuilder and on the government and naval vessels produced during its operating years.
History
Tacoma Boatbuilding Company was established in 1926 as a shipyard in Tacoma, Washington. Its location on Marine View Drive placed it within the wider Puget Sound maritime industry, a region with long-standing connections to commercial shipping, naval construction, and government vessel procurement. During the Second World War, the yard built many boats, contributing to the wartime expansion of American shipbuilding capacity. After the war, Tacoma Boat continued as a diversified shipbuilder. Its work included vessels for United States government agencies and military customers, as well as ships connected with international naval programs. The documented construction portfolio includes the USCGC Harriet Lane, the USNS Stalwart-class ocean-surveillance vessels USNS Indomitable and USNS Audacious, and the USS Ready patrol gunboat. The company also built multiple Bay-class icebreaking tugs for the United States Coast Guard, including USCGC Katmai Bay, USCGC Bristol Bay, USCGC Mobile Bay, and USCGC Biscayne Bay. International work included vessels in the Ratanakosin class, among them Thailand's HTMS Sukhothai, and vessels of the Badr class. The business grew rapidly during the 1970s and the beginning of the 1980s. Expansion increased the scale of the enterprise, but it also left Tacoma Boat exposed to the challenges of managing several large and technically demanding government contracts. Difficulties associated with those contracts placed pressure on the company's finances and operations. In 1985, Tacoma Boatbuilding sought protection under Chapter 11 bankruptcy proceedings. The company emerged from bankruptcy in 1986, but the restructuring did not produce a durable recovery. The yard was unable to regain sufficient commercial stability and closed in 1992. The corporate business was liquidated in 1998. As a result, Tacoma Boatbuilding is remembered as a defunct American shipyard rather than as a continuing operating brand. Its surviving historical record is principally represented by the vessels it constructed and by its place in the development and contraction of the Puget Sound shipbuilding industry.
- 1998Liquidation
The company was liquidated, completing the end of its corporate operations.
- 1992Shipyard closure
Tacoma Boatbuilding closed its shipyard after failing to recover from its financial difficulties.
- 1986Emergence from bankruptcy
The company emerged from Chapter 11, although it did not achieve a lasting recovery.
- 1985Chapter 11 bankruptcy filing
Financial difficulties associated with several large government contracts led the company to seek Chapter 11 protection.
- 1970Period of major expansion
Tacoma Boatbuilding grew rapidly during the 1970s and into the early 1980s.
- 1940Wartime boat construction
The yard built many boats during World War II as part of the expansion of American wartime shipbuilding.
- 1926Shipyard established
Tacoma Boatbuilding Company was established as a shipyard in Tacoma, Washington.
Products and positioning
A government- and military-oriented Pacific Northwest shipbuilder specializing in patrol, support, surveillance, and other specialized vessels.
USCGC Harriet LaneUnited States Coast Guard cutter
USCGC Harriet Lane, designated WMEC-903, was among the United States Coast Guard vessels listed as having been constructed by Tacoma Boatbuilding. Its inclusion reflects the yard's role in building medium-endurance government cutters and other specialized public-sector vessels.
Stalwart-class ocean-surveillance vesselsOcean-surveillance and support vessels
Tacoma Boatbuilding constructed USNS Indomitable and USNS Audacious, vessels identified with the Stalwart class. These ships represent the company's participation in specialized United States government shipbuilding beyond conventional patrol and coastal craft.
USS Ready (PG-87)Patrol gunboat
USS Ready, designated PG-87, was one of the patrol vessels constructed by Tacoma Boatbuilding. It illustrates the yard's work for United States naval requirements during its period of military ship production.
Bay-class icebreaking tugsCoast Guard icebreaking tug
The yard built several Bay-class icebreaking tugs for the United States Coast Guard, including USCGC Katmai Bay, USCGC Bristol Bay, USCGC Mobile Bay, and USCGC Biscayne Bay. The class formed a significant part of Tacoma Boatbuilding's documented government-vessel portfolio.
Ratanakosin-class vesselsInternational naval vessel
Tacoma Boatbuilding was associated with construction of Ratanakosin-class vessels, including HTMS Sukhothai. This work indicates that the shipyard also served international naval customers in addition to United States government programs.
Badr-class vesselsInternational naval vessel
Badr-class vessels are included among the ships constructed by Tacoma Boatbuilding. The class represents the company's participation in international military shipbuilding projects.
Flagship businesses
- USCGC Harriet Lane (WMEC-903)
- Stalwart-class vessels including USNS Indomitable and USNS Audacious
- Bay-class icebreaking tugs including USCGC Katmai Bay, USCGC Bristol Bay, USCGC Mobile Bay, and USCGC Biscayne Bay
- USS Ready (PG-87)
- Ratanakosin-class vessels including HTMS Sukhothai
- Badr-class vessels
Brand decisions
- 1985Chapter 11 restructuringOther
The company encountered financial and operational difficulties connected with several large government contracts during a period of rapid expansion.
What changed. Tacoma Boatbuilding filed for protection under Chapter 11 of the United States Bankruptcy Code.
Aftermath. The company emerged from bankruptcy in 1986, but the restructuring did not lead to a sustainable recovery. The shipyard closed in 1992 and the company was liquidated in 1998.
Sources
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