Seattle-headquartered marine winch and deck equipment chief Markey Machinery experiences that it has closed a progress funding with Christian Schiller and Brian Bogen.
Markey will proceed to function from its present Seattle manufacturing facility and workplace, with all staff remaining on board. Current CEO Blaine Dempke will proceed main the enterprise as CEO and can take part on the Markey board as a big shareholder. Jeff Dempke, who has been with Markey since 2006, will assume the brand new position of basic supervisor and develop into a shareholder. Robert LeCoque will stay actively concerned, offering help to Markey’s clients, and dealing with the Engineering & Sales group.
“Brian and I made an investment in Markey in partnership with current management to facilitate growing the business to the next level,” Schiller stated. “We are impressed with the level of talent and expertise Blaine, Bob and Jeff have assembled at Markey, and believe this is an excellent platform for further growth leveraging Brian’s expertise in the marine industry. There will be no changes to the management, employees or the overall business operations other than to provide the additional expertise, capital and value we bring to help assist Markey’s continued growth.”
Blaine Dempke and LeCoque began working with Markey as youngsters and rose via the engineering division and machine store ranks. They took over administration of the corporate in 1996 and acquired out the Markey household in 1999.
“Christian and Brian are investing in an ongoing commercial enterprise that doesn’t require change,” Blaine Dempke stated. “We are a well-run company with a great reputation and established customer base. We chose to work with Brian and Christian because of their expertise and resources available in addition to a solid familiarity with a marine business which is cyclical and unique.”
Markey Machinery started operations in 1907, when a younger Charles Markey, contemporary from a two-year buying and selling expedition on the Alaska and Siberian coast, launched the C.H. Markey Machinery Company serving each the marine and logging industries.
