Washington Companies
- Company typePrivate
- Founded1964
- HeadquartersMissoula, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Washington Companies firmographics
Firmographics- Name
- Washington Companies
- Legal name
- Washington Companies LLC
- Website
- https://washingtoncompanies.com
- Company type
- Private
- Founded year
- 1964
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Washington Companies industry classification
Industry- Product category
- Diversified Industrial Holding Company
- NAICS
- Freight Transportation Arrangement (488510), Specialized Freight (except Used Goods) Trucking, Long-Distance (484230)
- SIC
- Wholesale-Industrial Machinery & Equipment (5084), Water Transportation (4400), Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Mining, Metals & Bulk Project Cargo (TLACAIAC)
- akta.pro secondary industry
- Industrial Machinery & Rigging (Small-Scale) (HSAKAEAN)
Keywords
Where Washington Companies is headquartered
LocationHeadquarters
- HQ city
- Missoula
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Washington Companies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Supply Chain, Operations, Technology or R&D
Revenue model
- Marine Transportation Services: Seaspan Marine generates revenue through marine transportation, ship docking, tanker escort, emergency towing, ship bunkering, and commercial ferry services on Canada's West Coast. Revenue is derived from service fees for tugboat operations, barge freight, and LNG fueling.
- Rail Transportation Services: Southern Railway of BC and Blue Water Rail Services generate revenue from freight transportation, terminal operations, switching services, railcar repair, and track maintenance services across British Columbia.
- Mining Operations: Montana Resources produces copper and molybdenum concentrates from its open-pit mine in Butte, Montana, with ore processed in a crusher/concentrator facility and shipped to smelters. Revenue is generated from metal concentrate sales on the global market.
- Shipbuilding and Ship Repair: Seaspan Shipyards earns revenue from new vessel construction under Canada's National Shipbuilding Strategy, as well as conversion, refit, repair, life-cycle maintenance and refurbishment services for naval and commercial vessels.
- Heavy Equipment Sales and Rentals: Modern Machinery sells and rents heavy equipment and supplies parts and service support across the Pacific Northwest. Revenue comes from equipment sales, rentals, parts sales, and service labor.
- Environmental Remediation Services: Envirocon provides environmental remediation, ecological restoration, geotechnical construction, and decommissioning and demolition services for government and commercial clients, earning revenue through project-based contracts.
- Aviation Technology: Aviation Partners develops and markets the Blended Winglet Performance Enhancement System for business jets, generating revenue through technology licensing and sales.
Go-to-market motion2 records
Distribution channels6 records
Marketing channels3 records
Washington Companies product offering
Product offeringCore offering
The Washington Companies is a privately held industrial holding company operating across transportation, mining, construction, and shipbuilding sectors through subsidiaries. It delivers marine and rail freight transportation services, operates an open-pit copper and molybdenum mine, distributes heavy construction equipment, builds and repairs ships for government and commercial clients, and provides environmental remediation and aviation winglet technology.
Product overview
The Washington Companies is a diversified industrial holding company consisting of multiple privately held subsidiaries operating across transportation, mining, construction, shipbuilding, and aviation sectors. The portfolio includes marine transportation and tug/barge services (Seaspan Marine, Seaspan Ferries, Seaspan Energy, HaiSea Marine), rail transportation (Southern Railway of BC, Blue Water Rail Services, SVI Rail Link), mining operations (Montana Resources copper/molybdenum mine), heavy equipment distribution (Modern Machinery - one of the largest Komatsu dealers in the US), environmental remediation (Envirocon), shipbuilding and repair (Seaspan Shipyards with Vancouver Shipyards, Victoria Shipyards, and Vancouver Drydock facilities), and aviation technology (Aviation Partners with its Blended Winglet system). The companies operate independently while sharing common values of safety, integrity, and excellence, and are overseen by leadership including President & CEO Mark Lamarre and a Board chaired by Kyle R. Washington.
Differentiator
Problem solved
Functional benefit
Brands
- Dennis and Phyllis Washington Foundation: The major philanthropic organization for The Washington Companies and the Washington family, supporting organizations benefiting at-risk youth, economically and socially disadvantaged individuals and families, and those with special needs.
Products and services
- Seaspan Marine Transportation World-class marine transportation, ship docking, tanker escort, emergency towing, and ship bunkering services on Canada's West Coast. Operates over 100 barges and 30+ tug boats across the largest and most diverse tug and barge fleet in Western Canada.
- Seaspan Ferries Daily commercial roll-on/roll-off ferry service between British Columbia's Lower Mainland (Tilbury in Delta and Surrey) and Vancouver Island (Duke Point Nanaimo and Victoria/Swartz Bay), operating over 18 sailings a day with LNG-powered vessels.
- Seaspan Energy LNG fueling services and energy transformation solutions for the international marine sector. First company in Canada to provide ship-to-ship LNG bunkering, offering low-carbon solutions for ship owners looking to decarbonize operations.
- HaiSea Marine Tugboat Services Ship-assist and escort towing services to LNG carriers at LNG Canada's export facility in Kitimat, operating one of the greenest tugboat fleets in the world including the fully electric HaiSea Wamis and dual-fuel LNG vessels. Joint venture majority owned by the Haisla Nation in partnership with Seaspan ULC.
- Seaspan Shipyards Full-service shipbuilding and ship repair with strategic locations including Vancouver Shipyards (prime shipbuilding for the National Shipbuilding Strategy), Victoria Shipyards, and Vancouver Drydock. Builds large complex non-combat vessels for the Canadian Coast Guard and Royal Canadian Navy and provides ship repair, conversion, refit, and life-cycle maintenance for commercial and naval clients.
- Southern Railway of British Columbia (SRY) Major freight transporter in British Columbia operating over 125 miles of track, 30 locomotives, and interchanging with four North American Class I railroads. Moves 65,000 carloads of freight annually serving agriculture, forestry, automotive, consumer goods, and industrial sectors.
- Blue Water Rail Services Full-service transportation services provider in Western Canada offering terminal rail operations, logistics, switching services, engineering and mechanical services, railcar repair, and track and maintenance of way services for first and last mile delivery.
- SVI Rail Link (Southern Railway of Vancouver Island) Freight railway operations on Vancouver Island operating over 140 miles of track, connected to the continental North American rail network via SRY's rail-barge service at the Annacis Rail Marine Terminal in Delta, BC.
- Montana Resources Copper and Molybdenum Mining Open-pit copper and molybdenum mining near Butte, Montana. Has produced over 2.5 billion pounds of copper, 300+ million pounds of molybdenum, and 22.5 million ounces of silver since 1985. Ore reserves sufficient for mining beyond 2054.
- Modern Machinery Heavy Equipment Sales and Rentals Premier Komatsu heavy equipment dealer in the Pacific Northwest with 11 branches across Idaho, Montana, Oregon, and Washington. Sells, rents, and services construction, mining, aggregate, and forestry equipment including Komatsu Smart Construction technology solutions and intelligent machines.
- Envirocon Environmental Remediation Environmental remediation, ecological restoration, geotechnical construction, and decommissioning and demolition services for government and commercial clients across 46 US states. Has completed over 3,500 projects.
- Aviation Partners Blended Winglet System Develops and markets the patented Blended Winglet Performance Enhancement System for business jet aircraft. Creates aerodynamically superior winglets with a distinctive configuration that reduces drag, improving range, performance, and fuel economy for aircraft retrofits.
Quantifiable outcome
- GHG emissions reduced by up to 85% through RNG use in LNG-powered vessels
- +3 more outcomes
Companies that use Washington Companies
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles6 records
Washington Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Washington Companies partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- FortisBC Energy Inc.coreSeaspan Ferries partnered with FortisBC to pilot the use of Renewable Natural Gas (RNG) to reduce greenhouse gas emissions from its LNG-powered ferry fleet. FortisBC provides certified carbon-neutral RNG sourced from captured biogas, enabling Seaspan to reduce emissions by up to 85% versus traditional diesel fuel.
- Haisla NationcoreHaiSea Marine is a joint venture majority owned by the Haisla Nation in partnership with Seaspan ULC. The joint venture provides ship-assist and escort towing services to LNG carriers at LNG Canada's export facility in Kitimat, operating one of the greenest tugboat fleets in the world including the fully electric HaiSea Wamis.
- KomatsucoreModern Machinery is one of the largest Komatsu dealers in the United States, operating 11 branches across Idaho, Montana, Oregon, and Washington, selling and renting heavy equipment with Komatsu's Intelligent Machine Control technology.
Scale indicators19 records
Recent moves7 records
Expansion highlights6 records
Washington Companies competitors and assessment
Company assessmentDirect peers
- Seaspan Corporation: Container ship lessor (NYSE:SSW) that was originally incubated by Washington Companies and IPO'd in 2006. Comparable as a Seaspan-affiliated marine asset operator and shares the same family control heritage.
- Finning International: Canadian Caterpillar equipment dealer with a similar heavy equipment distribution model to Modern Machinery. Direct comparable as a major heavy equipment dealer serving mining, construction, and forestry customers.
- Davie Shipbuilding: Quebec-based Canadian shipbuilder and third prime contractor under Canada's National Shipbuilding Strategy, building icebreakers and support vessels. Competes with Seaspan Shipyards for federal naval and coast guard contracts.
- Irving Shipbuilding: Halifax-based Canadian shipbuilder and competitor under Canada's National Shipbuilding Strategy (AOPS and Arctic Patrol Ships). Direct comparable in the same government shipbuilding program as Seaspan Shipyards.
- Tidewater Inc. Global offshore marine services operator with the world's largest fleet of vessels supporting offshore energy. Comparable to Seaspan Marine on marine service operations, vessel fleet management, and energy-end-market exposure.
Broad incumbents
- Babcock International: UK-headquartered defense and naval shipbuilding company with global government shipbuilding programs. Comparable to Seaspan Shipyards on the strategic-partner naval shipbuilding model with multi-decade government contracts.
- Komatsu: Japanese heavy equipment OEM and parent partner of Modern Machinery's distribution franchise. Comparable as the principal equipment supplier whose products Modern Machinery sells across the Pacific Northwest.
- Freeport-McMoRan: Major US-headquartered copper and molybdenum miner with open-pit operations. Closest large-cap comparable to Montana Resources for copper/molybdenum price exposure and open-pit mining economics.
- Canadian National Railway: North American Class I freight railroad with Canadian operations and intermodal infrastructure. Comparable to SRY as a Canadian-headquartered rail freight operator serving industrial and resource customers.
- Teck Resources: Canadian diversified miner with copper and steelmaking coal operations. Comparable to Montana Resources on the Canadian mining side and on energy-transition copper demand exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Washington Companies social profiles
Digital presenceWashington Companies compliance and trust
Trust signalCompliance5 records
Washington Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Washington Companies leadership team
Management profileNumber of profiles
Profiles14 records
Washington Companies subsidiaries and ownership
Company hierarchySubsidiaries12 records
Washington Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Washington Companies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Washington Companies
What does Washington Companies do?
The Washington Companies is a privately held industrial holding company operating across transportation, mining, construction, and shipbuilding sectors through subsidiaries. It delivers marine and rail freight transportation services, operates an open-pit copper and molybdenum mine, distributes heavy construction equipment, builds and repairs ships for government and commercial clients, and provides environmental remediation and aviation winglet technology.
Is Washington Companies a public or private company?
Washington Companies is a private company. It is classified as family owned and is currently operating.
When was Washington Companies founded?
Washington Companies was founded in 1964. It employs 51 to 100 people.
Where is Washington Companies based?
Washington Companies is headquartered in Missoula, United States, in the North America region.
How does Washington Companies make money?
Seven revenue lines are on record. Marine Transportation Services are the primary driver. The others are rail Transportation Services, mining Operations, shipbuilding and Ship Repair, heavy Equipment Sales and Rentals, environmental Remediation Services and aviation Technology.
Who are Washington Companies's main competitors?
Direct peers on record are Seaspan Corporation, Finning International, Davie Shipbuilding, Irving Shipbuilding and Tidewater Inc.. Broad incumbents are Babcock International, Komatsu, Freeport-McMoRan, Canadian National Railway and Teck Resources.
Does Washington Companies have an API?
No public API is recorded for Washington Companies.
What industry is Washington Companies in?
Washington Companies's product category is Diversified Industrial Holding Company. Its primary akta.pro industry code is TLACAIAC, Mining, Metals & Bulk Project Cargo, with a secondary code of HSAKAEAN, Industrial Machinery & Rigging (Small-Scale). Its NAICS code is 488510 and its SIC code is 5084.