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TELL CITY – “The economy isn't helping,” Don Foertsch said Wednesday, but he still has every intention of launching Tell City Boat Works.
Foertsch, whose family owns the Corn Island Ship Yard, announced plans nearly a year ago to reopen what used to be the Maxon Marine barge-building site to manufacture tow boats and other marine craft. Efforts toward that goal, which included upward of $4 million in investment and the creation of 50 jobs, have continued, with the recent arrival of overhead cranes serving as evidence.
The new company shares a building with the Perry County Port Authority next to the floodwall opening where Tell City's Ninth Street curves into Boundary Way.
With the national economy affecting many businesses, Foertsch was reluctant to offer a timeline of projected actions, saying only, “I have every intention and belief it will progress.”
He did add, however, “I still have a person up there taking applications.