Dee Burch is now the sole proprietor of Gunderson Marine & Iron, the company announced Aug. 5.

“Recently acquiring all shares of GM&I, Burch assumes the active role of GM&I president, managing day-to-day operations,” according to a company statement. “His deep industry knowledge and longstanding involvement as part-owner uniquely position him to drive the company towards future success.”

“My transition to an active role in the organization is both a profound honor and a tremendous responsibility.”, said Burch. “We stand on the shoulders of giants that have built a stellar 100-plus year history. I am committed to continuing this rich tradition of excellence in barge building while expanding our capabilities in other complex fabrication including bridges, hydro, ships, tugs, and dry docks.”

During the past year Gunderson Marine & Iron has made a substantial increase in its workforce. Notable projects included the completion of the Denali State Park PolyChrome Bridge, the completion of the Makani Loa barge for Lynden Inc., and the construction of a new dry dock at the shipyard in Portland, Ore.

“Burch’s insight into the business, the workforce and the community will be instrumental in navigating this change,” according to the company. “As Terry Aarnio, previous Chairman, Joe Corvelli, COO, and Bob Wise, CFO, transition away from GM&I, the organization ensures a cohesive and strategic approach to guiding the company into its next century with Burch at the helm.”

“With GM&I under private ownership for the last 15 months, we have successfully built a roadmap for success. I am deeply appreciative of the energy and dedication that Terry, Bob and Joe have given to the organization. Without their efforts, the company would not be in the strong position we are in now: on a growth trajectory with a significant backlog.” said Burch.