Samson Sells Marine Survey Division To Local Management
Samson Ocean Systems, Inc., 99 High Street, Boston, Mass. 02110, rope systems and undersea services company, has sold its Marine Survey Division, it has been announced by Jerry J. Jones, president.
The new company, Ocean Surveys, Inc., has been purchased for an undisclosed price by the former technical, financial, and marketing management of the division. Officers are Alan Bieber, president; Seville Simonds, vice president and general manager, and David Bell, vice president, marketing.
Mr. Jones noted the decision is in keeping with Samson's policy of concentrating its business on mooring systems and undersea services, including commercial diving. In contrast, the business of the Marine Survey Division had been the gathering of engineering site information for marine construction.
Ocean Surveys, Inc. will continue to operate from its present location in Old Saybrook, Conn.
The new company will acquire all the division's ongoing business, assets, equipment, and personnel from Samson Ocean Systems, Inc.
Ocean Surveys, Inc. is presently involved in several projects in the Middle East, Latin America, the Caribbean, and the United States.
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