Port of Walla Walla Commissioners have unanimously agreed to purchase the Martin Archery plant site in Walla Walla
and lease the bow manufacturing facility to a new firm, Martin Sports, Inc., to put the 60-year-old company back
on target.
According to Port Commission President Paul Schneidmiller, the transaction involves acquiring 4.67 acres of
property, along with the production buildings, for $1.3 million. Martin Sports, Inc., affiliated with Diversis
Capital LLC, is entering into a 10-year lease for the site that includes an “option by buy.”
“Martin Archery had fallen on hard times,” Schneidmiller explains. “The Port believes retaining manufacturing
operations and jobs in the Walla Walla Valley is an important business retention effort. Martin reccurve and
compound bows are still in demand and we look forward to working with Martin Sports to return the
business to profitability and increased employment.”
While the number of employees has fallen to 20 from an
historical high of 100, Martin Sports, Inc. officials expect a quick
transition to meet existing orders and suggest the addition of
another 20 workers in the near term.
Schneidmiller emphasized, “The Port Commission believes
business retention efforts are an essential part of our mission to
create and retain family wage jobs.” Assisting with the Martin
project is a “real life example” of the Port fulfilling its role as the
lead economic development agency for Walla Walla County. |