PETERSBURG-AK &nbsp; &nbsp;&nbsp;&nbsp;&nbsp; The property is owned by Petersburg Shipwrights, which announced last fall that it was closing for the winter. The business has the only marine railway in town that&rsquo;s capable of hauling larger boats out of the water for maintenance and repairs. <br />
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;Luhr said he was working on the deal in conjunction with some other local residents. He declined to discuss the financial details. <br />
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;Petersburg shipwrights has been listed for sale with an asking price of 1.65 million dollars.<br />
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;Piston and Rudder is a long-established local business that repairs and installs marine engines as well as hydraulics, electrical systems, machine work and fabrication.&nbsp; The company is currently located in Petersburg&rsquo;s North harbor. Once the deal goes through, Luhr plans to move the whole operation to the shipyard site, just south of downtown. <br />
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;Luhr says the newly expanded business will still be called Piston and Rudder and will continue its existing services along with the same basic operations that were provided by the shipwrights. At this point, Luhr says he has not finalized plans for the ship store, which is part of the shipyard property. He expects to employ between seven and a dozen people including his three current employees. <br />
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;Luhr hopes to open the shipyard in a couple of months.
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