April 11, 2019

Irwin Jacobs - Photo Courtesy of Jason Sealock - Wired2FishPhoto Courtesy of Jason Sealock - Wired2Fish

According to the Minneapolis Star Tribune on April 10 2019, Irwin Jacobs and his wife were found dead in an apparent murder-suicide. A close friend of Jacobs says that a handgun was found on a bed inside the Lake Minnetonka home of the prominent businessman. 

The two people were found dead Wednesday morning by authorities in the Lake Minnetonka area home of prominent businessman Irwin Jacobs, and a close friend and business associate said they died from murder-suicide.

Orono Police Chief Correy Farniok said that the bodies were in a bed along with a gun, which was recovered by officers who responded to the Shoreline Drive home of Irwin Jacobs and wife Alexandra shortly after 8:30 a.m.

Someone who “enters the house routinely” called authorities about the deaths, said Farniok, who said the official release of the two people’s identities will be made by the Hennepin County Medical Examiner’s Office by Thursday.

Dennis Mathisen, a longtime business associate of Irwin Jacobs and close friend, told the Star Tribune Wednesday afternoon that Irwin killed his wife and himself.

Mathisen, who described himself as a “very dear friend” of Irwin Jacobs, said he learned of the deaths and that Irwin was responsible while speaking with son Mark Jacobs and a secretary for Irwin Jacobs.

Mathisen said Alexandra Jacobs, who had been Irwin’s wife for 57 years and mother to their five children, “had been in a wheelchair for the last year or so and had signs of dementia. Irwin was just distraught over her condition.”

Jacobs, 77, owned a minority share of the Minnesota Vikings in the 1980s, before selling that share. He also bought the Grain Belt beer company in the mid-1970s, along with its distinctive brewery in northeast Minneapolis, and later sold the beer brand to G. Heileman Brewing Company and the brewery to the city of Minneapolis.

Jacobs made a fortune as a corporate raider who bought and liquidated failing companies at a profit.

For more than 40 years, he has owned J.R. Watkins Co., the Winona-based maker of soaps and other household products that are sold around the country. He owns Jacobs Trading Co. in Hopkins, a retailer specializing in liquidation of merchandise.

He owned boat maker Genmar Holdings Co., which went through a lengthy bankruptcy restructuring earlier this decade.

Featured Articles

  • Prev
Kelowna Yacht Club is the first facility in the province’s Interior region to be awarded Clean ...
The world’s oldest continuously operating fibreglass boatbuilding company is Hourston Glascraft in ...
Getting his Peterson 29 Foxy Lady ready for what will be his 53rd consecutive Chester ...
On July 31st, 2019, Mercury Marine Canada announced that they will be partnering with Georgian ...
Since 1976, the Marine Museum of the Great Lakes at Kingston has been dedicated to celebrating our ...
Marine Service Technician Certification 3-day Prep Course for Trade Qualifiers: August 20-22 in ...
The International BoatBuilders’ Exhibition and Conference (IBEX) has announced a series of ...
Beginning on Tuesday, August 20, 2019 in Annapolis, Md., BENETEAU will host a five-day launch ...
Saltspring Island Sailing Club (SISC) has doubled its eco-certification ranking in the Clean ...
The Association of Marina Industries is offering a new webinar on Marina Electrical ...

HOURSTON GLASCRAFT LTD.

 

Hourston Glascraft at Port Hardy Government DockThe world’s oldest continuously operating fibreglass boatbuilding company is Hourston Glascraft in North Vancouver. 

Charles ‘Chuck’ Hourston was born in Vancouver, BC in 1923. He attended Vancouver Technical School before serving in the Canadian Army during the Second World War. He was an avid hockey player and played for the Army. After the War, in 1948, he worked for Hamish Davidson (Davidson Manufacturing Ltd.) building Sabot sailboats. Davidson experimented early with the new technology of fibreglass in boat construction, and Hourston taught himself the art of building hulls with this material. His first boat was a dinghy.

Read more about Hourston Glascraft Ltd................

 

Changing Scene

  • Prev
Tiara Yachts and Tiara Sport along with the Marine Retailers Association of the Americas have ...
Boating Ontario shared this important information from the ESA (Electrical Safety Authority) with ...
METSTRADE and RAI Amsterdam are pleased to announce the opening of entries for the 29th edition of ...
Last week, five boats from the Long Beach Yacht Club started the 50th Transpacific Yacht Race from ...
Travelopia Yachts, the world’s premier yacht charter business and parent company to charter ...
Located in Victoria Harbour, the luxury Victoria International Marina has earned the ...
We learned from the Composites World newsletter that Composite Advantage LLC (Dayton, Ohio, ...
Swedish yacht equipment manufacturer Rutgerson announces new partnership with Quebec-based ...
North Vancouver’s Lions Gate Marina has achieved eco-certification by Georgia Strait Alliance’s ...
On May 30th, 2019, BRP Inc. (TSX:DOO; NASDAQ:DOOO) reported its financial results for the ...

BRP COMPLETES ACQUISITION OF TELWATER, AUSTRALIAN LEADER IN ALUMINUM BOATS

Acquisition of TelwaterOn August 1st, BRP (TSX:DOO; NASDAQ:DOOO), announced the completion of the previously-announced acquisition of 80% of the outstanding shares of Telwater Pty, Ltd ("Telwater"), Australia's leading manufacturer of aluminum boats and trailers. 

As BRP’s third boat acquisition, Telwater’s addition to the Marine Group is another step in helping create a strong offering and foundation to expand into new markets, with the objective of transforming the marine industry as it did for powersports. 

 

Read More about The Acquisition of Telwater....................

 

 

THE MOORINGS AND SUNSAIL UNVEIL MASSIVE INVESTMENT IN CHARTER OPERATIONS IN 2019

The Moorings and Sunsail investmentTravelopia Yachts, the world’s premier yacht charter business and parent company to charter brands The Moorings, Sunsail and Footloose, has announced unprecedented investment into its charter products in 2020. 

Following the devastation of Hurricane Irma in the fall of 2017, Travelopia moved quickly to re-establish operations in its flagship Caribbean destinations, reopening in the British Virgin Islands in December of 2017 and in St. Martin in February of 2018, with an ongoing investment of over $130 million into its charter business.

Read More about the The Moorings and Sunsail............