Goldman Sachs Merchant Banking Division and Altor Fund IV have acquired Navico Holding AS (Navico) — a leading provider of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands. For more information, visit Navico.com. (http://www.Navico.com) .... Read More
Ports of Call
The beauty of Houghton, its sister city Hancock, and the rest of Michigan’s northernmost peninsula, is instantly obvious to anyone who motors, sails or paddles near shore. Settled on the Keweenaw Waterway, Houghton is the largest city in Copper Country and is a year-round getaway off Lake Superior.
Old-growth forests tower above rocky shelves, wide swaths of sugar sand beach dot shorelines accented by boulders and colorful agates, eagles soar from cliffs, and sheltered harbors invite visits to pristine wilderness areas, bordered by villages notable for multi-ethnic traditions dating back three or four generations. But the key to the heart of this region — or so I’m learning from a tour guide at Keweenaw National Historical Park — is often invisible to the eye. It lies many stories beneath the rock formations, which only hint in color and sheen to the story far below. Copper boom “Does anyone have a penny?” ranger Dan Brown asks, prompting frantic digging through pockets to see who can find one first and hand it over. The coin may be relatively worthless for its buying power today, Brown notes, flipping it into the air for emphasis. But it’s of value here for the way it encapsulates the region’s history and claim to fame. Horace Greeley saying, “Go west young man,” was uttering about the Keweenaw — a 75-mile long peninsula of rock shelves and ravines that was home to a mineral rush for copper, pre-dating.....Read More