On the upper reaches of Stage Harbor in Chatham, Massachusetts, two hours south of Boston and on the site of famed yacht designer and builder Spaulding Dunbar’s Mill Pond Boatyard, has stood Pease Boatworks and Marine Railway (PBW) since it was founded by brothers, Mike and Brad Pease, in 1982. This spring, however, sees a change of ownership and name.
After 35 years of business, the Pease brothers are passing on the company to general manager, Woody Metzger, and master builder, James Donovan, both Cape Cod natives and accomplished sailors. The yard will now be called First Light Boatworks & Marine Railway Inc.
Metzger and Donovan both started boatbuilding in their teens. Before the age of 20, Metzger had his own boat repair business. At the same age, Donovan began…