MARAD Announces $14.7 Million in Grants for Small Shipyards

Mike Schuler
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April 16, 2010

Today the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $14.7 million in grant awards to help improve 17 small shipyards in 16 states.  The funds will help these shipyards become more competitive by purchasing modern equipment and training workers.

“These grants will help modernize small shipyards and strengthen our economy by making sure we maintain the ability to build and repair ships in the United States,” said U.S. Transportation Secretary Ray LaHood.”

“Small shipyards are an important part of our nation’s shipbuilding industry,” said David Matsuda, Acting Maritime Administrator.  “Shipyards on both coasts, the Great Lakes and our inland waterways will be able to increase productivity and be more competitive as a result of these grants.”

The grants, which are part of the Assistance to Small Shipyards program, will go to shipyards around the country that provide essential services to commercial and government ships.  MARAD received over 160 grant applications requesting $180 million in assistance. The grants support a vital segment of the America’s maritime economy and promote long-term job creation and retention opportunities.

The following shipyards will receive grants for equipments:

The following will receive grants for training programs:

Source: U.S. Department of Transportation

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