Conrad Shipyard gets improvements grant
Conrad Shipyard received a federal grant of more than $1 million that will increase productivity and efficiency, the U.S. Department of Transportation announced today.
“In cities and towns across America, shipyards are creating jobs and keeping our nation’s economy growing,” said Secretary Ray LaHood. “These small shipyard grants reflect the Obama administration’s commitment to strengthening our transportation systems and creating an economy that’s built to last.”
The grant was part of $9.98 million in grants to 15 small shipyards throughout the United States, the Transportation Department press release said.
The U.S. Maritime Administration’s Small Shipyard Grants Program received 141 grant applications requesting $123 million in assistance. Conrad Shipyard will use a $1,117,019 grant for drydock modernization and upgrades in Amelia to expand its 280-foot, 10,000-ton floating drydock by 2,500 tons in capacity and 70 feet in length.
“They will provide new tools and equipment to help maritime businesses sustain and create good American jobs through increased productivity and efficiency,” said U.S. Maritime Administrator David Matsuda. “These federal investments will fund shipyard essentials.”
Conrad is one of St. Mary Parish’s largest employers, and has a Morgan City facility as well as the Amelia yard.