CT Shipyard Awarded $420K Grant
July 31, 2013
The Day: Thames Shipyard & Repair Co. Inc. has won a federal grant of more than $420,000 to help it meet increased customer demand while improving efficiencies.
U.S. Rep. Joe Courtney, D-2nd District, who made the announcement Tuesday, called the Small Shipyard Grant “an important investment in our region’s shipbuilding and maritime industry.” The competitive grant was awarded by the U.S. Department of Transportation.
A recently enlarged drydock at the shipyard on Ferry Street has drawn new business, according to Courtney, while also leading to job growth in the city. The grant will be used to acquire and install an ultrahigh-pressure surface preparation system that will more than double the shipyard’s capacity in this area while offering a more environmentally sensitive system for cleaning vessels.