Bollinger Completes Acquisition of Mississippi Shipyards bizneworleans.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizneworleans.com Daily Mail and Mail on Sunday newspapers.
Bollinger's CEO says the deal has strengthened his company's standing in the industrial base, but analysts worry the merger is a bellwether for more consolidation to come - which could impact the Pentagon's shipbuilding plans.
The Mississippi shipyard that is building the Coast Guard’s next heavy icebreaker has officially changed ownership, the company announced on Monday. Louisiana-based Bollinger Shipyards finalized the acquisition of the Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) shipyard following the close of a $15 million deal with former Singapore-based ST Engineering, Bollinger said. “The […]
ST Engineering to exit U S marine business en.portnews.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.portnews.ru Daily Mail and Mail on Sunday newspapers.
This post was updated with a statement from ST Engineering. The Mississippi shipyard that won the contract to build a new class of Coast Guard icebreakers is set to be acquired by a Louisanna shipbuilding group, according to a late Sunday announcement. Bollinger Shipyards has agreed to buy Halter Marine and the adjacent ST Engineering […]