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MARAD Awards $20 Million in Shipyard Grants
Maritime Activity Reports, Inc.
(Photo: Eastern Shipbuilding)
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday awarded $19.6 million in grants aiming to help 31 shipyards modernize, increase productivity, and expand local employment opportunities while competing in the global marketplace.
The grants were awarded to shipbuilding and repair yards in 15 states throughout the U.S. as part of MARAD s Small Shipyard Grant Program. Since 2008, the program has awarded $262.5 million to nearly 300 shipyards in 32 states and territories.
“Small businesses are the backbone of the American economy, and small shipyards play a critical role in America’s maritime industry,” said U.S. Secretary of Transportation Pete Buttigieg. “These grants go directly to small shipyards across the country and will help protect and create local jobs, strengthen America’s maritime industry, and bolster our economic secur
WATERTOWN â MetalCraft Marine US, a Kingston, Ontario-based company that manufactured a prototype unmanned vessel for the U.S. Coast Guard, has received a more than $554,000 grant from the U.S. Department of Transportation.
Rep. Elise M. Stefanik, R-Schuylerville, announced Wednesday that MetalCraft Marine US, Inc. in Watertown obtained the $554,237 grant from the DOTâs Maritime Administration program. Both she and U.S. Senate Majority Leader Charles E. Schumer, D-N.Y., helped arrange for the funding.
Last summer, MetalCraft moved into a Watertown plant on Fisher Road in the Jefferson County Corporate Park, where it manufactures a variety of high-powered aluminum patrol, fire and work boats. The company has contracts with the Coast Guard, U.S. Navy, Marines and with such countries as Kuwait, Brazil, Grenada and the Dominican Republic.