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Press release content from Business Wire. The AP news staff was not involved in its creation. Bollinger Shipyards Acquires Gulf Island Fabrication’s Shipyard Facilities April 19, 2021 GMT LOCKPORT, La. (BUSINESS WIRE) Apr 19, 2021 Bollinger Shipyards (“Bollinger”), a privately-held leading designer and builder of steel military and commercial vessels for the past three quarters of a century, today announced that it has acquired Gulf Island Fabrication, Inc.’s (“Gulf Island”) (NASDAQ: GIFI) Shipyard facilities, expanding Bollinger’s new construction and repair capacity and capabilities to better serve its key defense and commercial customers. Financial terms of the transaction were not disclosed.

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