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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.