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USDOT Announces Funding for South Carolina Shipyard to Help Increase Productivity and Create Jobs
“Small shipyards strengthen America’s commercial fleet, bolster our economic security, and generate good jobs,” said U.S. Transportation Secretary Pete Buttigieg. “We are proud to support these shipyards reinforce their vital role in the U.S. maritime sector.”
Since 2008, MARAD’s Small Shipyard Grant Program has awarded $303 million to nearly 350 shipyards in 32 states and territories throughout the U.S.
“As shipbuilding technologies continue to advance, Small Shipyard Grants help America’s shipyards acquire the equipment they need to compete, thrive and expand America’s maritime industry,” remarked Maritime Administrator Ann Phillips. “These grants are also economic boosts to the communities in which shipyards are located as well as to our industrial supply chain.”
Additional information and a full list of grant awardees can be found here.