>Maritime Administration Announces $14.7 Million in Grants to Help Small Business Shipyards

>Yesterday, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $14.7 million in grant awards to help improve 17 small shipyards in 16 states. The funds will help these shipyards become more competitive by purchasing modern equipment and training workers. In the Fifth District, Chesapeake Shipbuilding Corporation (Salisbury, MD) received $519,098 for improvements to doors, heaters and air and gas distribution systems; and Earl Industries, LLC (Portsmouth, VA) received $923,496 for laser cutter and two 5-ton bridge cranes. Press release.