U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards under the U.S Maritime Administration's (MARAD) Small Shipyard Grants Program, MarineLog reported.
"These grants will help improve our ability to build and repair ships in the United States, strengthening our economy and helping position these small businesses and shipyard workers to be better prepared to win the future," said Secretary LaHood.
"This money will help train workers and buy new tools and equipment," said U.S. Maritime Administrator David Matsuda. "Having these essential needs taken care of will help these small shipyards be more productive, efficient, and able to sustain good jobs for American workers well into the future."
MARAD received over 118 grant applications requesting $105 million in assistance. The grants fund a variety of projects, including infrastructure improvements and modernizing equipment to increase the efficiency, competitive operations, and quality construction of vessels in U.S. shipyards.
"These grants will help improve our ability to build and repair ships in the United States, strengthening our economy and helping position these small businesses and shipyard workers to be better prepared to win the future," said Secretary LaHood.
"This money will help train workers and buy new tools and equipment," said U.S. Maritime Administrator David Matsuda. "Having these essential needs taken care of will help these small shipyards be more productive, efficient, and able to sustain good jobs for American workers well into the future."
MARAD received over 118 grant applications requesting $105 million in assistance. The grants fund a variety of projects, including infrastructure improvements and modernizing equipment to increase the efficiency, competitive operations, and quality construction of vessels in U.S. shipyards.