State officials say the Thames Shipyard and Repair Co. has agreed to pay the penalty to settle the civil pollution case that it violated environmental laws at the facilities on the Thames River where it repairs and services commercial vessels.
The settlement calls for the company to spend $568,311 on projects to improve its shipyard and the surrounding environment.
Shipyard President John Wronowski says the fine and required activities are substantial, but the settlement allows the shipyard to operate and be in full compliance with all state environmental requirements.