Provided through Maritime Administration's Small Shipyard Grant Program, the funding supports employee training and related improvements, including plans at Paducah Barge for acquisition and construction of a new dry dock which will enable the yard to begin hauling barges for vessel repairs.
"These grants help create jobs in America's small shipyards, which play a significant role in our country's maritime sector," Secretary Chao said.
"Small shipyards are an irreplaceable aspect of America's shipbuilding industry," Maritime Administrator Mark Buzby said. "They are a key component to national security and our economic viability as a whole, providing good jobs for hardworking Americans."
