One Ballard maritime company and one company on the other side of the ship canal are getting a boost from the government. Both Kvichak Marine Industries, Inc. and Foss Maritime Company will receive stimulus money as part of the Assistance to Small Shipyards program announced by the U.S. Maritime Administration. According to the announcement, Foss will receive $621,761 for lifts, forklifts, brake press, bridge crane, welding machines, and hydraulic dollies. Kvichak will receive $1,138,602 for crane, aluminum plate processing, and training. Both shipyards are members of the North Seattle Industrial Association. Eugene Wasserman of the NSIA says, “These grants demonstrate the Obama’s administration commitment to the maritime businesses in our area. We share their commitment.” A couple other non-Ballard-area shipyards will also receive stimulus dollars. Todd Shipyards will receive nearly $2 million for a training program and Lake Union Drydock, Co. will get more than $184,000 for IT upgrade, and steel-plate roller.
Local shipyards to receive stimulus money
Better a Navy contract for a few Burke-class DDGs or a few LC ships now that the DDX is down to three ships. I have always thought we should stretch our frigates like the Australians have done with those they possess. As most were built here why not do the work here!
Better yet how about a contract for a few new Washington State ferries to replace the 80+ year old tubs being towed to Mexico for scrapping!! Listening Olympia!!
Wow. Thanks for the loan China! Not sure when or if we will be able to pay you back but thanks anyway!
After quadrupling our debt, the king hands out goodies. How very nice. Were these people broke before this? Is it really governments business to determine winners/losers? How many strings are now attatched to DC? I agree the state needs new ferries also. At least these businesses are still private, for now. Is this the best our senators/congress-people can do? I want a hammock too.
I believe Kvichak dees have the contact to make some new WA State ferries.
Ah, this is the can-do capitalist spirit that made Ballard great.