Company expanding shipbuilding, repair operations

by Associated Press

Published: January 18,2013

Tags: capital investment, economic development, employee, employer, employment, expand, expansion, job, manufacture, manufacturer, manufacturing, maritime, repair, ship, shipbuilding, work, worker

PASCAGOULA — Signet Maritime Corporate has announced plans for a $3.6-million expansion of its shipbuilding and repair operations at the Port of Pascagoula, creating 50 additional jobs.

The company said the 50 spots have already been filled, and those new employees will assist the construction of a new tractor tugboat, Signet Magic, which is a 140-by-40-foot heavy deck barge.

The Sun Herald reports the expansion also will include additional repair work for customer and company vessels, construction of new fabrication and support shops, a new 1,000-foot waterfront bulkhead and more office space.

The company said it is expanding its facilities to meet an increase in demand for shipbuilding and fleet repair.