Home » NEWS » Manufacturing » Mississippi shipyard expanding for Coast Guard icebreaker
JACKSON COUNTY

Mississippi shipyard expanding for Coast Guard icebreaker

A shipbuilder is expanding on the Mississippi Gulf Coast after receiving a $746 million contract to make a heavy icebreaker for the U.S. Coast Guard.

Mississippi officials say Monday that VT Halter Marine will invest $37.5 million at its Pascagoula shipyard and is expected to create 900 jobs the next five years.

Mississippi Development Authority is providing a $12.5 million grant for a dry dock and $1.5 million for workforce training.

The Navy announced in April that Halter Marine received the contract to build the Coast Guard’s first new heavy icebreaker since 1976. It said most work will be done by Halter in Pascagoula and some in New Orleans and Metairie, Louisiana.

Expansion in Pascagoula will begin late this year, and the company expects to deliver the icebreaker in 2024.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press