Boosting Productivity and Creating Jobs: MARAD Grants Benefit 15 Small Shipyards Across the U.S.

Friday, 12 July 2024, 23:51

MARAD, part of the U.S. Department of Transportation, allocates $8.75 million in grants to 15 small shipyards in 12 states. The aim is to enhance productivity and job opportunities in the shipbuilding sector, supporting economic growth. These grants highlight the commitment to fostering growth in small shipyards, ultimately boosting the nation's maritime industry.
Maritime-executive
Boosting Productivity and Creating Jobs: MARAD Grants Benefit 15 Small Shipyards Across the U.S.

Boosting Productivity and Jobs

The U.S. Department of Transportation's Maritime Administration (MARAD) has presented $8.75 million in grant awards to 15 small shipyards in 12 states.

Supporting Economic Growth

The grants aim to enhance productivity and create job opportunities in the shipbuilding sector, benefiting the overall economy and labor market.

Commitment to Small Shipyards

These grants demonstrate the dedication to supporting growth in small shipyards and fostering sustainability in the maritime industry.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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