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Bollinger acquires VT Halter Marine for $15 million
| 题名： | Bollinger acquires VT Halter Marine for $15 million |
| 正文语种： | eng |
| 摘要： | Bollinger Shipyards, Lock-port, La., announced in November that it has completed the $15 million acquisition of VT Halter Marine Inc. and ST Engineering Halter Marine Offshore (STEHMO). The newly acquired yards have been renamed Bollinger Mississippi Shipbuilding and Bollinger Mississippi Repair. The VT Halter shipyard in Pascagoula, Miss., consists of 225,000 sq. ft. of covered production area in the main fabrication assembly buildings. The facility can build Panamax-sized vessels up to 50,000 dwt. and features an expanded 740' tilt-beam launch system. Bollinger purchased the companies from ST Engineering North America, a Virginia-based technology, defense and engineering group. In addition to the $15 million purchase price, Busan, South Korea-based ST Engineering Ltd. may receive additional payments of up to $10.25 million, subject to the award of certain future shipbuilding contracts to Halter Marine that meet required operating profit margins. The sale includes 378 acres comprising two shipyards in Pascagoula and two dormant yards north of Pascagoula. The Pascagoula facilities are strategically located with direct, deepwater access to the Gulf of Mexico and include corporate office space, engineering, fabrication, warehousing, and a foreign trade zone. |
| 出版年： | 2023 |
| 期刊名称： | Work Boat |
| 卷： | 80 |
| 期： | 1 |
| 页码： | 14-14 |
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