Ports of Indiana Secures $25m Federal Grant to Support Expansion
Ports of Indiana has been awarded a $25 million federal “BUILD” grant from the U.S. Department of Transportation (USDOT) to support a $32 million expansion of its Jeffersonville port. This grant is the largest federal award in Ports of Indiana’s 65-year history.The BUILD program (Better Utilizing Investments to Leverage Development) is administered by USDOT to provide grants for surface transportation infrastructure projects with significant local or regional impact. This week…
Gladding-Hearn Leverages Grant Funding for Shipyard Safety, Efficiency
Financial support from federal and state agencies helped Gladding-Hearn Shipbuilding, Duclos Corporation, in undertaking capital projects that have made its shipyard operations more efficient and safer.With a Small Shipyard Grant from the U.S. Maritime Administration (MARAD), the yard replaced heavy bi-fold doors on its 12,000 square foot Walker St. facility. It took two cranes and as many as six employees to open the doors, explained Peter Duclos, shipyard co-president and director of business development.
