MARAD awards 67 shipyards $98 million in Recovery Act grants.
U.S. Transportation Secretary Ray LaHood has announced that 67 U.S. shipyards will receive grants totaling $98 million in American Recovery and Reinvestment Act of 2009 (ARRA) funds for improvements to shipyard equipment and infrastructure, as well as training for employees. The grants are being made via the U.S. Maritime Administration Small Shipyard Grant Program.
The grants will be going to 25 states and the territory of Guam.
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