KGMI News Reporting
By Mike Curtiss
BELLINGHAM, Wash. – A small shipyard in Bellingham is getting nearly $1 million in federal funding.
The $999,100 federal grant to All American Marine in Fairhaven comes from the U.S. Maritime Administration’s Small Shipyard Grant program.
Matt Mullett, President and CEO of All American Marine, says they’ll use the money to purchase new overhead cranes and other equipment.
He says the grant helps small boat builders stay competitive.
The money will also help All American Marine expand into a new, larger facility that will allow them to build bigger ferry boats.
Mullett says the market for larger ferry boats is good and they are currently bidding to build two boats for the King County Ferry District.
They plan on hiring an additional ten to 15 people when the new facility is built.