NEW ORLEANS (AP) - Shipbuilding company Huntington Ingalls and energy infrastructure company Kinder Morgan have decided against pursuing a joint venture that could have brought some work back to Avondale Shipyard.
The New Orleans Advocate reports (https://bit.ly/1cSUERU ) Monday’s news was not a surprise.
After a protracted drawdown that began in 2011, the shipyard closed quietly in December.
In March, Huntington Ingalls pulled the plug on a small outfitting yard it had recently opened in Waggaman after it failed to generate enough work for more than a handful of employees.
Ingalls said its yearlong effort to find a viable alternative use for Avondale has come up empty. Ingalls said it will continue to consider alternatives for the facility, including selling it to a third party, and will continue to work with the state.
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Information from: The New Orleans Advocate, https://www.neworleansadvocate.com
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