- Associated Press - Tuesday, April 21, 2015

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.

___

Information from: The New Orleans Advocate, https://www.neworleansadvocate.com

LOAD COMMENTS ()

 

Click to Read More

Click to Hide