June 25, 2008
Bangor OKs shipyard land deal
The Bangor City Council yesterday unanimously approved a land deal that will bring a shipyard and 30 jobs to the shore of the Penobscot River.
The council approved a lease and purchase option that will allow Maine Marine Manufacturing LLC, a subsidiary of East Boothbay-based Hodgdon Yachts Inc., to develop a shipyard on a 16-acre property on the Penobscot River, according to the Bangor Daily News.
Maine Marine Manufacturing will use the shipyard as a manufacturing facility for an all-composite military patrol boat used by the Navy SEALs. If the prototype is successful, the U.S. Navy could end up buying $200 million worth of the patrol boats, the paper said.
The council approved a lease and purchase option that will allow Maine Marine Manufacturing LLC, a subsidiary of East Boothbay-based Hodgdon Yachts Inc., to develop a shipyard on a 16-acre property on the Penobscot River, according to the Bangor Daily News.
Maine Marine Manufacturing will use the shipyard as a manufacturing facility for an all-composite military patrol boat used by the Navy SEALs. If the prototype is successful, the U.S. Navy could end up buying $200 million worth of the patrol boats, the paper said.
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