Rhode Island Jobs with Shipyards Get Funding
Thursday, August 20th, 2009Several Rhode Island jobs will soon be saved as two state shipyards receive federal funding. Visit http://www.rijobs.com to learn more.
Two Rhode Island shipyards will receive $2.6 million in federal funding through the American Recovery and Reinvestment Act to help create and preserve jobs for ship builders. Blount Boats, Inc. of Warren and Senesco Marine of North Kingstown were each awarded the money under the Small Shipyards Grant Program.
Blount Boats, Inc. will receive $868,186 and Senesco Marine will receive $1,792,347. The Small Shipyards Grant program, created under the ARRA, has so far provided $98 million in funding to more than 70 shipyards throughout the country.
