Gov. Youngkin announces $79M investment from shipyard in Norfolk

NORFOLK, Va. (WAVY) – Gov. Glenn Youngkin announced Thursday that Colonna’s Shipyard Inc. (CSI) is acquiring their fourth drydock, marking an investment of over $79 million to the city of Norfolk.

The drydock #4 project is slated for delivery in 2028, allowing CSI to enhance their abilities to providing critical ship repair and maintenance services to a diverse range of maritime clients.

“The acquisition of this new drydock is not just an investment in infrastructure, it’s an investment in the long-term strength of our national defense and commercial fleet support,” said Youngkin…

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