Colonna’s Shipyard, Inc. (CSI), the oldest continuously operating family-owned shipyard in the United States, has acquired its fourth drydock.
RICHMOND, VA – Governor Glenn Youngkin today announced that Colonna’s Shipyard, Inc. (CSI) is acquiring its fourth drydock, marking a significant milestone for the oldest continuously operating family-owned shipyard in the United States. According to company officials, the new drydock represents a major company investment of over $79 million. Drydock #4 is expected to have an approximate lifting capacity of 25,000 tons, positioning CSI to further enhance its capabilities in providing critical ship repair and maintenance services to a diverse range of maritime clients.
“‘Made in America’ means ‘Made in Virginia,’ and with this major investment by Colonna’s Shipyard, that is especially true for America’s naval shipbuilding and commercial maritime industry,” said Governor Glenn Youngkin. “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. I congratulate CSI on this exciting new chapter and applaud their ongoing commitment to growth in the Commonwealth of Virginia. Together, we’re ensuring that Virginia remains the premier hub for shipbuilding and repair on the East Coast and across the nation.”…