Conrad Industries, Inc. announced the award of a $5.6 million contract to build a 95' x 30' x 12'9" Fish Stocking and Assessment Vessel for the U.S. Fish and Wildlife Service of the Department of the Interior. This self- propelled vessel is intended to serve in the Great Lakes. Johnny Conrad, Conrad's President and CEO commented, "The addition of the Fish Stocking and Assessment vessel to our backlog is another example of the diversification of Conrad's product and customer mix. Although this is the first fish stocking and assessment vessel that we have contracted for, the design and construction of this vessel is similar to other projects we have completed in the past. With this addition, our current backlog is approximately $43.0 million."
Thomas M. Kitchen has been appointed to the Board of Directors of Conrad Industries. Kitchen is currently a consultant to businesses and individuals on general business matters and served as president of Avondale Industries from October 1999 until his retirement in January 2002. Kenneth G. “Jerry” Myers, Jr., Conrad’s President and CEO said, “We are extremely pleased to have Tom join our Board. Tom’s shipbuilding experience and financial expertise will be a welcome addition
Conrad Industries, Inc. announced the impacts of Hurricanes Katrina and Rita and the award of contracts totaling $9.4 million to build a 99', 4200 HP Z-Drive Tug for South Puerto Rico Towing Corporation and the 16th ST Tug for the U.S. Army. Johnny Conrad, President and CEO stated "In the wake of the devastation on the Gulf Coast caused by Hurricanes Katrina and Rita, our thoughts and prayers go out to the victims ravaged by these disasters. Hurricane Katrina did not
Conrad Industries, Inc. is expanding its products and services to include aluminum marine fabrication, repair and conversion for both commercial and government customers. The expansion is part of a $5.5 million investment in one of the company's existing facilities in Amelia, La. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO commented, "We are extremely excited to announce our entrance into the aluminum marine fabrication, repair and conversion business via our subsidiary
Conrad Industries, Inc. has entered into a Memorandum of Understanding with the U.S. Army Engineer District, Philadelphia for the issuance of a modification for $4.3m to increase the contract price of the contract entered into in September 2002 to design, construct, test and deliver four towboats. In addition, the agreement provides for time extensions to complete certain aspects of the contract. This agreement was reached to fully
Conrad Industries' subsidiary Conrad Aluminum, LLC won a $2.8 million contract to build a 175-ft. aluminum crew/supply vessel for Diamond Services Corporation of Amelia, La. Construction will begin in the company's new facility in Amelia in November with delivery scheduled for October 2004. When delivered, the vessel will immediately service the oilfield in the Gulf of Mexico. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO, said
Conrad Industries, Inc. announced its first quarter 2008 results and net new business of $21m, including the signing of contracts for the construction of eight barges and a drydock and cancellation of two barges of a four barge contract previously announced. This brings the current backlog to approximately $102.0 million compared to $96.4 million at March 31, 2008 and $81.7 million at March 31, 2007. For the quarter ended March 31, 2008, Conrad achieved net income of $4
1852 - Commodore Matthew Perry sails from Norfolk, VA, to negotiate a treaty with Japan for friendship and commerce. 1964 - USS Princeton (LPH-5) completes 7-days of humanitarian relief to South Vietnam which suffered damage from typhoon and floods. 1969 - HS-4 from USS Hornet (CVS-12) recovers Apollo 12's all-Navy crew of astronauts, Commanders Richard Gordon, Charles Conrad, and Alan Bean, after moon landing by Conrad and Bean.
Conrad Industries, Inc. headquartered in Morgan City, Louisiana announce favourable second quarter results. Conrad Industries, Inc. designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets. The company provides both repair and new construction services at its four shipyards located in southern Louisiana and Texas.
US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog. For the quarter ended September 30, 2012, Conrad had net income of $4.4 million and earnings per diluted share of $0.74 compared to net income of $3.5 million and earnings per diluted share of $0.54 during the third quarter of 2011. The Company had net income of $12.9 million and earnings per diluted share of $2
Conrad Blucher Institute Develops Mobile App to Increase Navigational Safety along Nation’s Second-Largest Port. Researchers have designed and are implementing a new mobile application to provide ship captains and pilots with real-time predictions of ocean water levels and currents
Conrad Industries announces its 2012 financial results and also the addition of new business during Q1 2013. For the quarter ended December 31, 2012, Conrad had net income of $8.0 million and earnings per diluted share of $1.33 compared to net income of $6
US shipbuilder & repairer Conrad Industries, announces its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad achieved net income of $5.9 million and earnings per diluted share of $0.99 compared to net income of $3
Conrad Shipyard, L.L.C. has received the 2012 Award for Excellence in Safety as well as the Award for improvement in Safety by the Shipbuilders Council of America (SCA). Conrad was one of only five member organizations to receive both awards
Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) provided an update today on the impact of the rising waters of the Mississippi River and the Atchafalaya River on its operations. Johnny Conrad, President and CEO stated, “On May 11
Morgan City, Louisiana (August 15, 2011) - Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its second quarter and six months 2011 financial results. For the quarter ended June 30, 2011, Conrad achieved net income of $5.2 million and earnings per diluted share of $0
Cummins Inc. has named Jenny Bush General Manager for the Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Bush will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) globally
The Seamen’s Church Institute (SCI), organized the 12th Annual River Bell Awards Luncheon in Paducah, KY on Thursday, December 8, 2011. The awards paid tribute to three individuals whose labors have significantly enriched America’s waterways
US-bsed shipbuilder Conrad Industries records profit, new orders for barges, cargo/passenger ferry, in 2011 results Conrad Industries, Inc. has announced its fourth quarter and twelve months 2011 results and the addition of new business during the first quarter totaling $61.8 million.
Conrad Industries Inc. announced its fourth-quarter and twelve months 2011 results and the addition of new business during the first quarter totaling $61.8 million. For the quarter ended December 31, 2011, Conrad had net income of $6.8 million and earnings per diluted share of $1
Conrad Incustries announce First Quarter 2012 Results & Backlog For the quarter ended March 31, 2012, Conrad achieved net income of $3.2 million and earnings per diluted share of $0.52 compared to net income of $3.7 million and earnings per diluted share of $0
From Navy News Service: 1952 - USS Iowa (BB 61) bombards Chongjin, Korea. 1973 - Launch of Skylab 2 mission, which was first U.S. manned orbiting space station. It had an all Navy crew of Capt. Charles Conrad Jr. (commanding), Cmdr. Joseph P. Kerwin, and Cmdr. Paul J
From the Navy News Service: 1800 - U.S. Marine Corps Band gives its first concert in Washington, D.C. 1883 - Installation of the first electric lighting on a U.S. Navy Ship completed on USS Trenton. 1920 - Radio station built by U.S
Harley Marine Services orders 4 new Sister-class petroleum barges from Conrad Shipyards of Morgan City, Lousiana. Each double-hulled unit has a carrying capacity of 30,000 barrels and measures 297 feet in length. Once completed the barges will enter the Harley
Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today that its Board of Directors declared a special cash dividend of $2.00 per common share. The special cash dividend is payable to shareholders of record on December 24, 2012, and is expected to be paid on or about December 31, 2012