American Commercial Lines Inc. Closes Agreement with Elliot Bay Design Group

American Commercial Lines Inc. (NASDAQ: ACLI) announced that it has closed the previously announced agreement to acquire the assets of Elliott Bay Design Group, Ltd. (“EBDG”) a naval architecture and marine engineering firm. EBDG is located in Seattle, Washington, and has recently opened a second office in New Orleans, Louisiana. The new company, Elliott Bay Design Group LLC, will continue to provide naval architecture, marine engineering and production support to its many customers in the commercial marine industry, while also providing ACL with expertise in support of its transportation and Jeffboat shipyard businesses.