International Ship Repair & Marine Services, Inc. (ISR) was awarded a $980,260 federal grant from the U.S. Department of Transportation Maritime Administration (MARAD) to partner in the funding of its new, American made, 275-ton Manitowoc crawler crane.
According to ISR, fierce competition for a portion of the total $9.46 million awarded through its Small Shipyard Grant Program was evident as MARAD received 113 grant applications requesting project funding of more than $96 million. ISR is one of only 11 other shipyard grant recipients from throughout the United States.
This new crane has decidedly strengthened the company’s overall productivity, ISR said, It has fostered greater shipyard production efficiencies, increased competitive advantages and resulted in higher quality repair services to ISR’s customers. This in turn has contributed significantly to ISR’s maintenance of almost 250 shipyard jobs and the potential to further positively impact future growth and development of Tampa Bay’s shipyard workforce and the local maritime industry.
A dedication of Manitowoc 275-Ton Crawler Crane Ms. Kaitlyn was held Friday, April 11, 2014 at ISR’s Tampa, Florida facility. The ceremony was co-keynoted by Congresswoman Kathy Castor and Senator Bill Nelson. The event’s distinguished speakers included George H. Lorton, International Ship Repair CEO and President; Paul Anderson, Port Tampa Bay President/CEO; and Steve Swindal, Chairman Port Tampa Bay Board of Commissioners.