Gulf Coast Shipyard Group Investment by Littlejohn
Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has made an equity investment in Gulf Coast Shipyard Group, Inc. Gulf Coast Shipyard Group, is a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets under the brand name TY Offshore, as well as superyachts under the brand name Trinity Yachts. Centrally located on the Gulf Coast of the United States, Gulf Coast manufactures offshore supply vessels, tank barges, military patrol vessels, tugs and superyachts from two facilities located in Gulfport, MS and New Orleans, LA. Gulf Coast entered the commercial vessel market…
Full Speed Ahead for Trinity Yachts
Trinity Yachts, LLC has moved one ) nearly completed yacht and four of their partially built yachts over to their new production facility in Gulfport, Miss. These yachts were towed through the Intracoastal waterways that are strewn with sunken or damaged fishing and pleasure boats left over from Hurricane Katrina. According to John Dane III, President of Trinity Yachts, “The last eight weeks have been very hectic since hurricane Katrina stuck, and with the Ft. Lauderdale International Boat Show quickly approaching, we really haven’t had a chance to pause and reflect on how far we have come. The modern shipyard based in Gulfport, MS., has over 9 acres/3.6 hectares (392,040 sq. ft./119,493 sq. m) of covered building area situated on approximately 50 acres/20.5 hectares of land.
