North Kingstown shipyard gets grant

NORTH KINGSTOWN – U.S. Transportation Secretary Ray LaHood this month announced a $279,677 grant for Senesco Marine LLC to help the company modernize its facilities and increase productivity.
The funding is part of $9.98 million in grants awarded to 13 small shipyards throughout the United States aimed at making the country’s small shipyards more competitive in the global marketplace, LaHood said in a statement. According to the secretary, more than 50,000 Americans are employed by small shipyards in more than 30 states.
The U.S Maritime Administration’s Small Shipyard Grants Program provides money to help this vital segment of America’s maritime industry invest in production equipment, provide technical-skills training for employees and create well-paying jobs by keeping these businesses competitive.
According to LaHood, the program received more than 118 grant applications requesting $105 million in assistance. &#8226