This industrial marine dry-dock facility filed for bankruptcy in mid 2013 after owing its 208 creditors more than $12 million.
Started in 1946 the company concentrated on repair work, then started lengthening & rebuilding vessels in 1947. The facility employed more than 1,000 in its prime. By 2006, it laid off its last 35 employees before another company came in and bought and restructured the company.
I have read that In September 2014, a new company had purchased the Dry Docks for a price of $12.62 per sq. ft. or $1,350,000.
The purchase involved the sale of a heavy manufacturing facility, formerly used as an industrial ship repair facility with up to 62’ clear ceiling height and office space.
There are definitely still some missing pieces to this story as one building on the property is surrounded by demo fence and another large building is entirely empty.
The dry-dock has a johnny on the spot in it, some welding equipment and a radio that was actually playing while I was down there. Another building on site had power and some new looking vehicles inside, I decided not to venture into that building.
I did spot one security guard parked at his post, but he didn't move during the time I was there.