Fraser Shipyards gets federal grant for new crane

By: WDIO
Some good financial news for Fraser Shipyards. Congressman Tom Tiffany announced the company is receiving a $817,000 grant from the U.S. Department of Transportation.
The funding comes through the Small Shipyard Grant Program, which Tiffany has long supported.
The funding will help Fraser Shipyards purchase a Link-Belt 130-ton Telescopic Boom Rough Terrain Crane to enhance its operations.
“The Trump administration’s commitment to maritime dominance is producing real results for small shipyards across the country, including right here in Wisconsin,” said Congressman Tiffany. “This investment not only strengthens our domestic supply chain and bolsters national security, but also supports the future of shipbuilding in the Twin Ports region.”
Read the article here.