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Sunday, November 17, 2024

Trinity Acquires Gulf Coast Fabrication As 16th Yard In Group

Trinity Industries, Inc. has acquired Gulf Coast Fabrication, a shipbuilder located in Pearlington, Miss., offering new construction, modifications, conversions and repairs. The company will retain its name and will be the 16th shipyard in the Trinity Marine Group. Terms of the transaction were not disclosed. In making the announcement, John Dane III, president of Trinity Marine Group , said, "We are delighted with this acquisition because of the high quality of work produced at Gulf Coast for a long list of repeat customers, and for the addition of Dan Mortimer andFred May, former owners of Gulf Coast Fabrication, to our management team. Dan will remain as president of Gulf Coast Fabrication, Inc. and additionally will become a senior vice president of the Trinity Marine Group. Dan Mortimer and I both worked for Halter Marine, Inc., years ago. Later, we both founded our own companies and he was a tough, but honorable competitor. It's great to have him back on the same side again." For more information on Trinity Circle 8 on Reader Service Card


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