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February 22, 2009

Todd gets icebreaker refit contract

According to a release from U.S. Senator Patty Murray (D-WA) Todd Shipyards has been awarded a five-year $29 million contract to retrofit the U.S. Coast Guard's Polar Class icebreaker, Polar Star. As a senior member of the Senate Appropriations Committee, Senator Murray helped secure $30.3 million in the FY2009 Homeland Security Appropriations bill to re-activate the USCGC Polar Star, which is currently in caretaker status.

"This contract is a shot in the arm for our maritime industry at a critical time," said Senator Murray. "It will allow us to move forward with a project in our nation's interest while supporting good-paying, high-skilled jobs in our region."

According to Todd Pacific Shipyards' CEO, Steve Welch, the contract will mean sustaining or creating more than 250 jobs in the Puget Sound region.

"This news couldn't have come at a better time," Welch said. "There are a lot of folks struggling in this economy and ship repair work has an immediate impact on the economy -- putting suppliers to work, as well as our own people." Welch went on to say "I'm proud of the work we do at Todd Pacific Shipyards, honored the Coast Guard has once again selected Todd to be its contractor, and thankful for Senator Murray's leadership; she fought hard to make sure the funding was available and these jobs came to the 'real' Washington."

According to Senator Murray's office, the five-year contract will support 175 employees directly employed by Todd Shipyards and an additional 85 subcontractor employees throughout the Puget Sound.


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