New Shipyard to Locate at the Port of Vicksburg
mktalliance2025-03-25T21:50:59-05:00Vicksburg Shipyard will be a shot in the arm for the shipbuilding industry in the State of Mississippi and in Vicksburg.
New Shipyard to Locate at the Port of Vicksburg
The Vicksburg Warren Economic Development Partnership announced today that a new company named Vicksburg Shipyard is establishing vessel repair and maintenance operations at the existing Port of Vicksburg. The project represents a $35.6 million corporate investment over the next five years and is expected to employ 44 people in Warren County.
Vicksburg Shipyard, a subsidiary of Louisana-based Terral RiverService, is acquiring assets and land at the Port of Vicksburg. The new entity will service Terral Riverservice’s fleet of boats and barges and service other maritime companies’ assets that would have previously gone out of state for repairs and maintenance. This strategic move ensures that critical maritime maintenance stays within Mississippi, further bolstering the state’s economy and Vicksburg’s role in the Mississippi River commerce.
The City of Vicksburg, the Warren County Board of Supervisors, and the Vicksburg Warren Economic Development Partnership assisted the project’s location in the community. The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program.
Gov. Tate Reeves, expressed his excitement about the […]