
by Associated Press
Published: Thu, January 01, 2009 - 10:11 am CST
Last Updated: Thu, January 01, 2009 - 10:13 am CST
MOSS POINT, Miss. (AP) - A Moss Point steel and pipe fabricationcompany has been sold to Atlantic Marine Holding Co., which
operates shipyards in Alabama and Florida.
Millennium Industrial and Marine Solutions specializes in onsite
drill rig and off shore vessel repair and conversion.
Atlantic Marine has 800 workers at its Mobile, Ala., shipyard
and 1,000 at two others near Jacksonville, Fla. Millennium employs
about 52 workers.
The business will now operate as Atlantic Marine Millennium.
Officials say the acquisition will Millennium's customers with
access to Atlantic Marine's shore side facilities.
Terms of the deal were not disclosed.
Atlantic Marine provides maintenance, repair, overhaul, and
conversion services for commercial, offshore, U.S. Navy and other
government vessels and mega yachts, as well as marine fabrication
services.
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