Northern Lakes Economic Alliance • 231-582-6482 • firstname.lastname@example.org
Buck Love, Business Retention & Growth
Michigan congressional leaders, Congressman Jack Bergman, along with Senators Gary Peters and Debbie Stabenow, gave their firm written support to Moran Iron Works as they pursue funding for a MARAD Small Shipyard Grant which would allow them to take on an additional marine project each year, thus creating more jobs.
The MARAD Small Shipyard Grant Program provides grants for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration.
Moran Iron Works identified their need to purchase a Python X CNC Plasma Cutting System which will replace three outdated pieces of machinery. Acquiring this equipment will increase efficiency, accuracy, quality, and profitability, and will allow Moran to take on an additional marine project each year to become more competitive in the shipbuilding industry. Increased competitiveness and efficiency equate to improved job opportunities within northeast Michigan and will add to their existing workforce.
“On behalf of everyone at Moran Iron Works, we thank NLEA, Congressman Bergman, and our Michigan congressional leaders for the offer of firm support,” said Tom Moran, Founder and Chief Executive Officer of Moran Iron Works. “Our country’s infrastructure and defense continue to rely on the success of our shipyards, ports, and waterways; this program is vital to helping U.S. shipyards continue to create new jobs and strengthen the economy of Northern Michigan.”
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