Gulf Island Fab gets state help

Gulf Island Fabrication Inc. will receive $2.3 million in state assistance for a $29.3 million expansion in Terrebonne Parish. The money will help Gulf Island, which has built offshore drilling platforms since 1985, open a new division to build barges and other marine vessels on the Houma Navigational Channel that leads south from the city to the Gulf of Mexico. The company employes 1,100 people in the Houma area. (Source: Baton Rouge Advocate, 10/11/08)