Wednesday, January 26, 2011

City, county OK money for Austal

MOBILE, Ala. – Shipbuilder Austal USA will get $2.5 million from the Mobile County Commission and another $2.5 million from the Mobile City Council as incentive to help the company expand at its Mobile River yard. The money will be used to pay for construction of a 30,000 square-foot office building to house Navy personnel. Austal, which is building littoral combat ships for the Navy, plans $150 million in capital improvements. (Source: Mobile Press-Register, 01/26/11 and 01/25/11)