American Inland Shipyard Jeffboat to Close After 180 Years
American inland shipyard Jeffboat will certainly be closing its doors after greater than 180 years in the ship and also barge structure sector, the shipbuilder verifiedMonday
Located on the Ohio River in Jeffersonville, Indiana, Jeffboat is the country’s biggest and also lengthiest consistently run inland shipyard, yet its organization has actually been struck by a decrease in orders over the last a number of years which has actually currently compelled the business to reduce its labor force by greater than 80%.
Jeffboat’s closure was verified over the weekend break by the Teamsters Local 89 employees union, which was informed of the information on Friday.
“It is with heavy hearts that we confirm reports that Jeffboat, the nation’s largest inland shipbuilder and one of Local 89’s oldest companies, is shutting down,” the union claimed in a declaration uploaded toFacebook “Over the last several years, the shipbuilding industry has seen a massive decline and while this cycle has occurred in decades past, this time it was unfortunately too much for the company to bear.”
The historical Ohio River shipyard was established 1834 as Howard Shipyard, structure riverboats throughout the elevation of the boat age. With the United States’ access right into World War II, the shipyard won agreements from the united state Navy which permitted its labor force to blow up from about 200 prior to the battle to an optimal of 13,000. After the battle, Jeffboat took control of procedures and also transformed its emphasis to inland barges and also towboats for the industrial market.
Today, Jeffboat focuses on the style and also building and construction of inland barges, towboats and also ocean-going vessels at the 80-acre Jeffersonville, Indiana shipyard, where it has actually developed 12,900 vessels over the last 80 years.
Jeffboat is had by American Commercial Lines and also is the producing department of American Commercial Barge Line, a leading carrier of inland barge transport solutions.
ACBL verified Jeffboat’s closure in a declaration to gCaptain in which the business pointed out a surplus of barges that has actually triggered orders to go down dramatically over the previous 3 years. As lately as a couple of years earlier, Jeffboat utilized as lots of as 1,300 employees, yet discharges have actually lowered that number to simply 220 presently.
“Following recent Worker Adjustment and Retraining Notification Act (WARN) notices of November 1, 2017 and February 1, 2018 announcing layoffs, Jeffboat president and CEO Mark Knoy said they will finish construction of barges by the first of May, the statement said. “Following the closure, Jeffboat will be reviewing the best alternative uses for the 65 acres of riverfront property currently occupied by the shipyard.”
“While we’re very sorry that market conditions have left us with no choice but to close Jeffboat.” Knoy claimed, “The shipyard closure will not have an impact on ACBL’s barge freight business or its customers, vendors and teammates.”
Below is a video clip with even more regarding the background of Jeffboat: