Metal Shark Acquires Shipyard and Announces Expansion Plans

Jeanerette, LA – January 24, 2014: Louisiana-based boat manufacturer Metal Shark Aluminum Boats is significantly expanding its operations and has acquired a large waterfront parcel to accommodate the production of larger vessels, the company announced today.

The builder has signaled its entry into the shipbuilding sector with the purchase of a 25-acre waterfront tract located in South Louisiana’s St. Mary Parish. Plans for the new facility call for over 60,000 square feet of manufacturing space, with approximately 100 new employees expected to be hired within the next few years. Infrastructure improvements have commenced at the site, which Metal Shark is transforming into a shipyard capable of supporting aluminum and steel shipbuilding operations for vessels up to and exceeding 250’ in length.

Construction of Metal Shark’s 45’, 55’, and 75’ vessels currently on order and in various stages of assembly at the company’s headquarters in Jeanerette, Louisiana will be transferred to the new yard, where production volume will increase as new, larger offshore vessels are added to the company’s expanding lineup.

Metal Shark vessels 40’ and under, including several models being built under multi-year contracts for the U.S. Coast Guard and U.S. Navy, will continue to be produced at the company’s existing facility in Jeanerette. This facility, which was expanded in 2011 and again in 2012, will be enlarged once more to accommodate present and future growth.

All told, these moves represent an investment of more than ten million dollars by the company.

“Metal Shark has grown exponentially over the past several years, but the size and scope of this newest expansion will completely redefine the company and elevate our role in the marketplace,” said Chris Allard, president of Metal Shark. “While we are expanding our facilities, we are at the same time actively expanding our in-house engineering staff and our in-field training and support team to keep pace with our ambitious slate of new builds.”

In addition to the facilities and workforce upgrades, Metal Shark has also announced substantial investments in new designs. The company’s proven Defiant class of v-bottom pilothouse vessels, with parent craft in service with various military and law enforcement entities worldwide, has been expanded to include vessels up to 100’.

Additionally, the company has announced a new “Endurance” class of pilothouse catamaran vessels. These long range offshore vessels are characterized by their wide beams, efficient hulls, and many crew-friendly features shared with existing Metal Shark models, such as “pillarless glass” pilothouse windshields that increase visibility and operational safety by drastically reducing the dangerous blind spots associated with conventional pilothouse vessels.

All Defiant and Endurance-class vessels may be fully customized to meet a wide range of mission profiles including military; law enforcement; fire rescue; chemical, biological, radiological, nuclear, and high-yield explosive (CBRNE) disaster response; and pilot operations.

While Metal Shark caters to a global customer base and supports a fleet of vessels in service worldwide, the company is quick to credit its Louisiana roots as a key component of its ongoing success.

“Metal Shark has always enjoyed strong support from the State of Louisiana and South Louisiana,” stated Chris Allard. “This long-standing cooperation and pro-business attitude, combined with the region’s skilled workforce, were key factors in our decision making process for this expansion. Louisiana provides the perfect climate for American manufacturing and we’re proud to continue our investment here.”

About Metal Shark:  Established in 1986, Gravois Aluminum Boats LLC, and its government/commercial boat entity Metal Shark Aluminum Boats, are leading suppliers of welded aluminum boats for defense, law enforcement, and commercial entities. Key customers include the United States Coast Guard, Navy, Air Force, Army, and the militaries of partner nations worldwide. From its two fully self-contained facilities in South Louisiana, Metal Shark produces a wide range of custom v-hull and catamaran center console and pilothouse patrol boats, fireboats, skiffs, and speciality vessels ranging from 16’ to 250’. Visit the company’s website at www.metalsharkboats.com.

For more information on this story, contact Josh Stickles at 941.400.8494, or jstickles@metalsharkboats.com.