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Weeks Marine Building Two New Oceangoing Dredges

Weeks Marine Inc.(WMI) announced today its plans to build two new dredges: an 8500 cubic yard hopper dredge to be named the Weeks 475, and an ocean-class, 30-inch hydraulic cutter suction dredge named the Weeks 314.

The new dredges represent an investment of more than $125 million, and will create 125 permanent well-paying jobs, according to Richard S. Weeks, WMI president.

The Weeks 315 is under construction at the Corn Island Shipyard in Indiana.

The Weeks 475's engineering package was developed jointly by WMI and IHC Merwede, and the keel will be laid in October of this year. The shipyard has not been announced.

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