Ellicott Receives $1.75 million Grant from Marad
The grant is for $1.75 million.
Ellicott's project, entitled "Efficient Dredge Building," will create and retain more than 20 jobs, increase the company’s crane capacity and modernize its machining capabilities. It will also help pay for modern welding equipment and state-of-the-art IT systems for manufacturing and engineering.
Ellicott is among 70 successful award winners out of almost 500 applicants under a MARAD program to promote productivity at leading U.S. shipyards. Ellicott was the only dredge supplier to receive a MARAD award.