Youngkin Announces New $79 Million Investment at Colonna's Shipyard

Colonna’s Shipyard Invests $79 Million in Norfolk

Colonna’s Shipyard, Inc. (CSI) is acquiring its fourth drydock, marking a significant milestone for the oldest continuously operating family-owned sh...

Colonna’s Shipyard plans to add 4th dry dock to Norfolk campus in $79M investment

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Colonna’s Shipyard to build $79M drydock in Norfolk

(The Center Square) – Colonna’s Shipyard is expanding its Norfolk operations with a $79 million investment in a new drydock, the company’s fourth.

Colonna's Shipyard in Norfolk is investing $79M into fourth drydock

A local shipyard is investing nearly $80 million to build a new drydock along the Elizabeth River in Norfolk.Virginia Gov. Glenn Youngkin's office announced Friday morning that Colonna's Shipyard is investing $79 million into a fourth drydock. The drydock will be able to lift up to 25,000 pounds, which the governor says will help the company repair and maintain ships.Colonna's is the oldest, continuously operating family-owned shipyard in the co…

Youngkin announces new $79 million investment at Colonna's Shipyard

Colonna's Shipyard in Norfolk will invest over $79 million for a new drydock, enhancing ship repair and creating jobs. Expected delivery is the first half of 2028.

Governor Youngkin Announces $79 Million Colonna’s Investment

Tweet Colonna’s Shipyard, Inc. (CSI), the oldest continuously operating family-owned shipyard in the United States, has acquired its fourth drydock. RICHMOND, VA – Governor Glenn Youngkin today announced that Colonna’s Shipyard, Inc. (CSI) is acquiring its fourth drydock, marking a significant milestone for the oldest continuously operating family-owned shipyard in the United States. According to company officials, the new drydock represents a m…