M a i n Iron Works Y a rd Acquired By Molaison
Main Iron Works, Inc. (MIW) of Houma, La., has been purchased from Sonat Marine Inc. of Philadelphia by Leroy J. Molaison, returning the shipyard to private ownership.
Sonat marine, a subsidiary of Sonat Inc. of Birmingham, Ala., acquired MIW in 1979. Throughout its ownership, MIW has maintained a high market share in both new construction and more recently in vessel repairs.
In business since 1947, MIW has continuously adapted to the changes in the vessel construction and repair market. From the first steel vessel the yard built in the early 1950s to the latest modern designs, MIW has been a leader in the design of tugboats for use in the oilfields, in harbors, and on oceans throughout the world.
Recent improvements to the Houma facility, including an expanded drydocking area and a 3,500-ton drydock, should enable MIW to meet the future needs of the changing maritime industry. With the major emphasis currently on conversions and repowering of older vessels, MIW has a long and varied background in doing such work.
Other services at MIW include a complete ABS-certified machine shop, woodworking shop, electrical shop, and the capacity for mechanical and hydraulic repairs to a wide range of vessels including tugs, supply boats, jackup barges, riverboats, cargo barges, and inland drilling barges. Drydocking capacity ranges from 300 to 3,500 tons.
Throughout the change in ownership the management of Main Iron Works has remained intact. In addition to Mr. Molaison as president, current officers include Wayne Piazza as executive vice president, and Harvey P. Landry and Henry Brunet as vice presidents. Other management personnel at the facility include Norris P. Guidry, supervisor of fabrication and repairs; Louis Prosperie, machine shop supervisor; and Kenneth Breaux, electrical supervisor.
These employees represent more than 140 years of combined experience.
For additional information on MIW, C i r c l e 2 5 on Reader Service Card
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Content
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