Congressman Mario Diaz-Balart

Representing the 25th District of FLORIDA

Diaz-Balart Announces Shipyard Grant to Miami-Based Glasstech

Jul 26, 2018
Press Release

WASHINGTON ­­– Congressman Mario Diaz-Balart, Chairman of the House Appropriations Committee on Transportation, Housing and Urban Development (FL-25), released the following statement announcing a $715,000 Small Shipyard Grant under the Department of Transportation’s Maritime Administration (MARAD) to Miami-based shipyard Glasstech Inc. This is the first time a Southern Florida shipyard has received an award from the program, which began in 2008. As Chairman of the House THUD Appropriations Committee, Diaz-Balart is responsible for funding the Assistance to Small Shipyards program, which helps modernize and upgrade shipyards across the United States. In turn, this leads to more jobs and a bigger impact on the local economy.

“On Friday, I was pleased to join Glasstech's leadership and employees to announce the company was awarded a grant for $715,000 under MARAD. In my transportation and housing bill for fiscal year 2019, I funded the grant program that supports small shipyards like Glasstech at $20 million. I know how important these grants are to family-owned businesses, and these dollars will go a long way in helping them upgrade their capacity, allowing for bigger vessels to be serviced,” said Diaz-Balart.

“I'm glad to be in a unique opportunity to help small and mid-sized businesses across the country, especially those right here in Florida's 25th District. I thank Secretary Chao for her willingness to work with me to ensure that we are prioritizing the needs of our communities and entrepreneurs and bolstering our local economy,” Diaz-Balart continued.

"On behalf of our dedicated employees, we are grateful for the strong Congressional support from Rep. Diaz-Balart, as well as the rest of the delegation on this project," said Glasstech Inc. President Nelson Fernandez, Jr. "This grant will help modernize Glasstech's Miami River shipyard facility and allow us to serve more of the region's maritime community, both domestic and foreign, by providing competitive vessel repair services."

In the fiscal year 2018 bill, Diaz-Balart increased the Assistance to Small Shipyards program set aside by $10 million to $20 million, and funded it at the same level in the fiscal year 2019 bill.

Photo attribution: The Office of Rep. Diaz-Balart


Photo attribution: The Office of Rep. Diaz-Balart


Photo attribution: The Office of Rep. Diaz-Balart


 

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