Jeffboat To Reopen Shipyard; Will Resume Construction Of Barges And Towboats

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—Literature Avaialble— Jeffboat, a subsidiary of American Commercial Lines Inc., recently held a press conference to announce plans to reopen its towboat and barge construction facilities at the Jeffersonville shipyard during the third quarter of 1989.

"We are looking forward to resuming production at the Jeffboat facilities," said Robert Greene, president of the company. "We will proceed with a phased plan of production and anticipate that over the long term, we will experience a measured and steady growth in our operations.

"I am confident that the employees of this shipyard in 1989 will continue Jeffboat's tradition of producing high-quality, state-of-theart vessels—and delivering them at competitive prices," said Mr. Greene. "Jeffboat's fine reputation was built this way over the last 50 years, and we intend to continue it." Initially, production work will focus on hopper barges, tank barges and towboats for inland waterways barge industry.

Beginning about midyear, approximately 200 employees will be added to the Jeffboat work force. The company currently has 70 employees, who provide drydock and other repair services to the barging industry. Jeffboat plans to seek funds for employee training from the state of Indiana. In addition, the company will ask the Campaign for Greater Louisville to assist in the rehabilitation of the facility, where vessels have not been built since 1986.

The Campaign for Greater Louisville presented Mr. Greene with a letter of commitment for $50,000 toward facility rehabilitation. The presentation was made by John C. Ragland, president of the Liberty National Bank of Southern Indiana and a director of the campaign. Jeffboat began operations in 1938 as Jeffersonville Boat and Machine Works. During World War II, the company built ships for the U.S. Navy, including 124 landing ships. Over 6,000 vessels have been launched by Jeffboat since its founding.

American Commercial Lines, a subsidiary of CSX Corporation, Richmond, Va., is one of the nation's largest inland marine transportation companies, with affiliates in barging, marine construction, repair and communications. Besides, Jeffboat, its subsidiaries include Watercom and American Barge Line, which operates primarily along the Mississippi, Ohio, Illinois and Missouri rivers and tributaries to the Gulf Intracoastal Waterway. For free literature detailing the vessel construction and repairing facilities of Jeffboat,

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