This industry comprises establishments primarily engaged in operating shipyards. Shipyards are fixed facilities with drydocks and fabrication equipment capable of building a ship, defined as watercraft typically suitable or intended for other than personal or recreational use. Activities of shipyards include the construction of ships, their repair, conversion and alteration, the production of prefabricated ship and barge sections, and specialized services, such as ship scaling.
Illustrative Examples:
Barge building
Cargo ship building
Drilling and production platforms, floating, oil and gas, building
Passenger ship building
Submarine building
| Average Jobs Employed | 25 | |
| Average Loan Given | $408,892 | |
| Number of Loans Given | 683 | |
| Total Amount Loaned | $279,273,080 |
Fabricating structural assemblies or components for ships, or subcontractors engaged in ship painting, joinery, carpentry work, and electrical wiring installation are classified based on the production process used.
This industry comprises establishments primarily engaged in building boats. Boats are defined as watercraft not built in shipyards and typically of the type suitable or intended for personal use. Included in this industry are establishments that manufacture heavy-duty inflatable rubber or inflatable plastic boats (RIBs).
Illustrative Examples:
Dinghy (except inflatable rubber) manufacturing
Inflatable plastic boats, heavy-duty, manufacturing
Inflatable rubber boats, heavy-duty, manufacturing
Motorboats, inboard or outboard, building
Rigid inflatable boats (RIBs) manufacturing
Rowboats manufacturing
Sailboat building, not done in shipyards
Yacht building, not done in shipyards
| Average Jobs Employed | 24 | |
| Average Loan Given | $265,289 | |
| Number of Loans Given | 865 | |
| Total Amount Loaned | $229,475,071 |