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Red Fox Will Build Jackup Barges At Newly Acquired Yard Red Fox Industries, Inc. of New Iberia, La., has purchased Port Fabricators, Inc., a Port of Iberia ship repair yard and fabricator of jackup drilling barges. The final papers in the acquisition, the lat- est in a series of recent expan- sion moves by the company, were signed recently with Port Fabri- cators' owner Louis Michot of Lafayette, La. The 9.5-acre plant, located on the commercial canal at the Port of Iberia, was established late in 1977. Included in the purchase are the company's lease and all im- provements and equipment at the site. Beldon Fox Jr., vice president of Red Fox Industries, stated that all of the Port Fabricators' ap- proximately 70 employees were added to the Red Fox payroll, which prior to the acquisition, numbered about 500 at the port and the Red Fox Machine and Supply Company. The new acquisition will be re- named Red Fox Fabricators, Inc. Its corporate structure and rela- tionship to the other Red Fox companies are still under consid- eration. This purchase is the lat- est in a series of recent expansion moves by the company. Other expansions include the completion of the main fabrica- tion plant at the port, doubling its capacity; increasing pipe shop acreage from one-half to five acres; and purchasing the former Halliburton site at the port, which will be used for heavy fabrication. Plans for the future include en- largement of the corporate head- quarters building, moving the ma- chine and supply company to re- cently purchased property at the Acadiana Regional Airport, and establishing an in-house training facility. Another growing activity of the company is its sales of locally manufactured marine sanitation devices, through 40 domestic rep- resentatives and a growing net- work of agents abroad. Currently, the Red Fox MSDs are sold in 30 countries around the world, and agreements for them to be manufactured over- seas under license are under con- sideration. James Steadman Joins Halter Marine As VP For Special Assignments James W. Steadman has joined Halter Marine, Inc., as vice pres- ident, special assignments, with overall responsibility for the Hal- ter CATUG project at Chickasaw, Ala. Halter is building six of the giant propulsion units for an in- tegrated tug/barge program as a subcontractor to Bethlehem Ship- building, and an additional tug for Sun Ship. James W. Steadman In making the annnouncement, Floyd J. Naquin, president of Hal- ter Marine, said Mr. Steadman is uniquely qualified for his new po- sition because of his 26 years of experience with the Ingalls Ship- building Division of Litton Indus- tries. His most recent position there, until his recent retirement, was vice president of operations. Prior to that, he held various manage- rial positions at Ingalls including director of quality assurance, chief of project engineering, di- rector of program engineering, chief design engineer, and chief engineer of the test and inspec- tion department. Mr. Naquin said the new vice president would be assigned fur- ther responsibilities in the near future, in addition to handling the operations at Halter's Chick- asaw division. 83 A New 5 Month* Ship Repair Record For Lockheed For the Navy, Coast Guard, NOAA, Bureau of Indian Affairs, Washington State Ferries, Alaska State Ferries, Military Sealift Com- mand, and a host of commercial operators, Lockheed is handling the emergency and long-term repair needs of more vessels than ever before. We meet all turnaround requirements, including 24-hour around- the-clock service if necessary. Our ship- building know-how means ship repair can-do expertly and efficiently. Also economically. Get the good news from our estimators. •January through May, 1979 SHIPBUILDING A ISJ • CONSTRUCTION COMPANY 2929 16th AVE. S W PHONE 206-292 5656 SEATTLE. WASH. 98134 CABLE L0CKSHIP Your Advertising Will Get There FIRST In the MOST WANTED Marine/Offshore Magazine TWICE each month ... MARITIME REPORTER delivers the latest and most important industry information FIRST...weeks before the monthly publications. This unique ability to deliver fresh, useful information has made MARITIME REPORTER the most wanted magazine among marine/offshore executives...it is requested, in writing, personally, by THOUSANDS MORE designers, builders and owners of commercial vessels of all sizes than any other marine industry publication in the entire world. Write today for complete information on how your advertising can produce more sales for you in the only CURRENT marine magazine. TWICE EACH MONTH BEST READ BECAUSE IT'S CURRENT MARITIME REPORTER AND ENGINEERING NEWS 107 EAST 31st STREET NEW YORK, N.Y. 10016 (212) 689 3266 3 floating drydocks to 18,000 tons Shipways to 100 x 700 feet • Piers to 1,100 feet 6 ZIDELL Maritime Reporter/Engineering News
