Erie Shipbuilding LLC continues construction on the new 840-foot-long tug and barge unit worth $50 to $60 million dollars. Construction on the barge recently began, and the tug's hull is already in place in the drydock and is waiting on engines that have yet to be delivered.
The company, however, despite this contract, has not been immune to the recent global economic slowdown, having recently laid off more than half of its work force. The company has also cut back to just one shift.
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