Further HAWK reports working on the acquisition of a vertically integrated ship building company that has seen revenues grow by more than 40% year over year and profits growth of over 46%.
This company has seen a resurgence of activity because of the oil and gas industry needing new ways to move products and the Jones Act requiring work on ships in US waters be worked on by US repair facilities.
This Ship building/repair company has 50 acres of undeveloped land to grow its operations further to meet current and expected demand increases.