SEATTLE--(BUSINESS WIRE)--Sept. 23, 1999--
Todd Pacific Shipyards Corporation (NYSE:TOD) announced today that it had been awarded a $29 million contract for the overhaul of the Washington State ferry MV Yakima.
The contracting authority is the Washington State Ferry System. The overhaul
Todd will begin the planning effort for the overhaul immediately with the vessel arriving in the shipyard on October 22, 1999. It is anticipated that the overhaul will last 15 months and employ an average of 150 workers.