Colonna's Shipyard to invest $30 million in Norfolk, Va., employ 51Staff writer ▼ | December 18, 2015
Colonna's Shipyard, a full-service ship repair facility and home of America's largest marine travel lift, will invest over $30 million to expand its operation in the City of Norfolk, Virginia, creating 51 new jobs.
Expansion The City of Norfolk to see new jobs
Colonna's Shipyard was founded in 1875 by Charles J. Colonna, a 26-year-old ship carpenter, using money that he had borrowed. Because money was short on supply, early business was limited to pier-side repairs.
Within two years, Charles had added his first marine railway that had a lift capacity of about 40 tons and was powered by two horses.
Today, Colonna's Shipyard occupies over 100 acres of land, with water access to over 3,000 feet of vessel/boat berthing space and lift capacity to accommodate all vessels up to 14,000 tons. It also has a marine travel lift capacity of 1,000 metric tons, the largest in the United States. ■