Hispanic Business TVHispanic Business TV
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
      • Social Media Management
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Reading: Shipbuilder launches $1B Texas investment
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Hispanic Business TVHispanic Business TV
Search
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Have an existing account? Sign In
Follow US
© 2024 hispanicbusinesstv All Rights Reserved.
Hispanic Business TV > Houston > Shipbuilder launches $1B Texas investment
Houston

Shipbuilder launches $1B Texas investment

HBTV
Last updated: June 1, 2026 9:31 pm
HBTV
Share
1 Min Read
SHARE


The company held a groundbreaking ceremony at the Galveston Gulf Copper site on June 1 with state officials such as Gov. Greg Abbott and Sen. Ted Cruz in attendance.

U.S. shipbuilder Davie Defense, which is part of international conglomerate Inocea Group, announced a year ago that it would acquire Gulf Copper & Manufacturing Corp. and its Gulf Coast assets to build icebreakers to be deployed by the U.S. government in the Arctic. Its modernization projects in Galveston and Port Arthur consist of up to $1 billion of investment by the company and $21.8 million in funding from the Texas Enterprise Fund to support the investment.





This story continues below.

The projects are expected to create about 2,400 new jobs and will be completed in 2028, coinciding with the delivery of the first of five icebreakers Davie Defense will supply to the government.



Source link

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article Digital Brands Group Receives Initial Orders for $125M U.S. Program, and Expanded Partnership with GCC – Las Vegas Sun News
Next Article New non-profit’s mission is to mobilize young Latino voters
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
InstagramFollow
- Advertisement -
Ad imageAd image

Latest News

QCC President Luis Pedraja announces retirement
Education
June 1, 2026
New non-profit’s mission is to mobilize young Latino voters
Latino Lifestyle
June 1, 2026
Digital Brands Group Receives Initial Orders for $125M U.S. Program, and Expanded Partnership with GCC – Las Vegas Sun News
Las Vegas
June 1, 2026
Myles Garrett trade is latest for Browns team that makes big moves
Miami
June 1, 2026

Advertise

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

HispanicBusinessTV is your go-to source for the latest in Latino lifestyle, culture, and business news. Stay informed and inspired with our comprehensive coverage and in-depth stories.

Quick links

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

Top Categories

  • Business
  • HBTV Sports
  • Entertainment
  • Culture

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2025 HispanicBusinessTV.com All Rights Reserved. A WooWho Network Digital Property.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?