Wrangell’s Bold Shipyard Vision | Anchorage News

Wrangell, Alaska, is poised to build a massive, multi-million-dollar shipyard designed to service ferries, Coast Guard vessels, research ships, and even military vessels — a bold move to revive its economy after the timber industry’s collapse. With a projected cost of $605–726 million and a $50 million grant in the pipeline, the project will roll out in phases, led by JAG Marine Group and developers Pearlson & Pearlson. Locals fiercely rejected cruise ship use, insisting on blue-collar, trades-based jobs — a lifeline for a town that lost hundreds of jobs in the 90s. At full capacity, the shipyard could employ 500 people, injecting critical economic momentum. JAG, already operating in other Alaskan ports, sees strong local support and favorable conditions for industrial growth — but the dream hinges on securing the massive funding needed to turn plans into reality. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9fa04cbf254ca4f8