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The largest union at Navy shipbuilder Bath Iron Works in Maine overwhelmingly approved a new three-year contract, the union said Sunday, averting another strike like the one three years ago that ...
Bath Iron Works ( BIW) is a major United States shipyard located on the Kennebec River in Bath, Maine, founded in 1884 as Bath Iron Works, Limited. Since 1995, Bath Iron Works has been a subsidiary of General Dynamics, one of the world's largest defense companies. BIW has built private, commercial, and military vessels, most of which have been ordered by the United States Navy.
The 2020 Bath shipbuilders strike was a labor strike involving shipbuilders at Bath Iron Works in Bath, Maine, United States. The strike, which started June 22, involved 4,300 members of the International Association of Machinists and Aerospace Workers. The strike ended on August 23 with the approval of a new labor contract.
The new yard, called the Todd-Bath Iron Shipbuilding Corporation, was to be an entirely new facility located on a piece of mostly vacant land located adjacent to Cummings Point in South Portland, Maine, for the purpose of building 30 cargo ships. The mission, likewise, negotiated with a different consortium made up of Todd along with a group of heavy construction companies in the Western U.S ...
Jul. 28—NEW HIRES Jonathan Crasnick has joined Atlantic Federal Credit Union. Crasnick, of Scarborough, has more than 15 years of experience in commercial real estate lending and development.
In 1995, General Dynamics purchased the privately held Bath Iron Works shipyard in Bath, Maine, for $300 million, diversifying its shipbuilding portfolio to include U.S. Navy surface ships such as guided-missile destroyers. [20] In 1998, the company acquired NASSCO, formerly National Steel and Shipbuilding Company, for $415 million.
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