New York Shipbuilding

New York Shipbuilding (known as New York Ship) was established in 1900 by Henry G. Morse, with the financial support of Andrew Mellon and Henry Frick.  It was designed as a state-of-the-art shipyard and was called New York Shipbuilding because it was originally intended to be located on Staten Island.   In 1916, it was bought by American International Corp. and W. R. Grace, and expanded for the war effort, but it struggled in the post-war years and was sold to American Brown Boveri in 1925.  The yard was fully operational as World War II approached and the Navy invested $25 million to expand its capability.  At its peak, New York Ship employed 30,000 people.  Apart from numerous NAVY vessels, some 10 dredgers were also built over the years
It continued in both naval and merchant shipbuilding after WWII but closed in 1967.