Vicksburg Shipyard locating operations in Warren County

• Vessel repair and maintenance company creating 44 jobs
• Project represents corporate investment of more than $26 million

Jackson, Miss. (March 27, 2025) – Vicksburg Shipyard is establishing vessel repair and maintenance operations in Vicksburg. The project represents a $26 million corporate investment over the next five years and is expected to create at least 44 jobs in Warren County.

A subsidiary of Louisiana-based Terral RiverService, Vicksburg Shipyard is purchasing assets and land at the Port of Vicksburg. Vicksburg Shipyard will service most of Terral RiverService’s 42 boats and more than 200 barges, as well as service many other maritime companies’ boats and barges that may have previously gone out of state for repairs and maintenance.

Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. The Vicksburg Warren Economic Development Partnership also is providing assistance for the project.

Vicksburg Shipyard plans to begin operations immediately.

QUOTES

“The Mississippi River is a vital passageway to domestic and international markets for so many companies with extensive shipping needs. Not only will Vicksburg Shipyard’s new maintenance and repair operations create quality jobs and ensure critical work is performed locally, the project also strengthens river commerce along the Mississippi. Vicksburg Shipyard is another economic development success for our state and for our impressive maritime industry.”– Gov. Tate Reeves

 “Mississippi’s integrated transportation network, including our navigable waterways, is crucial to ensuring companies efficiently get goods to domestic and international markets in record time. Vicksburg Shipyard’s new location at the Port of Vicksburg further facilitates the timely delivery of products to consumers as hundreds of vessels will be maintained right here at home and fit for service that much quicker. Our blue economy is one of the top in the country, and MDA is proud to welcome Vicksburg Shipyard as its newest addition.” – MDA Executive Director Bill Cork

 “We believe Vicksburg Shipyard will not only help Terral RiverService operate more efficiently but will help many of the towing companies and barge lines operating in and around Mississippi and along the Mississippi River. Bringing jobs to the communities we live and operate in has always been a focus of Terral RiverService, and we look to continue that with the growth of Vicksburg Shipyard.” – Terral RiverService CEO Tom Gattle

“Vicksburg Shipyard will be a shot in the arm for the shipbuilding industry in the State of Mississippi and in Vicksburg. These are good-paying jobs for our community that will continue to build on the strength of our local economy and the area’s long term economic strategy.” – Vicksburg Mayor George Flaggs, Jr.

“Warren County’s economy thrives when private businesses see this as a strong place to locate and to grow. Many factors support projects such as this enormous investment by Vicksburg Shipyard, including workforce readiness, competitive tax rates and quality of life for their employees. The Warren County Board of Supervisors is committed to working with leaders of business and industry to strengthen our economic environment as much as possible.”  – Warren County Board of Supervisors President Kelle Barfield