Avondale Shipyard in New Orleans. The yard historically built amphibious ships for the U.S. Navy. Owners are now exploring using the yard for manufacturing oil and gas infrastructure. Google Photo
Huntington Ingalls Industries closed the sale of its Avondale shipbuilding facility to a joint venture between an industrial redevelopment company and marine terminal operator.
The purchaser, Avondale Marine, will be run by Norfolk, Va.-based T. Parker Host and Hilco Redevelopment Partners,...