Kitsap Business and Economy

Daily updates on the local economy, the latest reports and trends that affect us, stories, events and columns. Join the conversation with Kitsap Sun reporter Rachel Pritchett.
Subscribe to RSS

Earl Industries Lease Agreement Approved

July 28th, 2010 by Rachel Pritchett

BREMERTON
Earl Industries LLC, the Portsmouth, Va.-based Navy ship repair company, will move into the Port of Bremerton’s industrial park.
Port commissioners Tuesday approved a $3,960-a-month lease, which buys the use of a 7,200-square-foot building for Earl Industries.
The company is expecting to win a contract from the Navy to perform repair and maintenance work on the big flattop USS Nimitz, due in to Puget Sound Naval Shipyard in December. The $250 million in repairs is expected to occur over 16 months.
Port Chief Executive Officer Cary Bozeman congratulated port real-estate director Tim Thompson for getting the new tenant, saying there were other competitors for the business.
In other action, commissioners gave final approval on the now-completed refurbishing of the 6,000-foot-long runway at Bremerton National Airport. The $3.2 million project that included repaving the runway and improving drainage was paid for almost entirely by the Federal Aviation Administration.

Email This Post Email This Post

Leave a Reply

Before you post, please complete the prompt below.

Enter a word that starts with the letter S: