West Brighton company to dispose of dredged materials
The Empire State Development Corporation and the Port Authority of New York and New Jersey recently agreed to provide $3,895,500 of Bi-State Dredging Funds to the Caddell Dry Dock & Repair Company, which will allow it to dispose of approximately 106,000 cubic yards of dredged materials, Rep. Michael E. McMahon announced.
Caddell also will be able to retain approximately 200 jobs at its shipyard, at the foot of Broadway and Richmond Terrace in West Brighton.
Founded in 1903, the family-owned business is known for its work, lifting tugboats, barges and ferryboats out of the harbor brine and onto its docks, where they can be repaired, rewired or repainted.
“We are grateful to Congressman McMahon for working so diligently with the agencies and local elected officials to get this funding approved. We are hopeful that this will solve the dredging issue for us for good and we will be able to continue providing good competitive service to our customers and steady jobs for our employees for many years to come,” said Steven Kalil, president of Caddell.
“I am pleased that Empire State Development Corp. and the Port Authority have stepped in to fund Caddell’s request for bi-state dredging monies,” said McMahon. “Caddell has been providing necessary services in the port of New York and New Jersey for over 100 years now and is an important part of the economy of Staten Island and the greater New York/New Jersey port. This funding will ensure that Caddell can remain competitive with other drydocks along the East Coast and allow it to provide hundreds of local jobs. This is the type of prudent decisions that governments should be coming to with regard to assisting local businesses.”
Port Authority executive director Chris Ward said in a statement, “During difficult economic times, port-related businesses are critical to maintaining a strong regional economy and job base. We’re pleased to assist this business with the resources it needs to remain competitive and to retain the 200 port-related jobs it supports.”
Borough President James P. Molinaro stated: “I was extremely pleased to hear this good news. Caddell Dry Dock and Repair has been a fixture on Staten Island’s waterfront for over a century, and it is a great provider of jobs for borough residents. It is crucial, especially in these tough economic times, to keep Staten Island businesses competitive, and this funding will allow Caddell to remain an integral part of our Borough’s economy.”
City Councilman James Oddo said, “Caddell is one of the shining stars on our waterfront and is an important player in creating jobs for Staten Islanders. It is important that we do all we can to keep our waterfront jobs on Staten Island and create more of them. The reality is that we are an island and the waterfront should be used as an economic engine. This funding is a step in the right direction and will go a long way to ensure that Caddell continues to provide essential services along our waterfront.”
Staten Island Advance