Ketchikan Shipyard to receive funds for major improvements, upgrades

The Ketchikan Shipyard will receive about $70 million from local, state and federal sources for improvements over the next five years, officials said. The yard, where vessels are repaired, is expected to get a second ship lift and complete plans to expand the yard to its originally planned size over the next several years. “They essentially only built half the (original) plan,” said Ron Miller, executive director of the Alaska Industrial Development and Export Authority.