Master Boat Modernizes, Expands

 Master Boat Builders, Inc. of Coden has announced that it has invested $7.8 million to modernize and expand its shipbuilding operations. According to AL.com, that figure includes $1.9 million in tax incentives. The project is to create 85 new jobs, adding to Master Boat’s skilled workforce of more than 300 workers. The expansion includes the construction of a new fabrication building, a floating drydock to support new harbor tug contracts, workforce training initiatives and infrastructure improvements. Work on the expansion began in October 2024, and the new facilities are expected to be fully operational by October 2025.