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Jefferson Parish urges state Bond Commission to back $445M purchase of Avondale shipyard

Por: The Advocate Business February 10, 2023

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With the future of the former Avondale shipyard hanging in the balance, the Jefferson Parish Council is urging a panel of key state officials to support the Port of South Louisiana’s request for $445 million in state-backed bonds to buy the site.The port last month agreed to buy the 254-acre Avondale Global Gateway from Virginia-based T. Parker Host. However, to finance the deal, it must persuade the State Bond Commission -- whose 14 members... + full article



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