Patti Marine Enterprises, Inc will receive almost a half-million dollars to support jobs in the maritime industry in Pensacola thanks to a federal grant.
The United States Department of Transportation's Maritime Administration (MARAD) announced Patti Marine Enterprises, Inc was one of 29 small shipyards to receive funding as part of its Small Shipyard Grant program.
At a news conference Tuesday, Frank Patti, Jr. said this is the first federal grant the shipyard has ever received in its 40 years of existence, making it a historic award.
"We're taking this to the next level, being the fourth generation to Giuseppe Patti who came from Sicily, the Patti tradition continues," Patti said.
The $449,231 grant will be used to purchase a plasma cutting machine and iron worker. Mayor Ashton Hayward congratulated Patti and his family at the event on Tuesday for the big win.
"This is what Pensacola is all about," Mayor Ashton Hayward said. "Small businesses are what make America great. You’re the ones that take the big risk. You take the loans out of the bank. You employ people, so your children can go to college and they can have dreams. The Patti family has made everyone have that opportunity.”