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New Shipyard In Mexico For Tuna Boatsff

23 April 2003 Mexico

The Mexican tuna-canning group Grupomar will be one of the investors in a new naval repair shipyard in the Mexican port of Manzanillo; a project that will generate about 100 jobs.

The Spanish company, Bilbao Shiprepair Centre, will create the center for naval repairs in port of Manzanillo, a venture that will entail an investment near USD 15 million.

The Mexican cannery group Grupomar, is considered the second company in the Mexican Tuna sector. The new corporation to create the shipyard has arisen from the agreement between a group of Basque companies, led by Biscayan Talleres Navales del Nervión (TNN), while the participation of Grupomar is a minority. 

The objective of the project is to start up a floating dock of up to 8,000 tons with three cars (10,000 tons) and harbor facilities.