UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Commission File Number 1-5109
TODD SHIPYARDS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 91-1506719
(State or other jurisdiction of (IRS Employer I.D. No.)
incorporation or organization)
1801- 16th AVENUE SW, SEATTLE, WASHINGTON 98134-1089
(Street address of principal executive offices - Zip Code)
Registrant's telephone number: (206) 623-1635
Item 5. Other Events
On January 31, 1995 the Company issued a press release announcing
that the Company's wholly owned subsidiary Todd Pacific Shipyards
Corporation signed a contract for the construction of one Jumbo
Mark II Class Ferry for the Washington State Department of
Transportation (the "DOT"), with an option, excersisable by the
DOT, for the construction of two additional ferries of the same
class.
Item 7. Financial Statements and Exhibits
(c) Exhibits
28-1 Press Release dated January 31, 1995.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Dated: January 31, 1995
/s/ Michael G. Marsh
By: Michael G. Marsh
On Behalf of the Registrant as
Secretary and General Counsel
CONTACT: Roland H. Webb
VP and General Manager
(206) 623-1635 x400
TODD SIGNS CONTRACT FOR CONSTRUCTION OF WASHINGTON FERRIES
Seattle, WA...January 31, 1995...Todd Shipyards Corporation ("Todd")
reported today that its wholly owned subsidiary, Todd Pacific
Shipyards Corporation ("Todd Pacific") has signed a contract with the
Washington State Department of Transportation ("WSDOT") for
construction of one Jumbo Mark II Class Ferry. Todd has previously
reported on December 30, 1994 that Todd Pacific was the apparent low
bidder for this contract.
The contract was signed yesterday, January 30, 1994 at a signing
ceremony held at Todd Pacific's shipyard in Seattle, Washington.
Speaking at the ceremony were Roland Webb, Vice President and General
Manager of Todd Pacific; Patrick W.E. Hodgson, Chairman and CEO of
Todd; Tim Sullivan, Secretary and Treasurer of the Puget Sound Metal
Trades; Sid Morrison, Secretary of the WSDOT; Norm Rice, Mayor of
Seattle; and Kathy Fletcher, Executive Director of the People of Puget
Sound.
The contract is expected to generate 350 direct jobs and 200 indirect
jobs in the Seattle region.
