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 December 30, 1994 the Company issued a press release
announcing that the Company's wholly owned subsidiary Todd
Pacific Shipyards Corporation was the apparent low bidder 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 September 10, 1993
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 2, 1995
By: Michael G. Marsh
On Behalf of the Registrant as
Secretary and General Counsel
Exhibit 28-1
FOR RELEASE: December 30, 1994
CONTACT: Mr. Roland Webb, Todd Pacific Shipyards
(206) 623-1635 (x400)
TODD LOW BIDDER FOR WASHINGTON FERRIES
Seattle. Todd Shipyards Corporation announced today that
its wholly owned subsidiary Todd Pacific Shipyards
Corporation is the apparent low bidder for the construction
of one Jumbo Mark II Class Ferry for the Washington State
Department of Transportation. The contract includes an
option, exercisable by the Washington State Department of
Transportation, for the construction of two additional
ferries of the same class. The bid price submitted by Todd
Pacific Shipyards Corporation for the three ship project was
$181,568,153.
Washington State Department of Transportation expects to
complete bid evaluation within two to five working days.
The contract specifications call for the award of the
contract within twenty days of bid opening.
If all options are exercised, the construction contract is
expected to extend through calendar year 1999 and employ, on
average, approximately 350 additional shipyard workers.
