Conrad Industries Inc. Stock Analysis CNRD

Conrad Industries, Inc. engages in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The company is headquartered in Morgan City, Louisiana and currently employs 616 full-time employees. Its segments include vessel construction and repair and conversions. The vessel construction segment involves the building of new vessels, often including engineering and design. The repair and conversions segment involves work on existing vessels. These vessels include large and small deck barges, crane barges, spud barges, docking barges, tank barges, flood gates, split-hull dump scows, dredges, drydocks, inland and offshore tugboats, tow boats, multi-purpose tugboats, LPG (liquified petroleum gas) barges, LNG (liquified natural gas) bunker vessels, lift boats, ferries, anchor barges, and other offshore support vessels. Through its subsidiaries, it operates five shipyards: one in Morgan City, Louisiana, three in Amelia, Louisiana and one in Orange, Texas.