Moody Fabrication & Machine, Inc.

Moody Fabrication & Machine, Inc.
Private
Industry Heavy equipment, Metal fabrication, Tugboat, Barge,
Fate Chapter 11, Title 11, United States Code
Founded June 30, 1994
Founder Max Moody III
Defunct 2014
Headquarters Jacksonville, Florida
Key people
Max Moody III
(President & CEO)
Parent M. D. Moody & Sons, Inc.

Moody Fabrication & Machine, Inc. was a subsidiary of M. D. Moody & Sons, Inc. that manufactured parts for heavy machinery equipment as well as operated barges for the transport of marine and construction equipment. It was located at the Bellinger Shipyard on the Intracoastal Waterway between Jacksonville and Atlantic Beach.[1] In October 2014 M. D. Moody & Sons, Inc. sold the Bellinger Shipyard to Jacksonville Intracoastal, LLC. for $9.4 million.[2]

Operations

Moody Fabrication & Machine, Inc. operated out of the headquarters of M. D. Moody & Sons, Inc. in 1994 fabricating sheet metal and manufacturing parts for heavy machinery. In February 1995 a shipyard on the Intracoastal Waterway called the Bellinger Shipyard was sold to M. D. Moody & Sons, Inc. for $1.9 million by Fruehauf Trailer Corporation.[3] Moody Fabrication & Machine moved to the newly purchased Bellinger Shipyard where it operated for 19 years. Moody Fabrication & Machine utilized the Intracoastal to transport completed products such as tugboats and heavy equipment.

Decline

During the Great Recession in March 2010 Moody Fabrication & Machine declined in business and employees. At the same time M. D. Moody & Sons, Inc. had filed for Chapter 11 Banktruptcy putting the fate of Moody Fabrication & Machine in jeopardy.[4] Because of a decline in business M. D. Moody decided to sell the Bellinger Shipyard while maintaining the operations of Moody Fabrication & Machine. In October 2014 M. D. Moody sold the Bellinger Shipyard to Jacksonville Intracoastal LLC. for $9.4 million. By this time Moody Fabrication & Machine had become defunct.

Gallery

References

  1. Littlepage, Ronald (December 10, 2006). "Development near Intracoastal Bears Scrutiny". Florida Times-Union. Retrieved September 7, 2015.
  2. Thurlow, Andrew. "Waterfront condo development planned for abandoned industrial space that sold for $9.4 million". Bizjournals.com. Jacksonville Business Journal. Retrieved July 12, 2015.
  3. "Fruehauf sells 2nd shipyard". Ocala Star-Banner. Ocala Star-Banner. Retrieved July 13, 2015.
  4. http://www.bizjournals.com/jacksonville/stories/2009/08/10/story9.html?page=all
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