Conrad Industries Announces Second Quarter 2020 Results and Backlog
Morgan City, Louisiana (August 14, 2020) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its second quarter and six months 2020 financial results and backlog at June 30, 2020. For the quarter ended June 30, 2020, Conrad had net income of $482,000 and earnings per diluted share of $0.10 compared to net loss [...]
Robert Socha Joins Conrad Shipyard’s Senior Management Team
Conrad Shipyard, LLC (Conrad) is pleased to announce the addition of Robert A. Socha, to the Conrad team as Vice President of Sales and Marketing. In this role, Robert will lead the company’s sales and marketing efforts. He will work collaboratively with other Conrad business groups, including Business Development, Engineering and Product Development, Contracts, [...]
Conrad Industries Announces Contract Signing for 6,500- cubic-yard-capacity Trailing Suction Hopper Dredge
Conrad Industries, Inc. (OTC Pink: CNRD) announced today that its subsidiary, Conrad Shipyard, LLC, has entered into a contract to construct a 6,500- cubic-yard-capacity Trailing Suction Hopper Dredge with Great Lakes Dredge & Dock Corporation (“Great Lakes”). The contract gives Great Lakes the option to build an additional dredge should market conditions warrant. The [...]
Conrad Industries Announces First Quarter 2020 Results and Backlog
Morgan City, Louisiana (May 14, 2020) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2020 results. For the quarter ended March 31, 2020, Conrad had net income of $414,000 and income per diluted share of $0.08 compared to a net loss of $307,000 and loss per diluted share of $0.06 [...]
Conrad Shipyard Delivers 6,000 HP Canal Barge Towboat
Morgan City, LA: Conrad Shipyard has delivered the 6,000-horsepower towboat, H. MERRITT ‘HEAVY’ LANE, JR., to Canal Barge Company, Inc. (CBC) of New Orleans. Built at Conrad Amelia, the Sub-chapter M-compliant vessel measures 166’ x 49’ x 12’ and is powered by EPA Tier IV-compliant EMD engines. The H. MERRITT ‘HEAVY’ LANE, JR. utilizes [...]
Conrad Industries Announces 2019 Results and Backlog
Morgan City, Louisiana (March 31, 2020) – Conrad Industries, Inc. (OTC Pink: CNRD) today announced its 2019 results and backlog. The Company had net income of $86,000 and earnings per diluted share of $0.02 for the twelve months ended December 31, 2019 compared to net income of $198,000 and earnings per diluted share of [...]
Conrad Industries Announces Third Quarter 2019 Results and Backlog
Morgan City, Louisiana (November 14, 2019) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its third quarter and nine months 2019 financial results and backlog at September 30, 2019. For the quarter ended September 30, 2019, Conrad had net income of $983,000 and earnings per diluted share of $0.20 compared to net loss [...]
Conrad Shipyard Starts Production on Second 6000 HP Inland Towboat
Morgan City, LA: Conrad Shipyard of Morgan City has started production on a second 6000HP Inland Towboat designed by MiNO Marine of New Orleans. The Subchapter M- compliant vessel measures 166’ x 49’ x 12’ and is powered by Tier IV compliant engines. Conrad has orders from two customers for the vessels. Conrad worked [...]