TOD meaning in Business ?

Answer:

What is Todd Shipyards Corporation mean?

Vigor Shipyards (formerly Todd Shipyards) was founded in 1916 as the William H. Todd Corporation through the merger of Robins Dry Dock & Repair Company of Erie Basin, Brooklyn, New York, the Tietjen & Lang Dry Dock Company of Hoboken, New Jersey, and the Seattle Construction and Dry Dock Company. The Seattle shipyard could trace its history back to 1882, when Robert Moran opened a marine repair shop at Yesler's Wharf. This shop became the Moran Brothers Shipyard in 1906 and the Seattle Construction & Dry Dock Company at the end of 1911.

The shipyard has performed building and maintenance work for, among others, the U.S. and Royal Australian Navies, the United States Coast Guard, and the Washington State Ferries. Its headquarters and operations are on Harbor Island at the mouth of Seattle's Duwamish Waterway. Todd ranked 26th among United States corporations in the value of World War II production contracts.

The 105-foot-long (32 m) hull of Disneyland's Mark Twain riverboat was built at Todd Shipyards in San Pedro, California, in 1955.

Frank Sinatra worked after high school as a rivet catcher.

In February 2011, Vigor Industrial purchased Todd for US$130 million. This included the Seattle, Everett and Bremerton operations. Today, Vigor Shipyards is a government repair subsidiary of Vigor Industrial.

Originally, the Coast Guard wanted to acquire 25 Offshore Patrol Cutters (OPC) and spend about $8 billion for them. In April 2013, it was reported that Vigor proposed an Ulstein X-bow hull in the design competition for the OPC vessels. If successful in landing the contract, Vigor would have assembled the vessels at its Portland, Ore., shipyard. However, in February 2014, the USCG announced that Bollinger Shipyards, Eastern Shipbuilding, and General Dynamics Bath Iron Works had been awarded design contracts for the OPC.

In September 2017, Vigor was contracted to produce the US Army's Maneuver Support Vessel (Light).

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