Nichols Bros still hopeful

A bankruptcy judge has handed US yard Nichols Bros Boat Builders an eight-week reprieve to finish ongoing projects.

Judge Samuel Steiner granted the shipbuilder's request for eight weeks' worth of an operating budget so that 20 staff can continue at its Freeland yard, during a hearing in Seattle. It wants to finish seven ships, including a joint contract with two other yards to build four 144-car, 1,500-passenger ferries for the state of Washington. Washington-based Nichols Bros laid off 185 workers on November 2 and filed for bankruptcy on November 16.
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