Saronic Technologies Proposes $3.2 Billion Port Alpha Shipyard at Brownsville
Saronic Technologies plans to build a $3.2 billion shipyard at the Port of Brownsville, focusing on autonomous vessels. The project could create thousands of jobs and is currently seeking tax abatements from Cameron County. The site spans 4,387 acres and aims to develop military and commercial shipbuilding capabilities. Discussions are ongoing, with the county expected to review the tax agreements at a meeting on March 24.
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Saronic Technologies is seeking to establish a $3.2 billion shipyard, named Port Alpha, at the Port of Brownsville to manufacture autonomous vessels. The company has applied for tax abatements from Cameron County, where the project site covers 4,387 acres.
The estimated property tax value is $2.7 billion. The facility aims to support military and commercial shipbuilding, potentially creating over 10,000 jobs. The county commissioners are set to review the tax abatement agreements on March 24.
Saronic recently secured a $392 million production contract from the U.S. Navy for autonomous vessels.
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