Gulf Island Fabrication, Inc., through its subsidiaries, operates as a fabricator of offshore drilling and production platforms, and other steel structures for customers in the oil and gas, and marine industries. The company was founded in 1985 and is based in Houston, Texas.
Republican members of a new watchdog panel on Wednesday push back against their Democratic colleagues’ demand that five public companies return emergency loans meant for small businesses hurt by the coronavirus crisis.
A congressional committee tasked with overseeing coronavirus stimulus funds sent letters Friday afternoon to five public companies that took out Paycheck Protection Program loans demanding they repay the funds
House lawmakers on Friday demanded five large, publicly traded companies return the $10 million loans they received that were meant for small businesses. Only one company, MiMedx, said it would return the $10 million Paycheck Protection Program loans. Just 48 public companies of the 387 that received PPP loans have returned the money. Visit Business Insider's homepage for more stories. US representatives blasted five publicly traded companies for taking Paycheck Protection Program loans means for small businesses, leading at least one to return the money. The House subcommittee on the coronavirus crisis sent letters ] to MiMedx, Quantum, EVO Transportation & Energy Services, Gulf Island Fabrication, Universal Stainless, and Alloy Products on Friday demanding they return loans received f...
Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (GIFI) announced today that Jack Laborde has informed the Board of Directors of his intention to step down as Chairman of the Board following the 2020 annual shareholders’ meeting. As set forth in the Company’s corporate governance guidelines, the corporate governance and nominating committee will review and recommend a new Chairman for the Board of Directors to consider.