Private company

Dravo Corporation

American shipbuilding company

Dravo Corporation was an American shipbuilding company with shipyards in Pittsburgh and Wilmington, Delaware. It was founded by Frank and Ralph Dravo in Pittsburgh in 1891. The corporation went public in 1936 and in 1998 it was bought out by Carmeuse for $192 million ($379.3 million today).2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1891Founded1
  • Industryshipbuilding1
  • HeadquartersPittsburgh1

Dravo Corporation was an American shipbuilding company with shipyards in Pittsburgh and Wilmington, Delaware. It was founded by Frank and Ralph Dravo in Pittsburgh in 1891. The corporation went public in 1936 and in 1998 it was bought out by Carmeuse for $192 million ($379.3 million today). On March 5, 1942, it became the first corporation to receive the Army-Navy "E" Award for outstanding war time production. Dravo ranked 72nd among United States corporations in the value of World War II military production contracts. By the 1970s, the corporation had moved into the business of building locks and dams on the Ohio River.2

Products and brands

Neville Island shipyard, Pittsburgh — started 1919, constructed LST's during World War II employing 16,000 people, closed 1982. (40.510°N 80.117°W / 40.510; -80.117)

Wilmington Shipyard, Delaware — employed 10,500 during World War II, constructing Destroyer escorts. Now closed. Traces back to Harlan and Hollingsworth (39.730°N 75.561°W / 39.730; -75.561)

From Wikipedia’s article on Dravo Corporation, shared under CC BY-SA 4.0.3

Timeline

  1. 1891Founded Founded1

Sources

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