Wrangell Borough and shipyard company will work together to on 6-Mile development plan

Wrangell borough assembly took a step toward attracting private investment in building and operating a shipyard at the 6-Mile mill property, which the borough purchased for $2.5 million more than three years ago.

During its Dec. 16 meeting, the assembly voted to approve a memorandum of understanding (MOU) with Seattle-based JAG Marine Group. The agreement sets the stage for a long-term public-private partnership at the 6-Mile property, which Wrangell officials want to develop as a deepwater port.

If JAG, which runs shipyards in Ketchikan and elsewhere, decides to build a new operation in Wrang...