Bethlehem Sparrows Point Shipyard

Facilities at the yard included a graving dock, a floating drydock and two full-service outfitting piers which together provided nearly 3,000 feet of berthing space.

[citation needed] During World War II, the Sparrows Point Shipyard built ships as part of the U.S. government's Emergency Shipbuilding Program to help re-build the British Merchant Navy.

[citation needed] In October 1997, the shipyard was sold to the Veritas Capital Fund, a New York-based merchant banking and investment firm which built a $300 million cold rolling mill complex on the site which opened in 1999.

Veritas reorganized the facility as Baltimore Marine Industries, Inc. (BMI) and won two US Navy contracts for new ship construction and dismantling of older tonnage.

[10] The property is now owned by Sparrows Point Terminal, LLC, a partnership of Hilco and Redwood Capital Investments, who has renamed it "Tradepoint Atlantic".