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Fact-check · Oct 6, 2026 · Donald Trump

“Ceronica is investing $3.2 in Texas to build a new shipyard”

TRUE
What the record shows
Saronic Technologies (not Ceronica) is investing $3.2 billion in a shipyard at Port of Brownsville, Texas. Groundbreaking occurred September 30, 2026.

Company name misstated as 'Ceronica' instead of 'Saronic Technologies.' Investment amount and location are accurate.

Sources
▶ Watch the broadcast
From: President Trump Delivers Remarks, Oct. 6, 2026

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