 M. D. Moody under the third generation of Moodys continued to diversify further with the subsidiaries Moody Light Equipment Rental and Southeast Crane Parts along with acquisitions of the Bellinger Shipyard, a Sea Ray dealership and at one point a local marina in Jacksonville called Arlington Marina.In 1992 Moody Brothers of Jacksonville became a corporate spin-off of M. D. Moody and was renamed MOBRO Marine, Inc. Moody Fabrication & Machine, Inc. was formed in 1994 to manufacture heavy machinery parts.In February 1995 M. D. Moody acquired a shipyard called the Bellinger Shipyard on the Intracoastal Waterway for $1.9 million.