 During the Great Recession in March 2010 Moody Fabrication & Machine declined in business and employees.At the same time M. D. Moody & Sons, Inc. had filed for Chapter 11 Banktruptcy putting the fate of Moody Fabrication & Machine in jeopardy.Because of a decline in business M. D. Moody decided to sell the Bellinger Shipyard while maintaining the operations of Moody Fabrication & Machine.