Walsh-Kaiser Co., Inc. was a shipyard in both Cranston and Providence, Rhode Island. It was built during World War II and financed by the Maritime Commission as part of the country's Emergency Shipbuilding Program. It was originally operated by Rheem Manufacturing, a company with no previous shipbuilding expertise. When Rheem had difficulty managing the yard, Kaiser Shipyards was retained to manage the operation.
In 1942, the Maritime Commission selected Fields Point for the location of an emergency shipyard. It was planned to be able to build ships on six different ways. The construction of the shipyard was financed as part of the country's Emergency Shipbuilding Program. Storekeepers and housewives, clerks and youths fresh out of school worked side by side, turning out ship after ship. Construction began on March 28, 1942. The shipyard construction swallowed the popular Kerwin's Beach, which drew thousands to the shores of the Providence River before it was covered over. One million yards of fill from a nearby hillside was dumped onto the mud flats, but this still failed to stabilize the area. The total cost of the shipyard was twenty six million dollars.
On New Year's Eve, 1942, the first of many misfortunes hit the plant. The plate shop, the first step in the production process, burned to the ground. In February 1943, after the Rheem company showed difficulty managing the yard, Kaiser Shipyards was asked to manage the operation of the yard. As a result of the takeover, the size of the yard increased from 9,000 employees to over 14,000 just four months later. Eventually, seven miles of road wound about the yard.
The first ships that the yard produced were Liberty ships. After ten ships were completed, 21 frigates were built. After those ships were finished, 32 attack cargo ships (Navy hull designation AKA) were constructed and launched. In the three years that the yard was in operation, 63 ships were eventually launched and completed.