 The new yard, called the Todd-Bath Iron Shipbuilding Corporation, was to be an entirely new facility located on a piece of mostly vacant land located adjacent to Cummings Point in South Portland, Maine, for the purpose of building 30 cargo ships.The mission, likewise, negotiated with a different consortium made up of Todd along with a group of heavy construction companies in the Western U.S. for the building of a new shipyard in the San Francisco Bay area for construction of 30 ships identical to those to be built in Maine.That yard was to be called the Todd-California Shipbuilding Corp.