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The Merrill-Stevens Drydock & Repair Co. was founded in 1866, by Captain James Gilman Merrill, as a blacksmith shop, located on the St. Johns River in South Jacksonville. It was later formally incorporated 1885 by James Eugene Merrill and Arthur D. Stevens as Merrill-Stevens Engineering Company and evolved from a blacksmith shop to building ships for transporting troops during WWI and later became the largest Atlantic shipyard south of Norfolk, Va., during World War II. Following the first World War the company changed its name to Merrill-Stevens Dry Dock & Repair Company. It later relocated to Miami after WWII. Until late 2004, it was owned by descendants of company founder James Eugene Merrill. Believed to be the oldest continuously operating business in the state of Florida, it ceased operations on Friday December 18, 2009.

Accompanying note: "From a write-up on Fort Saint Nicholas by Arlington resident, F. W. Bruce ca. 1924: 'In 1917, the Merrill Stevens company began construction of what was designated the 'South Side Shipyard.' which was afterwards absorbed by the U. S. Shipping Board. For the construction of the plant, the writer was appointed Chief, and occupied that position until after construction of ships for WW I began.'"

"Merrill Stevens Shipbuilding bought an 80 acre site, which was the old Hudhall farm and, with F. W. Bruce as supervisor, built boat slips, marine rails, dry-docks, a water tower made of concrete, a huge pattern loft, and a total of nine buildings including, a generator building, pattern building, and offices".