Fincantieri Marinette Marine Explained

Fincantieri Marinette Marine (FMM) is an American shipbuilding firm in Marinette, Wisconsin. Marinette Marine was a subsidiary of Manitowoc Marine Group of Wisconsin from 2000 to 2009, when it was sold to Fincantieri Marine Group.[1]

History

Marinette Marine Corporation (MMC) was founded on the Menominee River in Marinette, Wisconsin, in 1942 as part of the growth in the American shipbuilding industry during World War II.[2]

In 2000, Marinette Marine, a privately held company, was purchased by The Manitowoc Company for approximately $48 million. In August 2008, the Manitowoc Company announced that it had signed an agreement to sell their Manitowoc Marine Group division, which includes Marinette Marine, to Fincantieri Marine Group Holdings, Inc. and minority investor Lockheed Martin.[3] The sale was completed in January 2009, to Fincantieri. The net purchase price in the all-cash deal was approximately $120 million.[4]

Since its founding, Marinette Marine has produced more than 1,300 vessels. While primarily a producer of commercial vessels, it has also taken a number of contracts for the United States Navy, primarily for auxiliary vessels. Most recently, Marinette Marine became part of a team with Lockheed Martin to produce one of two littoral combat ship designs for the Navy, resulting in the launch of the USS Freedom in September 2006. In 2010, Marinette Marine bid for work on the Ship-to-Shore Connector, which would replace the Landing Craft Air Cushion (LCAC).[5]

In April 2020, it was announced that Fincantieri Marinette Marine had won the contract to produce the United States Navy new multimission guided-missile frigate.

In 2019, Vice President Mike Pence and Secretary of Labor Eugene Scalia spoke at Marinette Marine Shipyard, praising the Trump administration's support for American manufacturing industries and vocational education.[6] [7] One year later, during the 2020 presidential election, President Donald Trump held a re-election rally at the shipyard, with Wisconsin State Assembly representatives John Nygren and Mary Felzkowski touting his administration's manufacturing policy, military expansion, and the United States–Mexico–Canada Agreement.[8] [9]

, Fincantieri Marinette Marine is planning to overhaul and expand its yard facilities as part of winning a contract to construct the Constellation-class frigates. The changes will accommodate the larger size of the frigates versus the littoral combat ships, and will alter the way the yard launches ships.[10]

Facilities

All Marinette Marine facilities are located on the Menominee River in Marinette, Wisconsin. Some of the specific facilities they comprise are as follows:

Ships and boats built

Ships built by Marinette Marine include:

External links

Notes and References

  1. Web site: Fincantieri Completes Acquisition Of Manitowoc Marine Group. Fincantieri.com. Press Release. 2009-01-02. https://web.archive.org/web/20091010205700/http://www.fincantieri.com/cms/data/browse/news/000262.aspx. 2009-10-10. dead. mdy-all.
  2. Web site: Marinette Marine Corp., Marinette WI . Ship Building History . shipbuildinghistory.com . April 19, 2015 . May 13, 2015 . dead . https://web.archive.org/web/20111207054314/http://shipbuildinghistory.com/history/shipyards/2large/active/marinette.htm . December 7, 2011 .
  3. Web site: Press Releases . The Manitowoc Company . 2008-09-02 . 2008 .
  4. Web site: Manitowoc Company (MTW) Completes Sale of its Marine Segment to Fincantieri Marine Group . StreetInsider.com.
  5. Web site: Marinette Marine to build ship-to-shore connector. 2010-09-15. September 15, 2010.
  6. Web site: Becker. Amanda. 2019-11-20. Pence emphasizes demand for skilled trades at Marinette Marine. 2020-11-28. WLUK.
  7. Web site: Remarks by Vice President Pence at Fincantieri Marinette Marine. 2020-11-28. National Archives. whitehouse.gov. en-US.
  8. Web site: Bollier. Haley BeMiller and Jeff. President Trump praises workers in visit to Fincantieri Marinette Marine, touts $5.5 billion Navy contract. 2020-11-28. Green Bay Press-Gazette. en-US.
  9. Web site: Remarks by President Trump at Fincantieri Marinette Marine Marinette, WI. 2020-11-28. National Archives. whitehouse.gov. en-US.
  10. News: Michael . Fabey . 15 March 2023. Shipshape: Fincantieri Marinette Marine yard overhaul sets stage for frigate construction . 2023-03-21 . Janes . en.
  11. Web site: 2020-04-30. Fincantieri Wins $795M Contract for Navy Frigate Program. 2020-10-08. USNI News. en-US.
  12. Web site: 2020-10-07. SECNAV Braithwaite Names First FFG(X) USS Constellation. 2020-10-08. USNI News. en-US.
  13. Web site: Naval Vessel Register - CONGRESS (FFG 63). 2021-06-01. www.nvr.navy.mil.
  14. Web site: SECNAV Names Future Vessels while aboard Historic Navy Ship. 2021-01-16. www.nvr.navy.mil.
  15. News: Bahtić . Fatima . Fincantieri to construct 4th Constellation-class frigate for US Navy . Naval Today . 19 May 2023 . 22 May 2023.
  16. SECNAV Names Future Constellation-Class Guided-Missile Frigate Lafayette . United States Navy . 29 June 2023 . 29 June 2023.
  17. Littoral Combat Ship Contract Award Announced . . NNS101229-09 . 29 December 2010 . 30 October 2015 . https://web.archive.org/web/20150925220022/http://www.navy.mil/submit/display.asp?story_id=57917 . 25 September 2015 . live. mdy-all .
  18. Web site: Rhonda . Burke . USS Freedom Commissioned in Milwaukee . Navy.mil . 8 November 2008 . 30 May 2015 . https://web.archive.org/web/20110629152229/http://www.navy.mil/search/display.asp?story_id=40822 . 29 June 2011 . live . mdy-all.
  19. Web site: The Navy Wants to Retire a Ship That's Only Six Years Old . Popular Mechanics. Mizokami, Kyle . 12 February 2020. 3 August 2020 . mdy-all.
  20. USS Sioux City (LCS 11) Decommissions. United States Navy. 15 August 2023. 15 August 2023.
  21. Web site: Phelps. Nathan. Marinette-built USS Wichita enters Navy Service Saturday. 2020-10-14. Green Bay Press-Gazette. en-US.
  22. News: Lockheed team delivers eighth Wisconsin-built littoral combat ship; USS Marinette on the way . 2020-10-14. Milwaukee Business Journal. Neibauer, Michael . Schuyler, David . 2019-02-07 . mdy-all.
  23. Web site: Secretary of the Navy Names Two Littoral Combat Ships. United States Navy. 13 February 2018. 14 February 2018. https://web.archive.org/web/20180214022206/http://www.navy.mil/submit/display.asp?story_id=104365. 14 February 2018. live. mdy-all.
  24. Web site: 2019-12-30. Marinette Marine building four multimission ships for FMS program. 2020-10-14. WorkBoat. en-US.

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