Marinette Marine

Chief of Naval Operations (CNO) Adm. Gary Roughead takes a tour of Marinette Marine Shipyard

Fincantieri Marinette Marine (FMM) is a shipbuilding firm in Marinette, Wisconsin. FMM was a subsidiary of Manitowoc Marine Group of Wisconsin; FMM was sold to Fincantieri Marine Group in 2009.[1]

History

USS Detroit christened

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. On August 4, 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 on January 1, 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 on 23 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]

Facilities

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

  • 300,000 square feet (30,000 m2) of indoor ship construction space
  • 53,000 square feet (4,900 m2) of indoor warehousing and receiving space
  • Ship launching facility for up to 4,500 long tons
  • Ship transport system for up to 1,600 tons
  • Ship module movers for up to 160 tons
  • 275 ton yard crane
  • 100 ton yard crane
  • 40 ton yard cranes

Ships and boats built

Ships built by Marinette Marine include:

References

  1. ↑ "02/01/2009". fincantieri.com.
  2. ↑ "Marinette Marine Corp., Marinette WI". Ship Building History. shipbuildinghistory.com. April 19, 2015. Archived from the original on December 7, 2011. Retrieved May 13, 2015.
  3. ↑ The Manitowoc Company (2008). "Press Releases". Retrieved 2008-09-02.
  4. ↑ "Manitowoc Company (MTW) Completes Sale of its Marine Segment to Fincantieri Marine Group". StreetInsider.com.
  5. ↑ "Marinette Marine to build ship-to-shore connector". 2010-09-15. Retrieved 2010-09-15.

Coordinates: 45°5′56.56″N 87°37′5.96″W / 45.0990444°N 87.6183222°W / 45.0990444; -87.6183222

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