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Friday, October 21, 2016

MN 100: Fincantieri Marine Group LLC

August 26, 2014

3301 S. Packerland Drive, Suite D
De Pere, WI 54115
CEO of Fincantieri: Giuseppe Bono
FMG’s President and CEO: Francesco Valente
Number of Employees: 2,000

The Company:
Fincantieri Marine Group LLC (FMG) is the United States division of Europe’s largest shipbuilder, Italian group Fincantieri. FMG is one of America’s leading midsized shipbuilders for commercial and governmental customers. FMG runs three facilities in the Great Lakes region for shipbuilding, repair, outfitting and conversion: Marinette Marine, Bay Shipbuilding and ACE Marine.
The Case:
The Marinette Marine shipyard centers on design and production of U.S. Navy Littoral Combat Ships, Navy Lighterage System, mine countermeasure vessels and ocean tugs, as well as Coast Guard icebreakers, buoy tenders and response vessels. Since 2009, the yard has doubled its indoor production space and increased its workforce by 60 percent, wrapping up a $74 million shipyard investment in May. The ACE Marine production plant specializes in aluminum construction located in Green Bay, and builds USCG’s Response Boat-Medium vessels.

(As published in the August 2014 edition of Marine News -


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