Marinette Marine Completes $74 Million Shipyard Improvements
On Monday, May 20, Marinette Marine Corporation (MMC) of Fincantieri Marine Group, held a ribbon cutting ceremony to commemorate the opening of the company’s newest facility and to mark the completion of Fincantieri’s $74 million investment in the shipyard.
Chuck Goddard, President and CEO of Marinette Marine, welcomed employees, Navy and Coast Guard representatives, government officials, and local community members to today’s event. “With new facilities, computer-controlled manufacturing equipment, the best engineering minds in the business, and the industry’s finest master craftsmen, MMC is uniquely positioned to meet the industry’s challenges of today and tomorrow.”
Since 2009, MMC has doubled its indoor production space and increased its workforce by 60 percent, for a total of 1,400 employees. The shipyard, with purpose designed facilities, has utilized superior engineering and cutting edge technology to maximize production efficiency and minimize energy consumption. During the ceremony, WPS and Focus on Energy presented MMC with a check to acknowledge the company’s work towards energy efficiency.
Today’s event marks a major milestone for Marinette Marine and the community. MMC’s facility upgrades have allowed the company to exceed the US Navy’s requirement to deliver two LCS per year, leaving the company with additional capacity to pursue other programs, such as the USCG’s Offshore Patrol Cutter.