This week, Fincantieri Marinette Marine recognized Mayor Steve Genisot by presenting him an official shovel and hard hat from the Ground Breaking of Building 34 that recently took place at the shipyard. Mayor Genisot participated in the outdoor event in February, but due to extreme cold weather, the company postponed a few of the special recognition portions of the event.
“Building 34 will become the crown jewel of our shipyard, and the recent ground breaking marked a significant milestone in the history of our shipyard,” said Jan Allman, CEO of Fincantieri Marinette Marine. “Mayor Genisot has been a strong partner to FMM. I’m really honored to recognize him today for his steadfast collaboration throughout our entire growth process. Under his leadership, the City has been a true partner in helping us navigate our growth and expansion plans.”
The multi-million dollar building is part of the company’s most recent $200 million shipyard capital expansion underway in Wisconsin. In addition to this building, there are several other projects in Marinette. The largest ship lift in the U.S. is being built along the waterfront, as well as improvements to other buildings to facilitate upcoming frigate fabrication for the U.S. Navy and a significant increase in employment.
“I value the partnership we have with FMM, our area’s largest employer,” said Mayor Steve Genisot. “They are making a significant investment in the community, creating numerous jobs and bringing economic growth to the entire region.”
Building 34 is a key element to constructing the Constellation-class frigate, and will support construction of two 500-ft. ships at the same time inside of an impressive climate-controlled facility.
Fincantieri Marinette Marine was awarded the contract in April 2020, to design and build the first Constellation-class guided missile frigate, with options for nine additional ships. The total value of the contract, if all options are exercised by the Navy is $5.5 Billion.
The growing Marinette shipyard employs thousands of full-time workers and related contractors who produce Navy ships, like the Littoral Combat Ship and the newest guided-missile frigate.
Fincantieri Marine Group
Fincantieri operates in the United States through its subsidiary Fincantieri Marine Group (FMG). This company, which serves commercial and government customers in the U.S., including the U.S. Navy and Coast Guard, has three shipyards (Fincantieri Marinette Marine, Fincantieri Bay Shipbuilding and Fincantieri ACE Marine) located in the Great Lakes. www.fincantierimarinegroup.com
Point of Contact: Eric Dent, Director of Communications | Fincantieri Marine Group
Eric.firstname.lastname@example.org | (202) 488-4783