Marinette Marine


Fincantieri Marinette Marine 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.

History

Marinette Marine Corporation 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.
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. The sale was completed on January 1, 2009 to Fincantieri. The net purchase price in the all-cash deal was approximately $120 million.
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 September 23, 2006. In 2010, Marinette Marine bid for work on the Ship-to-Shore Connector, which would replace the Landing Craft Air Cushion.
On April 30, 2020, it was announced that Fincantieri Marinette Marine had won the contract to produce the United States Navy new FFG multimission guided-missile frigate.

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 built by Marinette Marine include: