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MADISON–Governor Tony Evers today announced that his budget will commit $31 million in state dollars to support Marinette Marine’s expansion.
The state funding, which is contingent on Marinette Marine’s receipt of additional federal funds, will allow Marinette Marine to make additional improvements to expand its shipyard infrastructure and compete for a $10 billion federal shipbuilding contract.
The shipyard expansion will ensure that Marinette Marine not only maintains a workforce of 1,500 employees, but can add an additional 400 full-time positions.
Marinette Marine is one of the world’s premiere shipbuilders and has been building technically advanced ships since World War II.
“Marinette Marine is a source of pride for Wisconsin, and employs thousands of Wisconsinites in good-paying, family-supporting jobs. Their success is an essential part of the Marinette community and local economy,” said Governor Evers. “This partnership is a win for workers, a win for Marinette, and a win for Wisconsin. We look forward to supporting Marinette Marine’s efforts to win this contract and to their continued success for years to come.”
“On behalf of the 2500 people that enter Fincantieri Marinette Marine every day, and the nearly 200 Wisconsin suppliers currently supporting our operations, I would like to express our gratitude for the Governor’s commitment to the ongoing partnership between our shipyard and the State of Wisconsin. We share in his vision to continue the vitality of ship production and stable job growth in Wisconsin, ” said Jan Allman, President and CEO of Fincantieri Marinette Marine. “We look forward to working with the Governor and all members of the legislature to get this across the finish line as part of the state budget.”