Insight on Business

September 2020

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18 | I NSIGH T • S e p t e m b e r 2 0 2 0 w w w . i n s i g h t o n b u s i n e s s . c o m • PLACES continued Worried that windows are the only thing transparent in your construction project? We get it. 920.731.2322 │ hoffman.net Building a Better Way NeighborWorks Green Bay will build the townhomes. According to city estimates, the development will add $13 million in property value and $312,000 in new property tax revenue annually. • THE LAKESHORE Door, Kewaunee, Manitowoc, Sheboygan Counties Fincantieri plans upgrades at Sturgeon Bay shipyard Fincantieri Bay Shipbuilding is preparing to upgrade its Sturgeon Bay shipyard equipment and facilities this year to assist with work on the Navy's new guided- missile frigate. e improvements will be within the current shipyard's perimeter. On the south end of the yard near Georgia Street, the buildings formerly owned and operated by Palmer Johnson Yachts will become the hub for government work, including the LCS and FFG(X) programs. e manufacturer will expand or update some buildings to accommodate the larger fabrication efforts, a blast/prime/paint building and more room for support services. e company has filed permits with the city to approve the height of some buildings and to start construction. Fincantieri Bay Shipbuilding is partnering with its sister shipyard, Fincantieri Marinette Marine, which was awarded the $795 million contract for the Navy's first-in-class frigate last spring. If all goes well with the first ship, the Navy will have the opportunity to exercise its options on the original contract for nine additional ships and services valued at $5.5 billion. e detailed design work of the first vessel began in May and the start of fabrication is planned for 2021. Fincantieri Bay Shipbuilding will build large portions of the frigate hull and ship them by barge across Lake Michigan to Marinette — a process also done with the Littoral Combat Ship construction. Fincantieri ACE Marine in Green Bay also constructs aluminum modules for LCSs and then sends them north to Marinette as part of a collaborative system-of- yards approach that leverages the talent and capabilities across Fincantieri's three Wisconsin facilities. Briess Malt completes $17 million expansion project in Manitowoc Briess Malt & Ingredients Co. completed a $17 million project that expanded its custom barley processing and malting operation facilities and is expected to create 20 new jobs. e project began in November 2017 and was completed in phases at its downtown location on Jay Street. Hamann Construction completed the project, and work included demolition of an aging structure, replacement and updates to underground water and sewer, infrastructure work, masonry and mechanical, installation of four custom roasters, construction of grain silos and a warehouse/main tower, and creation of a modern facility for an automated packaging line for the production and packaging of specialty roasted malts. e facility also added a rail building for on/off railcar loading of materials along the Lake Michigan shore.

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