Insight on Business

November 2012

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ECONOMIC DEVELOPMENT INSIGHT ON By MaryBeth Matzek Economic drivers take to the north Manufacturers – including Marinette Marine, Tyco Fire Protection and ChemDesign – keep Marinette economy humming T surrounding area. The shipbuilder employs 1,400 – here's no doubt Marinette Marine remains the heart of the economy in Marinette County and the nearly double the total just a few years ago – and works with 700 suppliers in 43 states, including 120 in Wisconsin. The company, which is owned by 38 | INSIGHT • November 2012 Marinette Marine launched the first of the U.S. Navy's Littoral Combat Ships (LCS) in 2006. In addition to the 10 ships currently under contract, Marinette Marine also received an $89.6 million contract from the U.S. Coast Guard earlier this year for 40 boats. Fincantieri, is immersed in U.S. Navy shipbuilding projects that will keep workers busy for years. In addition to the 10 littoral combat ships under contract – each one takes about 40 months to build – Marinette Marine also received an $89.6 million contract from the U.S. Coast Guard earlier this year for 40 boats. Marinette Marine has also invested heavily in its shipyard with several facility upgrades and additions. www.insightonbusiness .com COURTESY MARINE T TE MARINE

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