Post by ferryfast admin on Feb 17, 2012 14:49:08 GMT -5
Coast Guard orders 40 boats from Marinette Marine
Project worth $90 million
By Rick Barrett of the Journal Sentinel
(For photo-see:
www.jsonline.com/business/coast-guard-orders-40-rescue-boats-from-marinette-marine-3n458p8-139102479.html
Feb. 10, 2012 |(14)
Marinette Marine Corp. has received an $89.6 million order from the U.S. Coast Guard for 40 boats.
The company said the order was part of a multiyear contract, awarded three years ago, that could be worth up to $600 million.
Thus far, the Coast Guard has ordered 166 of the 45-foot boats, used for rescue work and law enforcement, from Marinette and a boat builder in Kent, Wash. Half of the order will be filled in Green Bay.
The Coast Guard wants to replace an aging fleet of 41-foot boats that have been the workhorse at stations across the country since the 1970s. Now part of the Department of Homeland Security, the Coast Guard wants boats that are faster and more technologically advanced than the older utility boats.
The new boats have mounted weapons, night surveillance gear and the latest available radar and communications equipment.
Delivery of the 40 boats, to be built in Green Bay, is scheduled to begin in early 2013.
"This is a big deal for us," said Marinette Marine President and CEO Chuck Goddard.
"There is at least another year left on the contract, and we hope it's more than that," he added.
Marinette Marine's Green Bay facility employs 60 people and specializes in aluminum boats.
The Coast Guard has a long history of ordering boats and ships from the company.
There have been disappointments, too, such as in 2008 when the shipyard - then owned by Manitowoc Co. - lost a bid to build up to $1.5 billion worth of Coast Guard cutters.
Currently, Marinette Marine is building littoral combat ships for the U.S. Navy - a program worth billions of dollars. The Navy wants to buy 55 of the high-speed ships, costing about $400 million each, over 15 years.
For the initial 20 ships, the work has been divided between Marinette Marine and Austal USA in Mobile, Ala. The work has created a small economic boom in northern Wisconsin and southern Alabama, where thousands of people are employed in the shipyards and at area businesses that have benefited.
Project worth $90 million
By Rick Barrett of the Journal Sentinel
(For photo-see:
www.jsonline.com/business/coast-guard-orders-40-rescue-boats-from-marinette-marine-3n458p8-139102479.html
Feb. 10, 2012 |(14)
Marinette Marine Corp. has received an $89.6 million order from the U.S. Coast Guard for 40 boats.
The company said the order was part of a multiyear contract, awarded three years ago, that could be worth up to $600 million.
Thus far, the Coast Guard has ordered 166 of the 45-foot boats, used for rescue work and law enforcement, from Marinette and a boat builder in Kent, Wash. Half of the order will be filled in Green Bay.
The Coast Guard wants to replace an aging fleet of 41-foot boats that have been the workhorse at stations across the country since the 1970s. Now part of the Department of Homeland Security, the Coast Guard wants boats that are faster and more technologically advanced than the older utility boats.
The new boats have mounted weapons, night surveillance gear and the latest available radar and communications equipment.
Delivery of the 40 boats, to be built in Green Bay, is scheduled to begin in early 2013.
"This is a big deal for us," said Marinette Marine President and CEO Chuck Goddard.
"There is at least another year left on the contract, and we hope it's more than that," he added.
Marinette Marine's Green Bay facility employs 60 people and specializes in aluminum boats.
The Coast Guard has a long history of ordering boats and ships from the company.
There have been disappointments, too, such as in 2008 when the shipyard - then owned by Manitowoc Co. - lost a bid to build up to $1.5 billion worth of Coast Guard cutters.
Currently, Marinette Marine is building littoral combat ships for the U.S. Navy - a program worth billions of dollars. The Navy wants to buy 55 of the high-speed ships, costing about $400 million each, over 15 years.
For the initial 20 ships, the work has been divided between Marinette Marine and Austal USA in Mobile, Ala. The work has created a small economic boom in northern Wisconsin and southern Alabama, where thousands of people are employed in the shipyards and at area businesses that have benefited.