MARINETTE, WI (WTAQ) – A state grant will help Marinette Marine fulfill its contract with the U.S. Navy.
The $1 million grant, approved by WisDOT, will support a $2.6 million reconstruction of Ludington Street in Marinette that will provide better access to the shipbuilding facility.
Marinette Marine recently received a $795 million contract to build the first of up to 10 new frigates for the U.S. Navy. If all 10 frigates are built, the contract with the US Navy could be worth up to $5.6 billion.
“We are proud to be partners with Fincantieri and the city of Marinette in this tremendous project, which not only will create jobs and stimulate the local economy but will also show the world the type of high-quality and technologically advanced products that are made right here in Wisconsin,” Gov. Tony Evers said.
Ludington Street will be reconstructed from the US 41/Hall Avenue intersection east to Stanton Street near the entrance of the shipyard. The project will reinforce the road base as well as add new pavement and storm water drainage.
The project is expected to begin later this year and be completed in fall 2022.
Marinette Marine is currently making $200 million in site improvements related to its new Frigate contract with the U.S. Navy.
Over the past five years, WisDOT has also awarded $34 million directly to Marinette Marine from the Harbor Assistance program (HAP) to improve its shipyard.
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