Marinette Marine Sold
 
Advertise Here
Trending Topics:
Sunday, June 14, 2015

Ship Equipment
Ship Maintenance
Unitor
Ship Systems
Bimco
Worldwide Metric
Portvision
Hydroscan
Freeman Marine
Neptune Group

MarineTalk
Home Page
About MarineTalk
Buyer's Guide
World InfoDesk
Discussion Forums
Advisory Board
FAQ
Advertising Information
Submit Company Listing
Edit Company Listing
Site Map
 
MarineTalk Site Search:
Featured Companies

CARLES-BARRAZA ABOGADOS
Industrial Property CARLES-BARRAZA LAW FIRM provides assistance in Copyright matters concerning the registration and protection of brands of products and services, advertising mottos, trade names, invention patents, models of usefulness,trademarks.
    Panama

Mauritius Chamber of Commerce & Industry
Serving business since 1850, the Mauritius Chamber is the oldest non-profit private organisation in Mauritius.
    Mauritius

BIMCO - The Baltic and International Maritime Council
Today, nearly 1000 owner members, 1,600 brokers, and 100 P&I clubs and other shipping-related companies are BIMCO members. Owner-members represent approximately 450 million DWT – 60% of the total cargo carrying capacity available.
    Denmark

Ocean Systems Laboratory, Dept. Comp. & Elec. Eng.
The laboratory is a leading centre for research and development in subsea technology. Our main areas of work are in subsea robotics, unmanned underwater vehicles, through water communication, sonar design and underwater computer vision.
    United Kingdom

Marinette Marine Sold

      10/24/2000

Marinette Marine Sold

The Manitowoc Company Wisconsin, US) announced that it has signed an agreement to purchase Marinette Marine Corporation for approximately $48.0 million as part of an all-cash transaction. Marinette Marine operates one of the largest shipyards on the U.S. Great Lakes. A privately held corporation, Marinette has revenues of approximately $100 million.

The company is currently under contract to build six ocean-going buoy tenders for the United States Coast Guard, as well as two 269-foot APL barracks barges for the U.S. Navy. Marinette Marine presently employs more than 800 individuals and features complete in-house capabilities for all shipbuilding disciplines.

"Marinette Marine is one of the most efficient builders of mid-sized commercial, research, and military vessels in the country and will be a key strategic fit with the industry-leading inspection, maintenance, repair, and new-construction facilities that comprise Manitowoc Marine Group," stated Terry D. Growcock, Manitowoc's president and chief executive officer. "Together, the combined organization forms a combination that will not only have a significant presence on the Great Lakes, but will be one of the most cost-effective shipbuilding and repair organizations in the entire United States.

For further information: Glen E. Tellock, Tel: (920) 683-8122


 

About the Company

You may also like:
Trending Technology, World Shipping & Maritime News





Latest Marine News and Technology Articles | Maritime 2015 Buyer's Guide





MarineTalk

E-mail:  Contact Us

Copyright © 1998 - 2015 MarineTalk
Division of Link Internet Business Solutions
All rights reserved.

The reproduction, retrieval, copying or transmission of this Web site content,
in whole or in part, is not permitted without the express permission of
MarineTalk .