Earlier today President toured Fincantieri Marine shipyard and delivered remarks about the historic $5 billion dollar contract the Administration recently granted Fincantieri Marinette Marine. This is the first visit by a sitting President to the city of Marinette, Wisconsin.
Fincantieri Marinette Marine is a United States subsidiary of Italian enterprise Fincantieri, one of the world’s largest shipbuilders, the shipyard was established in 1942 to meet America’s growing demand for naval construction.
The Trump Administration’s contract to build up to ten new guided missile frigates worth nearly $5.5 billion, will secure the future of the shipyard. Fincantieri plans to invest $130 million in upgrades to the facility, add approximately 1,000 jobs and projects that the investment will create 15,000 additional jobs in the Wisconsin and Michigan supply chains.
[Transcript] – THE PRESIDENT: Thank you. Thank you. Yeah, it’s a good song, isn’t it though? Lee Greenwood.
And thank you very much. I’m thrilled to be here with you on this incredible summer day in Wisconsin on the edge of the beautiful Lake Michigan — that is beautiful too; I know it well — with the legendary workers of Marinette Marine. And you now have a lot of contracts because of the United States government. You’re going to — you’re going to be so busy. (Applause.) You’re going to be so busy. I know you went through a little bit of a hard time; not anymore. Not anymore. Got you covered for years.



