Marinette Marine Corporation JANUARY 10 www. bus- ex. com 21 30 percent less man- hours than the lead ship, and we are performing to that bid." He expects to achieve even further productivity improvements going forward. Another benefit in the company's corner is that it is owned by the Italian shipbuilder Fincantieri Marine Group. " With the Navy contract requiring that large quantity of ships, we believe we have another advantage in Fincantieri's commitment to invest over $ 65 million in new capital at our shipyard to improve our productivity." The company was purchased by Fincantieri from the Manitowoc Company early in 2009. Marinette Marine is a cleared US government contractor operating under a special security agreement with the US Defense Security Service. Marinette Marine is also a supplier to other business segments. It was recently notified it will receive a contract worth about $ 123 million from the University of Alaska to build an Alaska- region research vessel. It also built and delivered the Mackinaw, a Great Lakes icebreaker, for the US Coast Guard; two series of ice- class buoy tenders for the Coast Guard; three commercial tugs for commercial Since the first unit that rolled off the production floor in the 1930s, Sauer Compressors is historically known for producing high- quality and high- performance piston compressors. Designed for demanding applications in shipping, naval equipment and offshore activities, Sauer Compressors continues to lead the industry in quality, dependability and comprehensive customer support. As part of a worldwide expansion, Sauer USA develops innovative product solutions for many industrial market applications. With years of experience and high- quality designs, Sauer USA supports the Americas with high- pressure compressors that have been field tested and extensively refined to provide true 24/ 7 reliability. Sauer Compressors |