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Bay Shipbuilding to receive $1.2 million grant

Thanks to a recently received federal grant, you will see more improvements coming to Fincantieri Bay Shipbuilding. Fincantieri Marine Group was awarded a $1.2 million grant to improve the graving dock pumps at the Sturgeon Bay shipyard. Graving docks are used to bring vessels into the dry dock by floating them in and then pumping the water out afterward. U.S. Transportation Secretary Pete Buttigieg announced the grants late last week, heralding the importance of small shipyards and their role in supporting small businesses. Through the U.S. Department of Transportation’s Maritime Administration’s Small Shipyard Grant Program, just shy of $20 million was awarded to 24 shipyards in 19 states. Fincantieri Bay Shipbuilding was the only shipyard in Wisconsin to receive the federal aid package. 

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