Dossier
South Philadelphia Navy Yard
Coverage of South Philadelphia Navy Yard in the Nexus archive.
- $24 million investment in Philly shipbuilding as Trump presses for defense buildup
JPMorgan Chase is investing $24 million in Philadelphia's shipbuilding industry, including a $13 million loan to Rhoads Industries for a submarine facility at the South Philadelphia Navy Yard, which will create 450 jobs. The investment aligns with the Trump administration's push for a national defense buildup.