July 03, 2025 - Philadelphia, PA
Governor Josh Shapiro announced the Commonwealth has secured a nearly $100 million investment from Rhoads Industries(Rhoads) to grow its manufacturing operations at the Philadelphia Navy Yard. This project will create at least 450 new, good-paying jobs and retain 541 existing full-time positions. Rhoads will build a new 95,000-square-foot manufacturing facility to increase its production capacity for the U.S Navy's Maritime Industrial Base, supporting its submarine program. This new onsite facility will allow for a continuous fabrication process speeding up their manufacturing, additional outfitting, and provide direct access to a pier for barge shipping of completed products. "Shipbuilding has always been key part of Philadelphia's identity and our economy, and today, I'm proud to announce that Rhoads Industries is investing $100 million and creating over 450 new jobs at the Navy Yard," said Governor Shapiro. "With support from the Commonwealth - including a new $4 million investment and more than $17 million over the past decade - Rhoads will expand its footprint, double its capacity for the U.S. Navy's submarine program, and strengthen our national security. The future of shipbuilding runs through Philadelphia - and just like generations before us, it's Pennsylvania workers who will build what keeps our nation safe. We're investing in that future because it's good for our economy, our communities, and for the people of Pennsylvania." List of Speakers:Joe Welsh, Director of Government Affairs, Rhoads IndustriesDan Rhoads, Jr., CEO, Rhodes IndustriesGovernor Josh ShapiroBoots Olson, welding apprentice at Rhoads IndustriesGreg Deavens, Board Chair, The Chamber of Commerce for Greater PhiladelphiaJordan Harris, Chairman of the PA House Appropriations Committee.
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