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Rhoads Industries is set to make a major $100 million investment to expand its manufacturing operations at the Philadelphia Navy Yard. This expansion is expected to create at least 450 new jobs while also preserving 541 existing full-time positions, strengthening the company’s footprint in the region.
The expansion will include the construction of a new 95,000-square-foot manufacturing facility aimed at boosting production capacity to support the U.S. Navy’s Maritime Industrial Base, particularly its submarine program. The new facility will enable continuous fabrication processes, and its location provides direct access to a pier, facilitating the efficient barge shipping of completed products.
Rhoads Industries, known for its large-scale industrial fabrication, mechanical, and maritime maintenance services, will expand its capabilities in the Navy Yard. The company already operates over 300,000 square feet of heavy manufacturing space and offers a range of services including field support and skilled labor for maritime projects. This investment not only enhances Rhoads Industries’ operational capacity but also plays a key role in strengthening the local economy through job creation and support for naval defense projects.
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