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JPMorganChase Announces $24 Million to Help Strengthen Shipbuilding in Philadelphia and America’s Defense Industrial Base

PHILADELPHIA--(BUSINESS WIRE)--JPMorganChase today announced $24 million to strengthen Philadelphia’s shipbuilding and maritime manufacturing industry—supporting skills training, stronger supply chains and small busines…

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British Columbia Source: Businesswire

JPMorganChase Announces $24 Million to Help Strengthen Shipbuilding in Philadelphia and America’s Defense Industrial Base
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PHILADELPHIA--(BUSINESS WIRE)--JPMorganChase today announced $24 million to strengthen Philadelphia’s shipbuilding and maritime manufacturing industry—supporting skills training, stronger supply chains and small business growth in a sector critical to America’s defense industrial base. The announcement includes $18 million in loans and investments and $6 million in philanthropic grants. Near-term focus areas include: Driving the expansion of a submarine manufacturing and assembly facility expec

PHILADELPHIA--(BUSINESS WIRE)--JPMorganChase today announced $24 million to strengthen Philadelphia’s shipbuilding and maritime manufacturing industry—supporting skills training, stronger supply chains and small business growth in a sector critical to America’s defense industrial base. The announcement includes $18 million in loans and investments and $6 million in philanthropic grants. Near-term focus areas include: Driving the expansion of a submarine manufacturing and assembly facility expec

Published
Jul 15, 2026
Updated
Jul 15, 2026
Source
Businesswire
Category
Business
Read time
1 min
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SectionBusiness
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SourceBusinesswire
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PublishedJul 15, 2026
UpdatedJul 15, 2026

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PublishedJul 15, 2026, 5:10 AMThis story was published by BC Post.
ImportedJul 15, 2026, 6:00 AMThe item entered the BC Post source pipeline.
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Businesswire Published Jul 15, 2026 Imported Jul 15, 2026
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