Hanwha
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WSJ: Philly Shipyard Faces Tough New Task in Ongoing Mission to Revive U.S. Shipbuilding
Hanwha Philly Shipyard, acquired by a South Korean firm last year, has a new objective in its mission to revive U.S. shipbuilding: producing a nuclear-powered…
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Hanwha Confirms Philly Shipyard’s Nuclear Submarine Capability for U.S. Navy
Hanwha Group’s global chief strategy officer Alex Wong recently said the company’s Philly Shipyard is capable of building a nuclear-powered submarine for the U.S. Navy,…
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Hanwha Philly Shipyard Aims to Hire Up to 10,000 Workers, Quadrupling Workforce
South Korea-based Hanwha plans to quadruple its workforce at the Philadelphia Navy Yard shipyard, by aiming to hire up to 10,000 workers over the next…
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‘60 Minutes’ Highlights Philadelphia’s Central Role in America’s Shipbuilding Revival
America has been struggling in the shipbuilding department for decades now, but Philadelphia could play a critical role in the potential of the nation’s industrial…
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New Owner of Philly Shipyard, Hanwha, Wants to Push ‘Boundaries of Shipbuilding’
South Korea’s Hanwha Group, following its $100 million acquisition of what is now Hanwha Philly Shipyard, plans on hiring a significant number of workers that…
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Philadelphia Shipyard to Build South Korean Nuclear Submarines After U.S. Technology Deal
President Donald Trump announced last month on social media that the United States will share its nuclear submarine propulsion technology with South Korea, which plans…
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Hanwha Group to Invest $5B Into Hanwha Philly Shipyard to Boost Local Shipbuilding Industry
Hanwha Group is planning to invest $5 billion in Hanwha Philly Shipyard infrastructure, supporting South Korea’s commitment of expanding the U.S. shipbuilding industry through a…
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WSJ: Trump Wants to Revive Shipbuilding in Philly and Beyond, But Costs, Workforce Shortages Pose Challenges
Philadelphia is one of only two U.S. shipyards still building commercial ships, as China now completely dominates the industry, write Inti Pacheco and Costas Paris…
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South Korea-based Industrial Group, Hanwha, Acquires Philly Shipyard in $100M Deal
Philly Shipyard, the local U.S. building company, has been sold to the South Korea-based industrial group Hanwha in a $100 million deal, writes Noah Bovenizer…
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