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Quartz·1 min read·easy

Jamie Dimon is pumping $24 million into U.S. shipbuilding at Philadelphia Navy Yard

Cris Tolomia
AI Summary

JPMorgan Chase CEO Jamie Dimon is investing $24 million into the Philadelphia Navy Yard to support submarine manufacturing and workforce development. The initiative aims to bolster domestic shipbuilding capabilities and support local small business suppliers.

The bank's funds will support a submarine manufacturing facility, workforce training, and small business suppliers at the Philadelphia Navy Yard

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Jamie Dimon is pumping $24 million into U.S. shipbuilding at Philadelphia Navy Yard — Headlinne — headlinne