PHILADELPHIA, PA – U.S. Senators Bob Casey (D-PA) and Pat Toomey (R-PA) today toured the Philadelphia Navy Yard and met with representatives from the Philadelphia Industrial Development Corporation to discuss their ongoing economic development efforts.
“The Navy Yard has experienced tremendous growth and I am pleased to see firsthand the progress being made to create jobs for workers in the region,” said Senator Casey. “I look forward to helping the Navy Yard realize its full potential as a home for more than 20,000 workers and a hub for economic growth and innovation in Southeastern Pennsylvania.”
“The Navy Yard helps attract and retain employers in Philadelphia, including companies such as GlaxoSmithKline. The pharmaceutical company was planning to leave Center City and move out of state until it learned of the opportunities available at the Navy Yard,” Sen. Toomey said. “Because of the Navy Yard, that high-tech employer remains in Philadelphia, and I hope the Navy Yard will continue to bring innovative companies to Pennsylvania.”
The Navy Yard is a vital industrial and manufacturing hub and is home to over 80 companies as well as the Naval Ship Systems Engineering Station, an 1,800 person federal research lab that serves as the anchor of robust activity in technology and research and development at the Navy Yard.
The Navy Yard is currently home to over 7,500 employees and will support more than 20,000 workers at full capacity.
Last year, the U.S. Department of Energy awarded a $122 million grant to a team led by Penn State University to create an Energy Innovation Hub at the Navy Yard to focus on developing technologies to make buildings more efficient.