New Partnerships at Bushy Park Foster Industrial Growth
Exciting Developments at Bushy Park
Recent news from Bushy Park highlights significant industrial growth as Newport News Shipbuilding (NNS) has joined the dynamic community in Goose Creek, SC. This collaboration comes on the heels of NNS's strategic acquisition of W International, marking an important milestone for both entities.
Strengthening Industrial Presence
Newport News Shipbuilding, a well-respected branch of Huntington Ingalls Industries, has long been recognized for its contributions to naval shipbuilding and defense technology. With over 135 years of experience, they design and maintain nuclear-powered aircraft carriers and submarines, cementing their position as industry leaders. The acquisition of W International will allow NNS to expand its operations at Bushy Park while maintaining its current workforce and commitment to excellence.
Impact on Local Community
W International has been operating at Bushy Park since 2018 and employs around 500 individuals. The facility occupies a vast 45 acres with buildings totaling 451,000 square feet, supporting a robust industrial ecosystem. The presence of NNS is expected to further invigorate the local economy and contribute to the growth of jobs in the area.
Contributions to the Defense Sector
The landscape at Bushy Park is set to become even more formidable with the construction of a cutting-edge manufacturing facility by Leonardo DRS. This nearly $120 million investment aims to bolster U.S. Navy submarine propulsion systems. Scheduled to become operational in 2026, it illustrates the growing importance of Bushy Park as a hub for defense contractors.
Leadership Perspectives
Kent Fonvielle, the President of Bushy Park, expressed enthusiasm about the new tenant, stating, "We are thrilled to welcome Newport News Shipbuilding to Bushy Park. NNS's presence will undoubtedly contribute to the vibrant industrial community we are cultivating here."
About the Owners
Pacolet Milliken, LLC, a family-owned investment firm headquartered in Greenville, SC, manages a diverse portfolio across the United States, focusing on power & infrastructure and real estate. The firm actively seeks to have a positive environmental and community impact. Their management of Bushy Park reflects their commitment to fostering industrial development while also being stewards of the environment.
Facilities and Utilities
Bushy Park spans an impressive 1,530 acres and currently hosts ten industrial and manufacturing firms. The park is equipped with essential utilities, including steam, nitrogen, electricity, and process water, catering to the diverse needs of its tenants. Moreover, with rail access and a barge slip on-site, Bushy Park is well-suited for logistical operations, attracting more companies to its fertile grounds.
Forging a Path for Future Success
The strategic collaborations at Bushy Park underscore the value of this industrial park as a leading site for manufacturers. With the recent developments, Bushy Park is not just a location; it's evolving into a thriving community that supports substantial economic growth and job creation in vital industries such as defense.
Frequently Asked Questions
What recent change occurred at Bushy Park?
Newport News Shipbuilding has become a major tenant at Bushy Park following their acquisition of W International.
What is the role of W International?
W International is an advanced metal fabricator that has been at Bushy Park since late 2018, employing about 500 people.
What new constructions are taking place at Bushy Park?
Leonardo DRS is building a $120 million facility for U.S. Navy submarine propulsion systems, expected to be operational in 2026.
What utilities does Bushy Park provide to its tenants?
Bushy Park offers steam, nitrogen, compressed air, electricity, natural gas, and process water among its utilities.
Who owns Bushy Park?
Bushy Park is owned by Pacolet Milliken, LLC, a firm focused on private investment in power & infrastructure and real estate.
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