The Korean company Hanwha is spending billions of dollars to revise, revitalize the historic shipyard in Philadelphia. Big old shipyard. Billions of dollars. Hadrian manufacturing and the US Navy are investing 2.4 billion in Alabama. Saronic is investing $3.2 billion in Texas to build a new shipyard on the beautiful shores of the Gulf of America. And we're buying icebreakers from Finland. We're making them with them and also buying, buying them. They specialize in icebreakers. That's all they do is they make icebreakers. (33:15–33:24)
STATEMENT
Asserts that Saronic is investing $3.2 billion in a new Texas shipyard.
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