State offers up to $20M for Electric Boat Quonset expansion, hiring of 1,300 workers

ELECTRIC BOAT will receive up to $20 million in incentives for its initiative to nearly double its square-footage in the Quonset Business park and hire 1,300 workers in Rhode Island as it scales up its workforce to build the Colombia-class submarine for the U.S. Navy. Above the Virginia-class submarine, which Electric Boat also produces for the Navy. / COURTESY ELECTRIC BOAT
ELECTRIC BOAT will receive up to $20 million in incentives for its initiative to nearly double its square-footage in the Quonset Business park and hire 1,300 workers in Rhode Island as it scales up its workforce to build the Columbia-class submarine for the U.S. Navy. Above the Virginia-class submarine, which Electric Boat also produces for the Navy. / COURTESY ELECTRIC BOAT
NORTH KINGSTOWN – General Dynamics Electric Boat is expanding its Quonset facility and creating 1,300 jobs over the next decade, the company announced Thursday. As part of that plan, the company is set to receive up to $20 million in incentives. The state is committing $2 million dollars in Rebuild R.I. tax credits and up…

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