SQUAWK/NEWS
Menu
Live News MACRO H impact

Curtiss-Wright to Invest $80 Million in Pennsylvania Expansion

Curtiss-Wright (CW) said on Monday it will invest $80 million over multiple years to expand operations at its Cheswick, Pennsylvania facility, part of the company's Naval & Power segment. The investment will be funded through a combination of internal capital, state support, and maritime industrial base funding via the U.S. Department of War budget, the company said. The expansion, which began in 2025, will include construction of two new buildings to expand manufacturing and testing capacity, and is expected to create approximately 150 new jobs over the next three years while retaining more than 860 existing positions, according to the company. The company also received a funding proposal from Pennsylvania's Department of Community and Economic Development for a $1,210,000 grant through the PA SITES program, Curtiss-Wright said.

CW

Curtiss-Wright (CW) said on Monday it will invest $80 million over multiple years to expand operations at its Cheswick, Pennsylvania facility, part of the company's Naval & Power segment.

The investment will be funded through a combination of internal capital, state support, and maritime industrial base funding via the U.S.

Department of War budget, the company said.

The expansion, which began in 2025, will include construction of two new buildings to expand manufacturing and testing capacity, and is expected to create approximately 150 new jobs over the next three years while retaining more than 860 existing positions, according to the company.

The company also received a funding proposal from Pennsylvania's Department of Community and Economic Development for a $1,210,000 grant through the PA SITES program, Curtiss-Wright said.