GREENVILLE, S.C., January 28, 2025 /PRNewswire/– Pacolet Milliken, LLC, and its wholly owned subsidiary Bushy Park, announced today that Newport News Shipbuilding (NNS), a division of HII, has become a major tenant at Bushy Park in connection with HII’s acquisition of an advanced manufacturing facility and assets from W International.
HII, headquartered in Newport News, Virginia, acquired the assets from W International, an advanced metal fabricator that had been a resident at Bushy Park since late 2018. This strategic move strengthens HII’s position as a global leader in naval shipbuilding and defense technology. The NNS division designs, constructs, and maintains nuclear-powered aircraft carriers and submarines, and has a strong legacy of excellence that has spanned over 135 years.
Operations at Bushy Park are expected to be largely unchanged. W International employed approximately 500 people; more than 99% of the legacy workforce accepted offers from HII to continue to work on site. The campus consists of 45 acres and four buildings totaling more than 450,000 square feet, all within the larger 1,530-acre Bushy Park site.
“We are thrilled to welcome Newport News Shipbuilding to Bushy Park. NNS’ presence will undoubtedly contribute to the vibrant industrial community we are cultivating at Bushy Park,” said Kent Fonvielle, President of Bushy Park.
With NNS’ asset acquisition from W International, and Leonardo DRS’s naval facility currently under construction at Bushy Park, Bushy Park will be home to two of the largest defense contractors supporting the US Navy’s shipbuilding program. Leonardo DRS is currently building a $120 million manufacturing, integration, and test facility for U.S. Navy submarine propulsion systems at Bushy Park which is slated to be fully operational in 2026.
“The decision of Leonardo DRS to establish their operations here and NNS to acquire the assets from W International is a testament to the value and quality that Bushy Park offers,” said William Crawford, CEO of Pacolet Milliken. “Bushy Park’s location, workforce availability, and unique existing infrastructure, including water access, make it an advantageous site for supporting these manufacturers.”
For more information about this acquisition or to learn more about Bushy Park or Pacolet Milliken, please contact:
Cody Baker
Vice President Manufacturing & Business Development, Bushy Park
Phone: (843) 820-6172
Email: cody.baker@bushyparksc.com
About Pacolet Milliken and Bushy Park
Pacolet Milliken, LLC is a leader in the institutional management of private investment capital. Headquartered in Greenville, SC, Pacolet is a family-owned investment firm that owns and manages a diverse set of power & infrastructure and real estate assets located across the United States. Pacolet Power & Infrastructure owns a diverse set of power, renewables and infrastructure assets, including a regulated electric portfolio, an industrial utilities company and a substantial solar and landfill gas portfolio. Pacolet Real Estate has a national portfolio of industrial, multi-family, office, and retail properties, and currently focuses on multi-family and industrial warehouse development in the Southeast, the Southwest and Southern California. In both Divisions, Pacolet seeks to positively impact the communities in which it operates and be a steward of the environment from a generational perspective.
https://www.pacoletmilliken.com
Bushy Park is a 1,530-acre industrial park located in Berkeley County just outside of Charleston, SC. The site is home to ten different industrial and manufacturing companies. Bushy Park provides a suite of utilities to its tenants such as steam, nitrogen, compressed air, electricity, natural gas, and process water in addition to available land. The site supports logistics through an onsite rail line and barge slip. Bushy Park is owned by Pacolet Milliken, LLC and is an important asset in the Power & Infrastructure Division.