NEW YORK CITY—The Brooklyn Navy Yard announced an ambitious $2.5 billion plan to increase manufacturing capacity, stating it will add 10,000 new jobs, bringing total employment to the district to 30,000.

“This plan is the transformative next step in the decades-long investment by the Brooklyn Navy Yard to grow New York City's manufacturing sector,” says David Ehrenberg, president of the Brooklyn Navy Yard Development Corporation. “We are at the start of a multi-generational period of growth that in the years ahead will return employment at the Yard to its highest levels since the 1940s while fueling a continued surge of manufacturing across the city.”

The proposal was created following two years of researching what industries are growing across the five boroughs, are compatible with the city's plans for its future, and create high-quality jobs. The study also looked into what these industries need to sustain growth.