Hanwha Defense USA announced Monday that it will invest $2.2 billion to locate its new Hanwha Advanced Manufacturing Campus at the U.S. Army Pine Bluff Arsenal.
The defense contractor will produce 155mm propellant charges and base bleed units at the PBA campus. According to a press release, the facility will establish advanced domestic manufacturing capabilities spanning key stages of munitions production, supporting increased U.S. production capacity and modernizing the nation’s munitions industrial base.
“Hanwha remains committed to supporting the American defense industrial base by bringing our manufacturing strength to the U.S. and creating up to 400 jobs in Arkansas,” said CEO Michael Coulter. “By opening our new office in Pine Bluff that will oversee local operations, Hanwha plans to invest around $2.2 billion in our new Advanced Manufacturing Campus that will transform domestic munitions industrial base and further strengthen America’s arsenal of freedom.”
The facility is expected to create close to 400 jobs over seven years, company officials said.
“By choosing the Pine Bluff Arsenal as the home of their new munitions manufacturing campus, Hanwha Defense USA is delivering a huge win for communities throughout the Arkansas Delta, bolstering local economies and creating hundreds of jobs,” said Gov. Sarah Huckabee Sanders. “It’s because of billion-dollar investments like this one that aerospace and defense is Arkansas’ No. 1 export industry.”
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