Hanwha Defense USA investing $2.2B for manufacturing campus at Pine Bluff Arsenal
Hanwha Defense investing $2.2B for manufacturing campus at Pine Bluff Arsenal (PHOTO: Hanwha Defense USA)
PINE BLUFF, Ark. (KATV) —Hanwha Defense USA announced Monday that it intends to build a new advanced manufacturing campus at the U.S. Army Pine Bluff Arsenal.
The company touted the new campus as a $2.2 billion investment that’s expected to create around 400 jobs over seven years.
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 Hanwha Defense USA 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.
Hanwha said the new facility will focus on the production of 155mm propellant charges and base bleed units. In addition, the company said it’ll establish advanced domestic manufacturing capabilities spanning stages of the munitions production process.
Executives from Hanwha joined Governor Sanders, state officials and local leaders to celebrate the opening of its new administration headquarters at the arsenal Monday. The admin headquarters is the first step in HDUSA’s munitions campus vision.
By choosing the Pine Bluff Arsenal as the home of their new admin headquarters, Hanwha Defense USA is delivering a huge win for communities throughout the Arkansas Delta, bolstering local economies and creating hundreds of jobs,” said Governor Sanders. “It’s because of billion-dollar investments like this one that aerospace and defense is Arkansas’ number one export industry. Thank you, Michael, and the entire team at Hanwha for choosing the Natural State. I look forward to our ongoing partnership as we fuel the Arsenal of Freedom here at home.
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