PINE BLUFF, Ark. (KATV) — Hanwha Protection USA introduced Monday that it intends to construct a brand new superior manufacturing campus on the U.S. Military Pine Bluff Arsenal.

The corporate touted the brand new campus as a $2.2 billion funding that is anticipated to create round 400 jobs over seven years.

Hanwha stays dedicated to supporting the American protection industrial base by bringing our manufacturing power to the U.S. and creating as much as 400 jobs in Arkansas,” mentioned Hanwha Protection USA CEO Michael Coulter. “By opening our new workplace in Pine Bluff that may oversee native operations, Hanwha plans to take a position round $2.2 billion in our new Superior Manufacturing Campus that may rework home munitions industrial base and additional strengthen America’s arsenal of freedom.

Hanwha mentioned the brand new facility will give attention to the manufacturing of 155mm propellant fees and base bleed models. As well as, the corporate mentioned it’s going to set up superior home manufacturing capabilities spanning levels of the munitions manufacturing course of.

Executives from Hanwha joined Governor Sanders, state officers and native leaders to rejoice the opening of its new administration headquarters on the arsenal Monday. The admin headquarters is step one in HDUSA’s munitions campus imaginative and prescient.

By selecting the Pine Bluff Arsenal as the house of their new admin headquarters, Hanwha Protection USA is delivering an enormous win for communities all through the Arkansas Delta, bolstering native economies and creating tons of of jobs,” mentioned Governor Sanders. “It’s due to billion-dollar investments like this one which aerospace and protection is Arkansas’ primary export business. Thanks, Michael, and all the staff at Hanwha for selecting the Pure State. I stay up for our ongoing partnership as we gas the Arsenal of Freedom right here at residence.