South Korean defense contractor will build $2.2 billion factory at Pine Bluff Arsenal

URLhttps://arkansasadvocate.com/2026/09/21/south-kore
SourceArkansas Advocate
Date Published09/21/2026
Author NameTess Vrbin

Additional Reshoring Information:

Company/Division name Hanwha
Parent companyHanwha Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2026
Year reshoring implemented or to be implemented:2033
Capital investment ($):2200
Country(ies) from which reshored:Korea, South
City reshored to:Jefferson County
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredartillery ammunition
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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