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

A South Korean company announced Monday it will build its first United States facility that produces artillery ammunition at Arkansas’ Pine Bluff Arsenal, creating about 400 jobs with an average wage of $50 per hour over seven years. Hanwha Defense USA’s $2.2 billion factory “is the kind of transformational investment Jefferson County and the Delta need,” Gov. Sarah Huckabee Sanders said at Monday’s news conference and ribbon-cutting ceremony that celebrated the opening of new administration...