New Hampshire-based firearms company, Sig Sauer, is set to invest $150 million in expanding its Elite Performance Ammunition manufacturing facility in Jacksonville, Arkansas. This move is expected to add over 600 new jobs in the next five years, building on the firm’s existing footprint in the state. The expansion aims to fulfill Sig Sauer’s contract with the U.S. Department of Defense. The company has been operating in Jacksonville since 2016 and currently employs around 350 people.
  

Key Points: 

1. Sig Sauer is investing $150 million to expand its ammunition manufacturing facility in Jacksonville, Arkansas.
2. The expansion is projected to generate over 600 new jobs within the next five years.
3. Sig Sauer’s expansion will include a new 250,000-square-foot building to support various manufacturing processes.
4. The company first set up its ammo plant in Jacksonville in 2016, starting with 50 jobs and has since grown to employ approximately 350 people.
5. The expansion will enhance Sig Sauer’s capacity to produce ammunition for the Defense Department, law enforcement, and consumers, along with developing pistol night sights at the Jacksonville facility.

Source: https://www.militarytimes.com/off-duty/gearscout/2023/10/08/sig-sauer-plans-to-expand-ammunition-factory-in-central-arkansas/