Aerojet Rocketdyne announced today that it will expand its facility in in Camden in Calhoun County.
The expansion includes adding 85 new full-time employees and an $18 million investment in new buildings, upgrades and new equipment. The additional employees bring the facility’s total employment to more than 630.
Aerojet Rocketdyne is a world leader in the development and manufacture of aerospace and defense products. The company manufactures solid rocket motors and warheads for the defense industry in Calhoun County.
The announcement comes after Arkansas Gov. Asa Hutchinson attended the Paris Air Show last week, where he and several Aerojet Rocketdyne leaders discussed and finalized the expansion plans during a meeting at the show, a news release said.
“The No. 1 way we can grow Arkansas’ economy is through supporting our existing companies and giving them the tools they need to thrive in the state,” said Governor Hutchinson. “During our time in Paris, I had the opportunity to meet with the several Aerojet Rocketdyne leaders. The company expressed confidence in the state’s overall business climate and southern Arkansas’ workforce. Thanks to Aerojet Rocketdyne for their ongoing commitment to doing business in Arkansas.”
“The city of Camden very much appreciates the significant investment Aerojet Rocketdyne is making in our community,” Camden Mayor Marie Trisollini said. “The company’s decision to expand will have a positive impact on many families in Camden, Ouachita County and Calhoun County for years to come. We have a workforce in place that will be a great fit for the new jobs that will be created. We look forward to the company’s continued growth in southern Arkansas.”