Firearms and ammunition manufacturer SIG Sauer Inc. of Newington, New Hampshire, has announced plans to expand its factory in Jacksonville.
The $150 million expansion of the facility at 1809 Swift St. is expected to create 625 jobs over the next five years, according to a news release from the governor’s office. That will bring total employment at the factory to about 973.
The company will be investing in component hybrid case manufacturing, primer manufacturing, and load/pack operations to support multiple contracts with the U.S. Department of Defense. As part of the expansion, SIG Sauer plans to build a new 250,000-SF building to house parts of its manufacturing processes.
“We are incredibly excited about expanding our ammunition operations here in Jacksonville and building upon years of success in Arkansas,” Ron Cohen, president and CEO of SIG Sauer, said in the release. “This opportunity has proven itself essential to the growth and sustainment of our ammunition business, and further enforces our commitment to the Arkansas community and workforce.”
SIG Sauer relocated its Elite Performance Ammunition manufacturing operation from Eubank, Kentucky, to the 75,000-SF space in Jacksonville in 2016. The company also makes pistol night sights at the facility.
“SIG Sauer has a wonderful growth story and has become a regional employer of choice since they first invested in Jacksonville in 2016,” Jay Chesshir, president and CEO of the Little Rock Regional Chamber, said in the release. “This significant expansion further solidifies Metro Little Rock as a nationwide leader in the ammunition and shooting sports industries.”
The expansion qualified for the following state incentives: the Tax Back program, which provides sales and use tax refunds on the purchase of building materials and taxable machinery; eight years of the Create Rebate program, an annual cash rebate based on the number of jobs added by a company and targeted wages; and $8 million from the Governor’s Quick Action Closing Fund.
Logan Perry, chairman of the Jacksonville Chamber of Commerce, said the project will have a ripple effect on the local economy.
“Not only does this bring job opportunities to our community, it also boosts real estate sales, along with heightened revenue to local businesses because of these additional jobs,” he said. “The Jacksonville Chamber of Commerce looks forward to continuing to support SIG SAUER and enhance their footprint in Central Arkansas.”