What's Happening?
Underwood Ammo, a U.S.-based ammunition manufacturer, has announced plans to construct a $41 million manufacturing facility near Savannah, Georgia. The new facility is expected to create 120 jobs in operations, maintenance, and assembly. Construction is scheduled to begin in 2026, with hiring set to start in 2027. The facility will be located at the Savannah Portside International Park, enhancing Underwood Ammo's production capabilities for handgun and rifle ammunition.
Why It's Important?
The establishment of Underwood Ammo's new facility is significant for the local economy, providing job opportunities and boosting economic activity in the Savannah area. The investment reflects the growing demand for ammunition products in the U.S., driven by factors such as increased interest in hunting and self-defense. The facility's location near a major port also offers logistical advantages, facilitating efficient distribution of products. This development underscores the importance of manufacturing investments in regional economic growth and job creation.
