# Albemarle to invest up to $540 million in Arkansas bromine facility expansion

Albemarle Corporation announced plans to invest up to $540 million to expand and modernize two bromine facilities in Magnolia, Arkansas, to meet growing demand for fire safety and specialty products.

- Type: Expansion
- Announced: 2022-11-09
- Where: Magnolia, Arkansas, United States
- Value: $540.0M
- Jobs: 250
- Starts operating: 2027
- Status: announced
- Products: bromine-based fire safety products, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Albemarle](https://endata.com/companies/10514.md)

## Sources

- [arkansasedc.com](https://www.arkansasedc.com/news-events/newsroom/detail/2022/11/09/albemarle-corporation-invests-up-to-540-million-in-arkansas-facility-expansion), 2022-11-09: "The facility investments, along with the jobs and the economic stability they bring, reaffirm our dedication to the area and to meeting our customers’ needs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.