Molecular Processing, LLC is establishing its new manufacturing operations in Hot Springs, planning to create over 50 new jobs within five years.
The company has acquired the ORG Chem Group chemical distillation facility in Hot Springs and intends to modernize it with an estimated $1.5 to $2 million investment.
As part of its long-term goals, Molecular Processing, LLC plans to make a capital investment to expand the existing facility, adding 50,000-75,000 square feet.
The total investment is estimated to be approximately $9 million.
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Author's summary: Molecular Processing creates 50 jobs.