Press Release
June 11 - June 30
American Pacific Corporation Finalizes $100 Million Capacity Expansion with Parent Company Approval
Strategic Investment to Support Critical U.S. and Allied Solid Rocket Motor and Space Launch Programs
Cedar City, Utah – June 11, 2025
American Pacific Corporation (AMPAC), a leading supplier of critical materials for solid rocket propulsion, recently announced that its parent company, NewMarket Corporation (NYSE: NEU), has approved a capital investment of up to $100 million to expand AMPAC’s ammonium perchlorate production capabilities.
The investment will support the construction of a new production line at AMPAC’s Cedar City, Utah facility, increasing capacity by more than 50%. The expansion is a direct response to the rapidly growing demand from U.S. and allied defense programs, as well as civil space launch systems. Project completion is anticipated in 2026.