Nephron Pharmaceuticals Plans $313 Million Expansion; Will Create 700+ New Jobs
10/28/2011 8:24:17 AM
Governor Nikki Haley along with Lexington County, the Central SC Alliance, and the University of South Carolina announced Friday that Nephron Pharmaceuticals is expanding to Lexington County. The $313 million investment is expected to generate 707 new jobs. The Orlando-based company is a manufacturer of generic respiratory medications. According to the company's website they already produce one billion units of medication a year. “We are excited to expand our company by locating our new manufacturing facility in Lexington County. This is a big step for our firm and will help us meet increased demand, expand our market share and develop our pipeline of products. South Carolina has an excellent business environment and we look forward to our expansion into the Palmetto State,” said Lou Kennedy, CEO of Nephron Pharmaceuticals Corporation.
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