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Aspen Aerogels, Inc. Plans $70 Million Manufacturing Plant In Statesboro, Georgia

11/09/2015
Aspen Aerogels, Inc., a leading provider of high-performance aerogel insulation, will invest more than $70 million in a new manufacturing complex in Statesboro, Georgia. The company plans to create more than 100 jobs.

The company manufactures energy infrastructure insulation used in refineries, petrochemical plants, LNG facilities, power plants and related operations.

“The factors we considered to choose Bulloch County as the site for our second manufacturing facility were compelling,” said Don Young, President/CEO of Aspen Aerogels. “The 43-acre Statesboro site is served by rail and provides excellent access to the Port of Savannah. The City of Statesboro and the surrounding region is served by a well-developed technical education system featuring Georgia Southern University, Ogeechee Technical College and East Georgia State College.”

“ In addition, the region is home to a strong, available workforce and will provide Aspen with secure and low-cost utilities and good access to critical raw materials. We also received great support from the State of Georgia, Bulloch County and the City of Statesboro. We are excited to become an active member of the local community,” he added.

Aspen Aerogels currently employs more than 250 personnel at facilities in Northborough, Massachusetts, and East Providence, Rhode Island. The firm manufactures its products in the U.S. and exports more than 60 percent of annual production to international markets.

“Aspen Aerogels is a major addition to Georgia’s thriving technology industry,” said Governor Nathan Deal. “The company’s Statesboro location offers close proximity to our top-notch transportation infrastructure and some of our first-class academic institutions. I am confident that our highly-skilled workforce and competitive resources will be uniquely beneficial for Aspen’s growth in Georgia.”

Georgia Department of Economic Development Project Manager Wylly Harrison represented the Global Commerce division throughout this project in collaboration with the Development Authority of Bulloch County, Georgia Quick Start, Georgia EMC and the Georgia Ports Authority.

“Being a part of the No. 1 business climate in the nation means access to a skilled workforce, a collaborative group of state and local partners, a well-connected infrastructure and a high quality of life,” said GDEcD Commissioner Chris Carr. “We continue to attract top-tier prospects, like Aspen Aerogels, because of this unique combination, and we look forward to working with them to build upon their existing success in the thermal management industry.”

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