Nephron Pharmaceuticals Corporation has announced it will establish a new pharmaceutical manufacturing campus and offices in Lexington County, South Carolina. The $313 million project is expected to generate 707 new jobs, and be operational in the next couple of years.
Nephron is a global leader in manufacturing generic respiratory medications available to retail pharmacies, hospitals, home care companies and other customers. Its Orlando, Florida-based headquarters is comprised of 250,000-sq.-ft. of manufacturing, distribution and packaging facilities. The company has distribution centers in Kentucky and Arizona.
"We are excited to expand our company by locating our new manufacturing facility in Lexington County" said CEO Lou Kennedy. "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."
The South Carolina Dept. of Commerce has committed a set-aside grant of $4.5 million for site preparation and infrastructure. Nephron also was approved for job development credits, available when hiring targets are met. In addition, it will receive training support from the state's ReadySC program.