Statesboro lands Aspen Aerogels plant
STATESBORO, Ga. — Aspen Aerogels, maker of high-performance aerogel insulation, will invest more than $70 million to build a new manufacturing facility in Statesboro and create more than 100 jobs.
With headquarters in Northborough, Massachusetts, the company currently employs more than 250 workers. The company recently completed an expansion of its manufacturing facility in East Providence, Rhode Island.
“The factors we considered to choose Bulloch County as the site for our second manufacturing facility were compelling,” said Don Young, president and 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.”
The company expects to begin construction sometime in 2016 and begin production in 2017, according to Benjy Thompson, CEO of the Development Authority of Bulloch County. The city and the county have committed to infrastructure improvements to the site in Gateway Industrial Park. The county will apply for a grant to build a new railway spur.
Aspen Aerogels manufactures aerogel insulation used in energy infrastructure such as refineries, petrochemical plants, LNG facilities, power plants and related operations. Aspen Aerogels manufactures all its products in the U.S. and exports more than 60 percent of annual production to international markets.
Source: Statesboro Herald