SC: AmbioPharm to Invest 18.8M, Expand Aiken County Facility, Hire 100 | Trade and Industry Development

SC: AmbioPharm to Invest 18.8M, Expand Aiken County Facility, Hire 100

Aug 20, 2015

AmbioPharm, Inc. (APi), a company that specializes in the manufacturing of peptides and the development of generic drugs, is expanding its existing Aiken County operations. The company is investing $18.8 million in the expansion and will create 100 new jobs over the next five years.

APi started their business in South Carolina in 2007, by establishing its company headquarters and downstream manufacturing operations in a 10,000-square-foot facility in the North Augusta Industrial Park. That same year, APi also opened its Shanghai, China operations, which focuses on synthesis, as well as the research and development of pharmaceutical products. In 2014, the company made major facility expansions by adding 10,000 square feet in North Augusta and 18,000 square feet in Shanghai. Between the two facilities, the company now employs more than 200 workers.

To expand its Aiken County operations, APi is planning to construct additional manufacturing suites and a new world headquarters building on the existing 32 acres that APi owns. In total, the new additions will add approximately 40,000 square feet to the company's existing facility at 1024 Dittman Court, North Augusta, South Carolina.

The expansion in North Augusta is anticipated to be completed by the third quarter of 2018. APi currently has numerous openings and hiring for the new positions is expected to begin immediately. Those interested in joining the APi team should contact the company via the email address: HR@ambiopharm.com. For more information on the company, visit www.ambiopharm.com.

The Coordinating Council for Economic Development has approved job development credits related to the project.

QUOTES

"Our expansion is the product of our hard-working, talented team of employees, the trust of our customers in the quality of our product and delivery system and the support we have received from the City of North Augusta, Aiken County and the State of South Carolina. The State truly knows how to work with rapidly growing enterprises." -AmbioPharm, Inc. Founder and Chief Executive Officer Dr. Chris Bai

"AmbioPharm's decision to build its headquarters in South Carolina is another example of how our workforce and business-friendly environment continue to attract companies to our state. This $18 million investment and the 100 new jobs it will create illustrates AmbioPharm's continued commitment to Aiken County and to South Carolina as a whole." -Gov. Nikki Haley

"I have often said that whether its cars, planes or pharmaceuticals, South Carolina's manufacturing industry is thriving, and today's announcement by AmbioPharm is a testament to that. I offer my congratulations to APi on this significant expansion and look forward to supporting them as they continue to grow and prosper in our state." -Secretary of Commerce Bobby Hitt

"Aiken County is happy to congratulate AmbioPharm on its $18 million expansion that will create 100 new jobs in Aiken County. It's gratifying that Dr. Bai and his team call Aiken County home. Aiken County Council is looking forward to continuing our partnership with them." -Aiken County Council Chairman Ronnie Young

"Successful economic development is more than just bringing in new companies. The continued growth of our existing industries plays a large role in the success of our city and county. Congratulations to AmbioPharm as they celebrate an $18 million expansion and 100 new jobs coming to our city." -City of North Augusta Mayor Lark Jones

"We are excited with Ambiopharm's continued commitment to Aiken County and the City of North Augusta. New capital investment and new jobs is always great news that we do not take for granted. Thank you and congratulations." -Aiken-Edgefield-Saluda Economic Development Partnership Chairman Gary Stooksbury

FIVE FAST FACTS

  • AmbioPharm, Inc. is expanding its existing Aiken County operations.
  • $18.8 million investment creating 100 new jobs over the next five years.
  • APi located in South Carolina in 2007, establishing its company headquarters and manufacturing operations in a 20,000-square-foot facility in the North Augusta Industrial Park.
  • APi is planning to construct additional purification process facilities and a new world headquarters building
  • Those interested in joining the APi team should contact Allison Lott at HR@ambiopharm.com.

About AmbioPharm, Inc.

AmbioPharm, Inc. (APi) is a full-service peptide manufacturing company headquartered at our North Augusta, SC cGMP production site. Our second cGMP facility in Shanghai, China, performs process development & optimization, and manufactures building blocks, raw materials, and custom peptides at very large scale. Both our cGMP facilities are capable of handling any manufacturing scale required to produce bulk peptides to custom specifications using a wide range of skill sets in both solid and solution-phase chemistry. Our management team has over 100 years cumulative experience running pilot to commercial scale production. We also perform organic conjugations to small molecules, proteins, toxoids, antifungals, KLH, and PEG, visit www.ambiopharm.com.

About S.C. Department of Commerce

As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as Boeing, Bridgestone, Continental, Monster.com, Volvo Cars, ZF Group, BMW and Google Inc. and also supports startups, small and existing business, innovation and rural development initiatives. Commerce partners with the S.C Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. Consistently, South Carolina has ranked as one of the top states in the nation for attracting jobs through foreign investment, according to IBM-Plant Location International and FDI Markets reports. For more information, visit www.SCcommerce.com.

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