Pharmaceutical company announces 700+ new jobs in Lexington Co. - wistv.com - Columbia, South Carolina |

Pharmaceutical company announces 700+ new jobs in Lexington Co.

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COLUMBIA, SC (WIS) - Nephron Pharmaceuticals Corporation today announced that the company will locate its new operations in Lexington County. The $313 million investment is expected to generate 707 new jobs.

"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.

Nephron Pharmaceuticals Corporation will establish a new pharmaceutical manufacturing campus and offices in Lexington County.

The Nephron plant is going in near 12th street and I-77, which is the same interstate exchange where the new Amazon facility is located.

The company is based in Orlando where it currently operates 250,000 square feet of manufacturing, distribution and packaging facilities. Additionally, the company has distribution centers in Kentucky and Arizona.

"It's another great day in South Carolina with today's announcement," said Gov. Nikki Haley. "We celebrate Nephron Pharmaceuticals' decision to locate its new manufacturing facility in the Midlands and create hundreds of well-paying new jobs. This is a big win for our state."

In June, William and Lou Kennedy were awarded the Order of the Palmetto for their philanthropy in founding the Kennedy School of Pharmacy at the University of South Carolina. Both are South Carolinians and alumni of the University of South Carolina. Discussions between the Governor and the Kennedys during the Order of the Palmetto visit led the company to consider South Carolina for the new facility.

"I am gratified that Lou and Bill Kennedy, who have already established the Kennedy Pharmacy Innovation Center at Innovista, see the University of South Carolina and our state as locations to further their commitment to pharmaceutical manufacturing with world class quality and efficiency," said University of South Carolina President Dr. Harris Pastides. "Their vision and keen business acumen have led to an important second step in increasing innovation and the knowledge economy in South Carolina,"

The new facility will be located on a 60-acre parcel of land near the Amazon facility in Lexington. It is expected to be up and running in the next couple of years.

The S.C. Department of Commerce has committed a set aside grant of $4.5 million for site preparation and infrastructure. The company was also approved for job development credits, which will be available when hiring targets are met. The company will receive training support from the state's ReadySC program.

Nephron Pharmaceuticals Corporation manufactures generic respiratory medications. The company's products are available to retail pharmacies, hospitals, home care companies, long term care facilities, mail order pharmacies, and various other customers. For more information about Nephron Pharmaceuticals Corporation, visit www.nephronpharm.com.

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