AmbioPharm Inc. (API) announced Tuesday it will be expanding its existing Aiken County operations. The expansion is projected to bring $18 million in new capital investment and add over 100 jobs in the next five years.
“AmbioPharm continues to be grateful for the support that it receives from the state of South Carolina. Without this support, our business could not grow at the accelerated pace that our customers have come to expect,” said AmbioPharm CEO Stephen Kiel.
Located at 1024 Dittman Court in North Augusta, S.C., AmbioPharm will be constructing two additional freestanding buildings, totaling 50,000 square feet, and purchasing additional equipment.
“South Carolina's advanced manufacturing industry has put our state on the map, and AmbioPharm's latest expansion is a testament to that,” said Bobby Hitt, secretary of Commerce. “By growing its already significant operations in our state, AmbioPharm is making a statement that South Carolina, with our pro-business environment and highly skilled workforce, is 'just right' for business.”
“Aiken County is a better place because of companies like AmbioPharm. Aiken County Council appreciates the partnership we have with this company and will continue to work closely with them to foster even more growth,” said Andrew Siders, Aiken County Council chairman.
The full-service peptide and biopharmaceutical manufacturing company started in South Carolina in 2007, establishing its headquarters and manufacturing operations in a 10,000-square-foot facility in North Augusta Industrial Park. In 2014 and 2015 the company made major facility expansions to its Aiken County operations.
“AmbioPharm's continued growth and expansion are impressive. I'm glad it calls North Augusta home. AmbioPharm is our city's best kept secret. People will better appreciate it as they become more acquainted with this great company,” said Bob Pettit, North Augusta mayor.
Hiring for the new positions is projected to begin in the second quarter of 2018, and interested applicants should visit www.ambiopharm.com for more information.
The Coordinating Council for Economic Development has approved job development credits related to this project.