New jobs are coming to Lee County. SiO2 Medical Products is investing $90 million to build a new plant in Auburn, adding up to 300 jobs.
SiO2 supplies the medical industry with products for biological drugs.
"An essential part of creating new jobs is encouraging our existing companies to further their investments in this state," Governor Robert Bentley said. "SiO2 Medical Products is creating new opportunities in the form of additional well-paying jobs, and we appreciate their continued commitment to Alabama."
This project was brought to a fruition thanks to a partnership with the Retirement Systems of Alabama (RSA).
"We are fortunate to have such a pioneering company creating jobs in Auburn, " Mayor Bill Ham said.
"RSA has worked on this project for two years, and the financing closed last week," RSA Chief Executive Officer Dr. David Bronner said. "We are very excited about the opportunity to partner with SiO2 Medical Products' Chairman Bobby Abrams, Auburn Mayor Bill Ham, Auburn Economic Development Director Phillip Dunlap, Speaker of the House Mike Hubbard, and Governor Robert Bentley to expand the plant in Auburn."
SiO2's products are protected by 37 patents worldwide. Officials tell us its roots in Auburn date back to 1994.
Construction of the new facility is underway at Auburn Technology Park West.
We will have more details on today's announcement beginning on News Leader 9 at Five. Copyright 2012WTVM. All rights reserved.