Aspen Aerogels (ASPN) announces Statesboro for second plant (Savannah, Jackson: sale, 2015)

[GaPlanner]

Per PR Newswire

We are pleased to announce the selection of Statesboro, Georgia, as the site for our second manufacturing facility. The forty three acre site is served by rail and provides access to the Savannah, Charleston and Jacksonville ports. 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.

~Don Young, President and CEO of Aspen Aerogels

Per Google Finance:

"Aspen Aerogels, Inc. is an energy technology company that designs, develops and manufactures aerogel insulation used in large-scale energy infrastructure facilities. The Company conducts research and development related to aerogel technology supported by funding from several agencies of the United States government and other institutions in the form of research and development contracts. The Company's end use customers select its products where thermal performance is critical, and to save money, reduce energy use, preserve operating assets and protect workers. The Company's two principal products are Pyrogel and Cryogel, used by many of the oil producers, and the owners and operators of refineries, petrochemical plants, LNG (liquefied natural gas) facilities, power generating assets, and other energy infrastructure. It also derives product revenue from the building and construction and other end markets. It generates product revenue through the sale of its line of aerogel blankets."

Assuming this is at Gateway Industrial but unsure how many jobs or what type of jobs will be created.

[Airforceguy]

According to a release from the governor's office. Aspen will create 100 jobs.

Gov. Nathan Deal today announced that Aspen Aerogels, Inc., a leading provider of high-performance aerogel insulation, will create more than 100 jobs and invest more than $70 million in Statesboro.

“Aspen Aerogels is a major addition to Georgia’s thriving technology industry,” said Deal. “The company’s Statesboro location offers close proximity to our top-notch transportation infrastructure and some of our first-class academic institutions. I am confident that our highly-skilled workforce and competitive resources will be uniquely beneficial for Aspen’s growth in Georgia.”

Aspen Aerogels manufactures energy infrastructure insulation used in refineries, petrochemical plants, LNG facilities, power plants and related operations. Aspen Aerogels manufactures its products in the U.S. and exports more than 60 percent of annual production to international markets.

Deal: Aspen Aerogels to create more than 100 jobs in Bulloch County | Governor Nathan Deal Office of the Governor

[BullochResident]

More diversification for our economy is certainly excellent news.

[Grayfru]

This is great for Statesboro.

[GaPlanner]

Linzer Products Corp., painting accessories products, building $4 million 222,000 square foot manufacturing & distribution facility in Metter. Project will create 200 jobs!