Thursday, April 19, 2012

Medical company to create 1,500 jobs near Social Circle

Posted By on Thu, Apr 19, 2012 at 10:14 AM

Gov. Nathan Deal this morning announced that Baxter International, a major medical company, plans to locate a bio-pharmaceutical manufacturing facility 40 miles east of Atlanta along I-20. The company's production center, which state officials say would be a $1 billion investment, is expected to create approximately 1,500 jobs. So says the Governor's office:

Baxter's new Georgia facility will manufacture plasma-based therapies that treat chronic and life-threatening illnesses. The new facility will be located in Stanton Springs, a business park that spans Jasper, Morgan, Newton and Walton counties. The operation will also include warehouse and distribution facilities. In addition to the manufacturing facility, Baxter will locate plasma centers in a number of communities around the state.

[...]

Plasma protein fractionation, the process of separating plasma into its components, is the largest industry segment in global therapeutic protein manufacture. The $14 billion global industry supplies products to more than one million patients each year. The United States provides more than 50 percent of the world's plasma supply, and Baxter is among the world's leading producers.

Now, let's find out about what kind of incentives it took to lure the company here.

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