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Report: Medical isotope company plans to build manufacturing facility in Oak Ridge

Posted at 9:51 pm October 9, 2016
By John Huotari 3 Comments

heritage-center

A building at the entrance of Heritage Center is pictured above. (Photo by CROET)

Note: This story was updated at 8:45 a.m. Oct. 10.

A Florida newspaper reported on Wednesday that a medical isotope company will build a manufacturing facility in Oak Ridge, rather than relocating to a city in north Florida.

Coquí RadioPharmaceutical had planned to build a $250 million manufacturing facility in Alachua, which is near Gainesville, with 164 jobs paying an average of $75,000, the Gainesville Sun reported.

But the company announced Wednesday that it will instead build its facility in Oak Ridge, lured by a gift of 170 acres from the U.S. Department of Energy and the opportunity to work with Oak Ridge National Laboratory, a DOE lab, the newspaper said.

On Saturday, Oak Ridge City Manager Mark Watson said he is aware of the company, and it is working with the state of Tennessee. [Read more…]

Filed Under: Business, East Tennessee Technology Park, Front Page News, Government, Oak Ridge, Oak Ridge, Oak Ridge National Laboratory, Top Stories, U.S. Department of Energy Tagged With: Alachua Countu, Alchua, Carmen Bigles, City of Oak Ridge, Community Reuse Organization of East Tennessee, Coqui RadioPharmaceutical, East Tennessee Technology Park, Florida, Gainesville Sun, Gresham Smith and Partners, Heritage Center, Kevin Tillbury, Mark Watson, medical diagnostic and therapeutic radioisotopes, medical isotope, medical radioisotopes, Mo-99, molybdenum-99, Oak Ridge National Laboratory, radioisotopes, Roane Alliance, Tennessee, Tennessee Valley Authority, U.S. Department of Energy, University of Florida Foundation, Warren Gooch

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