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…]