Company Acquires Former NutraSweet Plant
A biotech company will acquire a local manufacturing facility.
Manus Bio Inc., a supplier of natural ingredients, will create up to 50 product development, manufacturing and distribution jobs through the acquisition of the former NutraSweet plant in Augusta, according to an announcement from the Georgia Department of Economic Development.
“Georgia continues to be a leader in the life sciences and health information technology sectors as a result of our pro-business environment and highly-skilled talent pool,” said GDEcD Commissioner Pat Wilson. “Manus Bio will bring quality jobs to Augusta while having access to Georgia’s unique business assets. We look forward to working with them to support future growth.”
The acquisition allows Manus Bio to expand manufacturing, accelerate commercialization, and fulfill the growing demand for its ingredients. The expansion taps into Augusta’s proven and experienced workforce.
“We look forward to manufacturing our ingredients in Georgia and contributing to the State’s bioeconomy. In particular, we are impressed by the talented employees and are appreciative of the strong support we have received from the local and state government,” said Dr. Ajikumar Parayil, founder and CEO of Manus Bio. “The established manufacturing capabilities in Augusta will enable us to scale our operations and address the rising demand for high performance natural ingredients using our advanced fermentation technology.”
Georgia Department of Economic Development project manager Sunny Anderson represented the Global Commerce division in partnership with Georgia EMC.