Tuesday, October 7, 2008

Amsino will add 100 jobs to Nashville work force

Amsino Medical USA, a manufacturer of pre-filled syringes, said Monday it plans to more than double its Nashville-area employees over the next two years.

The expansion plans come three years after Amsino acquired an operation here from pharmaceutical giant Baxter Healthcare.

Besides adding roughly 100 people to its payroll, the minority-owned company said it plans to invest $3.5 million on new equipment for its manufacturing plant in southeast Davidson County.

Timir Patel, chief executive of Amsino, cited Nashville's location and reputation as a health-care hub as a key reason for the expansion. In exchange, Nashville-based Amsino is getting tax and training incentives, low-interest loans and energy credits from the state and Tennessee Valley Authority.

Hospitals and other providers use Amsino's syringes pre-filled with salt or sugar water to flush catheters — tubes that are inserted into patients' veins to deliver medication.

Partnership 2010, an economic development push of the Nashville Area Chamber of Commerce, announced Amsino's expansion plans. For the fiscal year that ended on June 30, 50 companies expanded operations in a 10-county Nashville region while 51 other firms relocated their operations here, according to a recent Partnership 2010 report.