Located in Hutto's Innovation Business Park, Ovivo will use the plant mainly to produce ceramic membranes for filtering water and wastewater.
"We are bringing membrane manufacturing into America. Previously, we had to buy membranes from places like Japan, Germany and Denmark, but now our technology will be home grown and homemade," Ovivo representative Mike Snodgrass said at the groundbreaking.
As part of an agreement with the Hutto Economic Development Corp. passed last August, Ovivo is required to invest $25 million in the site by the end of 2024 and create 96 full-time jobs by the end of 2027.
Ovivo is one of several technology-focused companies coming to Innovation Business Park. Others on the way include BryComm and Kval, which broke ground on its facility in August.
"[Ovivo's] business model perfectly embodies the applied technologies, which is one of our key strategies," EDC Treasurer Shawn Lucas said. "The Hutto EDC is all about advancing growth as well as opportunity, which is exactly what we see in Ovivo."
