Insys Therapeutics Inc. to invest $24 million in Round Rock facility


On Thursday, Insys Therapeutics Inc. announced an expansion of its Round Rock location with an additional $24 million investment. The business is located at 2700 Oakmont Drive.

“This expansion will provide additional jobs for the local community and contribute to the continued economic growth in this area,” Insys Vice President and General Manger Bryan Waltrip said. “We are excited both as a company and as a local partner to be a part of this exciting opportunity.”

The money will be used for new equipment within their facility, which will enable the company to create new jobs in the area.

Insys is already in the process of completing a 30,000-square-foot expansion. The pharmaceutical manufacturer is headquartered in Chandler, Ariz.

“This type of facility is a tremendous compliment to the businesses already in the area and their expansion further develops the foundation we are building for future growth in the bioscience industry,” Round Rock Chamber Director of Business Retention and Expansion Saridon Stanton said.


Comments are closed.

Emily Donaldson
Emily Donaldson is a recent transplant to the Austin area from Houston, Texas, where she started with Community Impact Newspaper in May 2016. Donaldson started covering public education in Cy-Fair ISD, the third largest school district in the state of Texas, and then she transitioned into her role as the company's legislative reporter, providing statehouse coverage for all 22 editions. Currently, she reports on the city of Round Rock and Round Rock ISD for the Round Rock, Pflugerville and Hutto edition. Donaldson graduated from the University of Missouri with bachelor's degrees in magazine journalism and political science.
Back to top