LAWTON--An Edmond based nanotechnology firm said Thursday it plans to open a sunscreen manufacturing plant in Lawton beginning in November.
NanoBioMagnetics CEO Charles E. Seeney told the Nano Focus Convention in Oklahoma City that a subsidiary company, Xeta Comp, would begin manufacturing a sunscreen this November.
"There is a need for a broad spectrum UV sunscreen," Seeney said. "We need sunscreens that provide us with a broad spectrum protection from both UVA and UVB rays."
The sunscreen, called SunVex, will be available to the public beginning this summer on a limited basis. The current batch of sunscreen is being manufactured at a plant in Pennsylvania. Xeta Comp General Manager Earl Herring said by next summer the goal is to have the sunscreen sold nationally.
As for bringing Xeta Comp to Lawton, Herring said it will provide Lawton with a high tech manufacturer the area lacks.
"We have an opportunity to get a cutting edge technology in Southwest Oklahoma, specifically Lawton," Herring said. "We have a chance to bring in more engineers and chemists into a manufacturing facility that we don't have there."
The type of manufacturing that will be done at Xeta Comp, set to be located across from the VFW Post on NE 20th Street in Lawton, is high tech.
"It will require a professional staff," Seeley said. "The type of manufacturing we're talking about is not a conventional process it's a high tech process. The manufacturers will be engineers and chemists."
Projections announced at Thursday's convention calls for Xeta Comp to create 50 high-tech jobs, and in five years the company could become a $50 million company Seeley estimated. He also said coming to Lawton would provide an excellent partnership opportunity with the Great Plains Technology Center and Cameron University.