By Andy Rieger
The Norman Transcript
Pullout Box: Other businesses in NEDC's Norman Business Park
include Client Logic, OfficeMax, Albon Engineering and
Immunomycologics.
SouthWest Nanotechnologies, a private company formed from an OU
professor's research on single-walled nanotubes, broke ground on a
15,000-square-foot headquarters building and manufacturing plant in
southeast Norman Thursday morning.
The company, which plans to increase its 18-member staff, will
relocate from a building on Industrial Boulevard to the Norman
Business Park southeast of SH 9 and 24th Avenue SE. It will be the
fifth major company to locate in the 80-acre business park owned
and managed by the Norman Economic Development Coalition.
A company spokesman said the total cost of the land, building
and equipment is about $3.9 million. One customer for the nanotubes
is Honeywell which will use the products in touch screen
applications. They also are used in the production of lightweight
composites.
With a tractor cutting the tall grass in the background, company
officials joined local and state dignitaries in turning dirt for
the building, designed by Krittenbrink Architecture.
The selected builder is Armstrong Construction Co. A six-month
construction timeline is scheduled for the plant which is designed
to be easily expanded.
NEDC chair Lois Lawler-Brown said the facility represents a large
step forward for SouthWest Nanotechnologies and the OU-NEDC
relationship. "It's really a great step forward for all the parties
involved in the Norman Economic Development Coalition," she
said.
Dave Arthur, the company's chief executive officer, said NEDC will
lease the building and some equipment to SouthWest
Nanotechnology.
"I expect this building will be adequate for one to three years,"
he said. The company now operates out of about 5,000 square feet.
Additional manufacturing, lab and research and development staff
members will be added, he said.
The company's founder and chief scientist is Dr. Daniel Resasco,
an OU professor of chemical engineering. It is one of about 40
nanotechnology startup companies statewide but the only one to be
able to produce on a large scale.
Arthur said the specialized, custom-made nanotubes will have a
major impact on industries ranging from health care to airliner
construction. He said the plant will be able to increase its
production of nanotubes at least 100 times more than it does
now.
"There has been no leader in the single-wall nanotubes. We
expect to do $50,000 per day by the second quarter of 2008," Arthur
told the groundbreaking audience. "We are going to be the center of
the universe -- right here in Norman, Oklahoma -- for single-walled
nanotubes."
Oklahoma Commerce Secretary Natalie Shirley called the
NEDC-SouthWest Nanotechnologies partnership a model for other
communities. She said NEDC takes a company from conception and
carries it through an incubator.
"They grow it," she said. "This truly is the way it should be
done."
Norman Mayor Cindy Rosenthal called the groundbreaking an exciting
time in a cutting-edge industry. "I think it indicates the vitality
and the great partnership that goes on in this community," she
said.



