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Kraig completes site survey for silk production at Vietnam
20
Mar '17
Kraig Biocraft Laboratories, Inc. developer of genetically engineered spider silk-based fibre technologies, has announced that the Company’s management has completed a site survey trip in Quang Nam province, Vietnam, with Vietnamese officials. The company leadership worked with local officials to identify potential locations for silk production operations.

Properties identified include a Greenfield site and existing facilities that should meet both short term and long term requirements for space and production. The company is now working with Vietnamese officials to pursue approvals for investment and for the introduction of our hybrid silkworm.

The company’s COO Jon Rice said, “After touring the province and reviewing numerous potential sites, I believe we’ve found excellent locations to begin production in Vietnam. We are still working to secure necessary approvals and no final decisions have been made. However, the region’s existing infrastructure and expertise are cause to believe that we should be able to follow the same operation ramp up as our Indiana facility. We would like to, again, thank our Vietnamese host for their hospitality and look forward to future meetings and discussions.” (GK)

Fibre2Fashion News Desk – India


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