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Kraig Biocraft takes possession of Indiana property
27
Jul '16
Developer of silk based fibres Kraig Biocraft Laboratories has through a lease agreement, taken possession of a property in Indiana, where it plans to set up its next new production facility.

This facility is expected to increase the company's US production capacity by nearly twenty times and will be used to fulfill its recently awarded contract from the US Government and also supply to others.

Kraig Biocraft has already begun interior construction and expects to have the facility ready for operations by August 10, 2016.

“This expanded domestic capacity should allow us to be more responsive to customers in both capacity and variety of spider silk materials,” said COO Jon Rice.

“This growth of our production capacity will allow us to expand our relationships with both industry and governmental collaborators,” he added. (AR)

Fibre2fashion News Desk - India


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