Maximize your media exposure with our single PR package
Kraig expands production footprint in Vietnam
14 May 19 1 min read
Kraig Biocraft Laboratories through its subsidiary Prodigy Textiles has signed a new five year lease on a factory, expanding its production footprint in Vietnam. The company is expecting to begin transferring its technology into the larger factory from the temporary facility that Prodigy Textiles has been utilising since December of 2018.
“Our team in Vietnam, led by Kenneth Le, has done an excellent job of scouting, selecting, and negotiating the terms of this deal. With its close proximity to the necessary mulberry fields, and easy access to shipping ports, this facility will serve as a springboard for Kraig Labs introduction of spider silk into the global textile markets,” said COO Jon Rice.
The roughly 50,000 ft2 facility in Quang Nam province is expected to play a major role in supporting the company’s increasing production capacity of its proprietary recombinant spider silk technologies. (RR)
Fibre2Fashion News Desk – India
Popular News
|
|
Global sports company Puma & Scuderia Ferrari launch new collection |
|
|
German brand Puma teams up with KidSuper to redefine sportswear |
|
|
South Indian cotton yarn market bearish; steep fall in Mumbai |
|
|
Bangladesh mulls VAT exemption for recycled fibre industry |
|
|
Bearish trend in north Indian cotton yarn market, prices decline |
|
|
Bangladesh garment makers seek US support for fair apparel pricing |
