Kraig Biocraft Labs, a biotechnology company, is developer of genetically engineered spider silk based fiber technologies. It celebrated the opening of new facility of Prodigy Textiles in Vietnam. The new facility has the capacity and utilities to support the target capacity growth in Vietnam through the first phase of operations and a pre-designated 50 hectare parcel of land located nearby will serve as a launch pad for future expansion.
The opening celebration was attended by officials from the province and local district, as well as leaders from the farming cooperatives.
Mr Jon Rice, COO said, “Having now seen the new facility first hand I am confident that we will soon have a thriving operation up and running. We are now in the process of getting the final building updates outlined and completed so that it will be ready to receive the first shipment of our silkworms. Our team in Vietnam continues to put in an incredible amount of effort to bring this ground-breaking project to reality.”