Valent BioSciences build fermentation facility in Iowa

Valent BioSciences to build fermentation facility in Iowa

12:32 PM, 18th June 2011
Valent BioSciences to build fermentation facility in Iowa

LIBERTYVILLE, US: Valent BioSciences Corporation (VBC), a subsidiary of Sumitomo Chemical Company, will construct a new fermentation manufacturing facility in Osage, Iowa, for the production of biorational agricultural, horticultural, public health and forestry products.

Michael Donaldson, President and CEO, VBC, said the facility represents an estimated $ 150 million investment, with full-scale commercial operations to begin in 2014. Until then, manufacturing will continue at the current facility in NorthChicago, Ill and it’s corporate headquarters will remain in Libertyville.

“Valent BioSciences has been working on plans to relocate our manufacturing operations for some time. After reviewing an extensive list of options, we are excited to construct a fermentation manufacturing facility in Iowa. Osage was a logical selection due to VBC’s longtime relationship with the A to Z Drying Inc operation and the favourable financial and labour environment in Iowa,” informed Donaldson.

The 73-acre campus will include a 130,000-square-foot building along with associated processing and purification equipment, offices, warehouses and quality assurance laboratories. The facility will have annual fermentation capacity in excess of 15 million gallons. Groundbreaking is expected in 2012.

“The new manufacturing facility will also support innovative new products in our pipeline, which include emerging market segments such as crop stress management and physiological seed enhancement,” said Donaldson.

(C) WOC News

 

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