Kraig Biocraft Laboratories, Inc. has announced that Jon Rice, the company’s COO, is in Vietnam, reviewing the new facility, interviewing potential hires, and meeting local officials, as the next phase in starting operations at its newly formed production subsidiary, Prodigy Textiles Co. Ltd. The company is the leading developer of spider silk based fibres.
The trip marks the first time that company management will be on the ground in Vietnam, since receiving its investment and enterprise registration certificates, the essential business licenses the company had worked diligently to secure. Rice will remain in Vietnam through the end of the week, ensuring that the factory is on track to receive its first delivery of its proprietary hybrid silkworms.Kraig Biocraft Laboratories, Inc. has announced that Jon Rice, the company's COO, is in Vietnam, reviewing the new facility, interviewing potential hires, and meeting local officials, as the next phase in starting operations at its newly formed production subsidiary, Prodigy Textiles Co. Ltd. The company is the leading developer of spider silk based fibres.#
Rice said, “I am excited to see the new facility first hand and to review the progress getting the building ready to receive our hybrid silkworms. Our consultants on the ground have been doing an excellent job of keeping this project moving forward. This will be a busy week of meetings, as we coordinate with contractors, officials, and potential new employees, as we work to get Prodigy Textiles up and running.”
The company’s research team continues to prepare silkworm’s eggs for shipment, from its Michigan based R&D headquarters, and remains on track to ship materials, as soon as the new facility in Vietnam is ready. (GK)
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