NanoStatics LLC to get $7,42,500 loan for new facility
08 Dec '06
1 min read
Development Financing Advisory Council in Ohio has consented for a $7,42,500 loan to tech firm NanoStatics LLC, enabling it to shift to Pickaway County.
Company will utilize the seven year loan to purchase equipment and machinery for a unit to be opened at Circleville. It is hiring area at Business Technology Center in Columbus.
Nanostatics LLC manufactures electrospinning machinery for paper industry. By passing a liquid solution or polymer through an electrical field, specialized nanofibres can be prepared by the electrospinning technique.
These nanofibres are 100 to 1,000 times small in size compared to textile fibres. The new unit will employ around 29 people in next three years.
marketing@alchempro.com
