Biotech / Finance

Kraig Biocraft Laboratories' Management Completes Site Survey with Vietnamese Officials

From Biotech
March 17, 2017 - 6:05am
ANN ARBOR, Mich., March 17, 2017 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) ("Company"), the leading developer of spider silk based fibers, announced today that the Company's management just completed a site survey trip in Quang Nam province, Vietnam, with Vietnamese officials.  Company leadership worked with local officials to identify potential locations for the Company's silk production operations.  Properties identified include a Greenfield site and existing facilities that should meet both short term and long term requirements for space and production.  The Company is now working with Vietnamese officials to pursue approvals for investment and for the introduction of our hybrid silkworm. "After touring the province and reviewing numerous potential sites, I believe we've found excellent locations to begin production in Vietnam," said COO ...Full story available on Benzinga.com


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