Kraig moves closer to Vietnam facility
20/03/2017
During the trip, Kraig representatives met with local officials to identify potential locations for the company’s silk production operations. These included a Greenfield site and existing facilities, which all meet short- and long-term requirements for space and production.
Kraig is now working with Vietnamese officials to gain approval for investment and for the introduction of its hybrid silkworms.
“After touring the province and reviewing numerous potential sites, I believe we’ve found excellent locations to begin production in Vietnam,” said Kraig chief operating officer Jon Rice. “The region’s existing infrastructure and expertise are cause to believe that we should be able to follow the same operation ramp up as our Indiana facility.”
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