KC biotechnology company to dedicate $1.4 million downtown expansion
A Kansas City biotechnology company on Friday will officially dedicate a $1.4 million renovation and expansion of its downtown manufacturing facility at 1327 E. Ninth St.
SCD Probiotics recently completed work on the expansion, which doubled the laboratory space and increased manufacturing capacity by five-fold.
The company currently has 30 employees, but it expects to add about six more workers as production increases in 2013.
SCD ferments microbes, that among other things, cuts the stench of a livestock manure lagoon. Besides agriculture and products for the pet food supplement industry, the company said its technology has human health and home and garden applications.
Financing of the building renovation, production equipment and lab expansion was provided by private investors, UMB Bank, and government tax credits and other incentives, the company said.
"The financial assistance provided to us over the past several years has helped SCD increase production capacity, hire and train new people, and invest in our community," Matt Wood, founder and chief executive of SCD said in a statement.
The company also signed a lease in August for 12,000 square feet of warehouse space at 1951 E. 18th St. Its corporate office is at 1627 Main St.
Missouri Gov. Jay Nixon and Kansas City Mayor Sly James are expected to attend a ceremony at the manufacturing facility Friday.
SCD, which was launched in 2004, said its business has grown steadily over the last five years. The company said international agreements and licensing arrangements allow for the production, manufacturing and selling of its products in 28 countries, including China, Mexico, Spain, Thailand, Myanmar, and the Czech Republic.
In 2012, SCD said it introduced five "green solution" products to remove grease and fat from animal hides in the leather tanning industry.
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This article was distributed through the NewsCred Smartwire. By Steve Rosen for The Kansas City Star Original article © The Kansas City Star