Sublease of New Facility

10/08/2010 at 9:00 am Leave a comment

Naturally Advanced Technologies has signed a ten month sublease of a facility in Kingstree, SC.  The space has been attained for use as an initial scale-up flax fiber facility to conduct the decortication process of CRAiLAR® Organic Fibers.  The facility was originally established to conduct processing of flax fiber under a USDA initiative.

In addition, the property is housed near 300 acres of flax crops that will also be utilized to conduct the company’s flax fiber growing trials taking place beginning October, 2010.

“Having  a facility in the USA that we operate and manage for the dry process or decortication of our CRAiLAR Organic Fibers brings the entire patented CRAiLAR process together under NAT control, enabling us to manage our process entirely,” said Ken Barker, CEO, Naturally Advanced Technologies. “As well, the opportunity to conduct full scale flax trials furthers our vision of utilizing a variety of bast fibers as the foundation for CRAiLAR and its multiple principal uses.”

Kingstree, SC is a town of approximately 3500 people; the new facility is expected to create job opportunities for the people of Kingstree as well as create opportunities with local farmers in the surrounding areas.

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