Nu-Tek BioSciences Plans Austin, Minnesota, Manufacturing Complex
03/04/2021
The project will be the first dedicated, animal-free peptone, and protein hydrolysate manufacturing facility in the U.S. This U.S. owned peptone manufacturing plant will help meet the rapidly growing demand for materials used to manufacture biologics.
Nu-Tek is currently supplying a critical component used in the manufacture of a COVID-19 vaccine. According to company officials, this investment into manufacturing comes at a time when pharmaceutical companies are seeking solutions to mitigate supply chain risk. With the current pressures of COVID-19 vaccine manufacturing, this capacity will solidify the Company’s commitment to building businesses and assets with long-term sustainability.
“At Nu-Tek, we believe this expansion in the pharmaceutical industry brings the promise of a vibrant manufacturing industry to the Midwest,” said Thomas Yezzi, CEO, Nu-Tek BioSciences. “When we embarked on this project, with our core business as manufacturers, we required a very special location. Austin’s rich manufacturing background combined with the health technology and innovation from Minnesota’s Medical Alley cluster, the Hormel Institute and other leading healthcare institutions and universities, made Austin the perfect choice to build a world class manufacturing facility.”
Nu-Tek BioSciences, a solutions-based manufacturer, has successfully developed a portfolio of products for use in the pharmaceutical and industrial fermentation industries. Peptones and protein hydrolysates are commonly used in microbiological media, fermentation nutrient systems, as well as cell and tissue culture media.
This Austin-based project has been conducted in consultation with local officials from the City of Austin, the Austin Port Authority, Austin Utilities, Mower County, Development Corporation of Austin (DCA) and the Community Venture Network. The new manufacturing facility will be built at Creekside Business Park with construction expected to begin in the Spring of 2021.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024