Hempitecture Expands Magic Valley, Idaho, Operations
06/02/2021
The facility is expected to be operational by May of 2022, bringing high-skilled jobs to the region and future investment to Southern Idaho.
"We're thrilled to be locating our first manufacturing facility in Southern Idaho, an agriculturally focused region," said Hempitecture Founder & CEO, Matthew Mead. "The Magic Valley, strategically situated along the I-84 corridor, allows us to easily reach our target markets across the Rocky Mountains, the Pacific Northwest and West Coast. We're thankful for the support of the community in making this project possible and we look forward to being an asset to the region for many years to come."
According to company officials, the proposed facility will manufacture HempWool, a sustainable, high-performing fiber insulation for residential and commercial construction projects. The plant-based insulation product captures CO2, helping build healthier and more sustainable homes. Hempitecture, holding the US patent for HempWool insulation, will be utilizing proprietary textile technology to manufacture HempWool insulation.
"Hempitecture's expansion brings high paying jobs, opportunity and innovation to the Magic Valley," said Tom Kealey, Director of Idaho Department of Commerce. "This isn't just a win for Southern Idaho, but also for the state. This project is a testament to the innovation we strive for in Idaho."
As recipients of the Idaho Global Entrepreneurial Mission grants, the University of Idaho and Hempitecture partnership was awarded a $206,624 grant to further research hemp building materials.
"We are so excited to welcome Hempitecture to the Magic Valley," said Southern Idaho Economic Development Executive Director Connie Stopher, CEcD. "The combination of sustainability, agricultural technology and innovation makes this a wonderful addition to Southern Idaho."
In addition to the announcement of the Magic Valley manufacturing facility, Hempitecture just announced an equity fundraising campaign designed to support the build out of this facility.
Project Announcements
Oldcastle APG Establishes Suffolk, Virginia, Manufacturing Complex
08/12/2022
Milwaukee Tool Opens West Bend, Wisconsin, Manufacturing Plant
08/12/2022
LP Building Solutions Expands Sagola Township, Michigan, Operations Complex
08/12/2022
WebstaurantStore Establishes Ellabell, Georgia, Distribution Hub
08/11/2022
Skilcraft Expands Boone County, Kentucky, Operations
08/11/2022
Producer Owned Beef Plans Amarillo, Texas, Processing Plant
08/11/2022
Most Read
-
In Focus: “Golden Age” of Spec Development
Q3 2022
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
Explosive Growth of Life Sciences Sector Comes with Challenges
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Using Robust Project Controls to Enhance Project Management
Q3 2022