Biotechnology company MycoWorks to invest US$107M in new Union, South Carolina, manufacturing facility, creating 400 jobs; company specializes in mycelium-grown materials for use as sustainable, luxury-quality leather alternatives

Sample article from our Bioeconomy

January 17, 2022 (press release) –

MycoWorks, a biotechnology company that specializes in mycelium-grown materials for use as sustainable, luxury-quality leather alternatives, today announced plans to establish operations in Union County. The company’s $107 million investment will create 400 new jobs.

Established in 2013, MycoWorks’ patented Fine Mycelium™ process produces materials including Reishi – a globally recognized breakthrough in materials science – that mimics the performance of animal leathers and lowers environmental impacts. The material offers creative solutions and new design possibilities for fashion and luxury brands while offering relief to supply chain constraints.

Located at 260 Midway Drive in Union, MycoWorks’ new facility will increase the company’s capacity to meet the fashion and luxury industries’ growing demand for its materials, including its flagship product Reishi.

Operations are expected to be online in early 2023. Individuals interested in joining the MycoWorks team should email talent@mycoworks.com.

The Coordinating Council for Economic Development has approved job development credits related to this project.

QUOTES

"Deciding where to lay down roots was a big decision, but the partnership offered by state and local officials in combination with access to talent and amenities in the area made it easy. We look forward to growing a world class team and operation in Union County, South Carolina.” -MycoWorks Chief Operating Officer Doug Hardesty

“More and more innovative and sustainable companies are finding that South Carolina is an ideal location to establish operations, and we welcome MycoWorks to that growing roster of businesses. The $107 million investment and creation of 400 new jobs will make a significant impact in Union County and beyond.” -Gov. Henry McMaster

“We are at a time of great transformation among various industries, and companies like MycoWorks are paving the way in their arena. We welcome this groundbreaking business to South Carolina and look forward to watching them succeed for years to come.” -Secretary of Commerce Harry M. Lightsey III

“We are very excited to welcome MycoWorks to Union County. This project will greatly benefit the citizens of Union County through the jobs which will be created and the diversification of our industrial base within our community.” -Union County Supervisor Frank Hart

“We say the Upstate is where manufacturing and technology intersect, and MycoWorks is showing it by choosing to scale up in Union County. Their sustainable biotechnology products add high-tech opportunities to the region’s vibrant engineered materials ecosystem.” -Upstate SC Alliance President and CEO John Lummus

FIVE FAST FACTS

  • MycoWorks is establishing operations in Union County.
  • The $107 million investment will create 400 new jobs.
  • MycoWorks is a biotechnology company that specializes in developing mycelium materials for use as sustainable, luxury-quality leather alternatives.
  • Located at 260 Midway Drive in Union, S.C.
  • Individuals interested in joining the MycoWorks team should email talent@mycoworks.com.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order bioeconomy coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.