We're on a mission to help companies of all sizes identify the best locations, secure incentives, obtain development approvals and optimize energy strategies through Location Economics®.
MycoWorks hired BLS & Co. to evaluate locations for its first commercial-scale plant.
BLS was pleased to work with MycoWorks, a producer of a biomaterial made from mycelium, on the site selection for their first commercial-scale plant. The finished product is used to make consumer products such as luxury bags, luggage, shoes and other apparel from a sustainable and renewable “leather substitute” material. After a national search for suitable locations to meet operating requirements and other siting criteria, a location was selected and announced in March 2022 in Union, South Carolina. BLS also assisted MycoWorks in the negotiation of a competitive incentives package from both Union County and the South Carolina Department of Commerce.
An existing 100k SF spec building was fitted out to the company’s operational needs, and a 30,000 SF office was added on to the building to house corporate operational functions as well as plant management. The estimated total investment is $100 million. MycoWorks officially began production in the new facility in October 2023 with plans to hire 130 employees.
As sustainability in the manufacturing process was important to the company, BLS also provided negotiation support for renewable energy purchases for the South Carolina facility, as well as Renewable Energy Credits (RECS) for another facility the client operates in California.
BLS & Co. utilizes an assortment of services – a process we call Location Economics® – to advise clients on location decisions. Discover our variety of offerings to help you navigate the complex decision making processes that occur when searching for a new location for your organization.
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