Kansas Bioscience Authority awards $4.85M in grants

Wednesday, July 16, 2008
Wichita Business Journal - from the Kansas City Business Journal

The Kansas Bioscience Authority announced four grants totaling $4.85 million to help companies in the state.

MGP Ingredients Inc. (Nasdaq: MGPI) of Atchison will receive $500,000 to develop and further commercialize biobased, biodegradable resins to replace plastic. The resin can be used for products such as disposable cutlery, DVD cases and bottle caps. The project is expected to create 54 jobs, with $9.9 million in capital investment to build production capacity in Onaga, Kan.

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