Kraig Biocraft Laboratories Expands Facilities to Support Spider Silk Production Growth
ANN ARBOR, Mich., July 01, 2024 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“the Company” or “Kraig Labs”), announces today that it has achieved full capacity at its current production location. Hitting this milestone was part of Kraig Labs’ expansion plans for the first half of 2024. The Company now reports that it is moving forward with its planned investment into additional production facilities.
Related news for (KBLB)
- Spider Silk, Silicon, and Surprises: Market Threads Weaving a Volatile Morning
- Wearables, Super Fibers & Wellness: Consumer Health Web Powers Midday Momentum
- Ken Le, Not Stan Lee, to Lead Prodigy Silk’s Super Fiber Deliveries to Global Brands for Kraig Labs
- Midday Market Wrap: Spider Silk Strength, Robotics Surge & Autonomous Acceleration Fuel the Afternoon Trade
- Spinning Closer to Spider Silk Breakthrough and More