Enginuity Worldwide has signed a lease agreement and will now be the new tenant for the 28,000 sq ft Mexico Plant Science Center where Soy Labs was formerly located.
The company plans to expand it’s own line of patent-pending innovations in the bio-based energy market for clean burning energy.
The Mexico Plant Science Center serves as a biotechnology hub for commercialization and economic competitiveness in collaboration with universities, industry & government.
The center looks to provide Missouri-based early stage companies and research organizations with a platform to accelerate and encourage aggressive growth.
Mayor of Mexico, Ron Loesch (lehsh) calls Engenuity Worldwide a perfect match for the MPSC.
The MPSC will serve as Enginuity’s headquarters, lab and will showcase its products. The business plan projects 20 jobs in the next five years.
Audrain County Presiding Commissioner Steve Hobbs says “Our vision has always been that the MPSC would act as an accelerator for agriculture and bio-based product development.” Hobbs adds that the hope is that the MPSC will fuel job creation and directly benefit citizens of Mexico and Audrain County.
Company President for Enginuity Worldwide says the Mexico Plant Science will meet their needs as they attempt to meet an accelerated timeline to get into production stating, “This facility is as if we designed it ourselves.”
Enginuity Worldwide is expected to also serve as a mentor for other bio-based start up companies and will work with investors and entrepreneurs to push work in several fields including pelletized energy and animal feed designs. Officials hope it will not fail like Soy Labs.