Bioplastic, bioenergy center opens in Waterloo, Iowa

Biomass Magazine
December 2008
By Susanne Retka Schill
Web exclusive posted Dec. 5, 2008 at 9:41 a.m. CST

In February, the first tenant is expected to move into a new bioplastics business incubator in Waterloo, Iowa, and bioplastics developer MCG BioComposites LLC is looking for more interested businesses. MCG BioComposites has been contracted to provide marketing and industrial recruitment services for Cedar Valley TechWorks. Sponsored by the Waterloo Development Corp., TechWorks will be developed as a virtual and physical regional center for the development of bioproducts and bioenergy industries.

“The TechWorks concept has been in development for over five years in partnership with Deere & Co., which provided the land, buildings and various resources and has an interest in the project to explore additional opportunities in the commercialization of biomass into bioproducts, bioprocesses and bioenergy,” said Sam McCord, president and chief executive officer of MCG BioComposites. “This project will provide new jobs related to applying science through research and development, establishing of incubators for new businesses of the bioeconomy leading to commercialization and eventually new manufacturing operations of bioproducts.”

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