MDG Announces Expansion Efforts for 2017-2019
- July 21, 2016
Franklin, WI. – Microbial Discovery Group (MDG), a R&D driven Bacillus fermentation company, announces plans for expansion to accommodate continuing growth and future developmental plans. Answering increasing demand for their microbial-based products and solutions, MDG will execute short and long term expansion efforts in alignment with their business growth priorities which will provide capacity for increased sales, production, and employees.
A phased expansion approach will take place throughout 2017-2019 both within and beyond the existing 20,000 sq. ft. Franklin facility. The Franklin facility is currently gaining additional fermentation and drying capacity that is projected to be operational in August, 2018. The Franklin expansion alone will bring MDG’s revenue capacity to roughly $25M USD. With demand projections continuing to climb, MDG has set strategic plans to creating a future of $50M in revenue creation. MDG is moving its powder and liquid blending operations to a 40,000 sq. ft. building in Oak Creek, WI to create space for the new fermentation capacity and future expansion needs. In 2019, the Oak Creek facility will feature additional offices and laboratories to house an added 40 employees who will be hired over the next 3-5 years. All phases contribute to the companies’ ability and readiness to serve their customers.
MDG’s investment in this new facility reflects their commitment to anticipate the future and lead change. “Our current expansion is less of a function of hoping things go well in the future, but rather a response to the continued demand for our products and fermentation capabilities as consumers look for more environmentally friendly solutions as compared to harsh chemicals and antibiotics,” stated MDG’s CEO, Michael King, PhD, “With our vision to feed, clean, and save the world driving our daily work, it becomes less about growing revenue and more about growing the success for our partners and making an impact on solving the world’s largest problems.”
About Microbial Discovery Group
Microbial Discovery Group is a basic fermentation company with a special emphasis on Research and Development with Bacillus, including isolation, characterization, and fermentation. Founded in 2007 and headquartered in Franklin, Wisconsin, MDG develops high quality, innovative products for a multitude of industries. For more information about MDG’s products and services, please visit www.mdgbio.com.