# MycoWorks to open new manufacturing plant in Union, South Carolina

MycoWorks leased a 136,000 square foot facility in Union, South Carolina, with $10 million in NMTC financing from CEI Capital Management, to produce its Reishi and Hyphae mycelium-based textiles, creating 354 jobs.

- Type: New facility
- Announced: 2023-11-28
- Where: Union, South Carolina, United States
- Value: $10.0M
- Jobs: 354
- Status: announced
- Capacity: 136,000 square feet
- Products: Reishi mycelium-based leather alternative, Hyphae mycelium-based textile
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [MycoWorks](https://endata.com/companies/72844.md)
- [CEI Capital Management](https://endata.com/companies/74028.md) (investor)

## Sources

- [ceimaine.org](https://www.ceimaine.org/news-and-events/news/2023/11/cei-capital-management-llv-provides-10-million-of-new-markets-tax-credit-financing-for-mycoworks-new-manufacturing-plant/), 2023-11-28: "The new plant will create 354 new full-time jobs in the rural community."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.