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Wells Fargo donates $13 million to six Bay Area nonprofits helping small businesses survive the pandemic

Wells Fargo donates $13 million to six Bay Area nonprofits helping small businesses survive the pandemic
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Nu-Tek expected to break ground in Austin

KAAL-TV Created: March 10, 2021 07:50 AM (ABC 6 NEWS) - Nu-Tek BioSciences is breaking ground on its brand new facility in Austin sometime late this spring.    Nu-Tek works in the pharmaceutical industry and has been looking for a non-metro community to build this new facility. Those at Nu-Tek were impressed with the Hormel Institue and Austin as a whole and the company has continued to work toward bringing this facility to Austin for the past two years. The new facility is expected to bring 35 full-time jobs to the city. I see Austin as food and ag, but increasingly bioscience, so for what Nu-Tek does, it is almost the ideal fit because of their future in bioscience and the way that they complement the other things happening in Austin, said the President of the Development Corporation of Austin & Austin Community Growth Ventures, John Garry. 

Pharmaceutical Ingredients Manufacturer Nu-Tek BioSciences Announces Plans To Build New Facility In Minnesota

Pharmaceutical Ingredients Manufacturer Nu-Tek BioSciences Announces Plans To Build New Facility In Minnesota Nu-Tek BioSciences, an innovative manufacturer of industrial ingredients used in the development and manufacturing of pharmaceuticals, will build a new manufacturing facility in Austin, Minnesota. The project will be the first dedicated, animal-free peptone, and protein hydrolysate manufacturing facility in the U.S. This U.S. owned peptone manufacturing plant will help meet the rapidly growing demand for materials used to manufacture biologics. Nu-Tek is currently supplying a critical component used in the manufacture of a COVID-19 vaccine. According to company officials, this investment into manufacturing comes at a time when pharmaceutical companies are seeking solutions to mitigate supply chain risk. With the current pressures of COVID-19 vaccine manufacturing, this capacity will solidify the Company’s commitment to building businesses and assets with long-term sustai

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