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Fragrance Company Gets $1M To Expand In South Boston

Mar 19, 2015 | Reprints | Unlock Link | Print

MassDevelopment has issued a $1-million loan from its emerging technology fund to help Ginkgo Bioworks expand and buy equipment at its headquarters in South Boston.

The company currently leases 11,565 square feet of space and will expand to another 6,785 square feet of space at 27 Drydock Ave. Ginkgo Bioworks expects to create 21 jobs as a result of this transaction, MassDevelopment said.

Privately-held Ginkgo Bioworks engineers organisms via fermentation for the flavor and fragrance markets.

“Through the support from MassDevelopment, this new facility will allow us to significantly expand capacity to design and manufacture organisms to spec for customers seeking access to cultured ingredients,” Co-Founder Reshma Shetty said in a statement.

Commercial & Industrial