LOUISVILLE, KY – Sunstrand has moved its Kentucky headquarters to a much larger space to accommodate its growing product demand.
Sunstrand opened operations in 2014 in a 6,000-square-foot plant in the town of Fern Creek, 20 miles south of Louisville, shortly after Kentucky moved to legalize industrial hemp that year.
Riddle, who also serves as president of the Kentucky Hemp Industries Association, kicked off 2017 by moving his operations to 1401 Locust Street in Louisville’s Irish Hill neighborhood. The 25,000-square-foot facility allows the company to leverage additional infrastructure.
Sunstrand converts hemp and similar agricultural feedstocks into fibers and fillers that are compatible with plastics and other applications. The company now employs 13 people.
“This larger space allows us more functionality and more efficiency,” Riddle said. “We’ll be able to offer a greater diversity of products.”
The space first opened in the 1990s and was most recently home to SunOpta ingredients, a food-additives provider.
Riddle said grant revenues, equity sales and sales revenues made the expansion possible.
Riddle is planning an open house later this quarter at which clients, vendors, partners, investors and media can tour the building. Also at that event, he expects to share plans about yet another expansion of operations.