KY Hemp Processor Sunstrand Expands to Larger Facility
May 24, 2017
Hemp processing firm Sunstrand recently moved its headquarters in Kentucky to a larger facility in an effort to scale up production as demand for the firm’s industrial products rises, the company announced in a March 31 press release.
Sunstrand moved from a 6000-sq-ft plant in Fern Creek, KY to a 25,000-sq-ft facility in Louisville’s Irish Hill neighborhood. The company produces hemp and other feedstocks into fibers and fillers with a range of applications.
“This larger space allows us more functionality and more efficiency,” said Trey Riddle, the firm’s chief executive officer and president of the Kentucky Hemp Industries Association, in a statement. “We’ll be able to offer a greater diversity of products.”
Riddle said Sunstrand was able to fund its move into the new plant through grants, equity sales, and sales revenues.
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