Austin, Minnesota — According to state and local economic development sources Nu-Tek BioSciences plans to invest $17,950,000.00 to build out 60,000 square feet of new space in Austin. The company plans to occupy the new space in Austin, on or about April 1, 2022. According to the company website Nu-Tek Products is a unique business incubator that creates and grows companies in the wellness foods, nutraceutical and biotech markets. Through our use of technology, market application and industry expertise, we work together in growing businesses. Nu-Tek Products uses venture capital and a wealth of resources to turn game changing ideas and concepts into credible, highly successful products. We actively seek to connect with entrepreneurs who have great ideas for products and services for use in the food and biotech industries. By choosing the right projects today, and providing sufficient resources, Nu-Tek Products aims to cultivate and grow these ventures into thriving and sustainable enterprises with multiple exit strategies. Nu-Tek Products has successfully utilized partnerships and/or acquisition to gather trade secret and patented technology. These technologies have been further developed to produce a variety of unique products. Once developed, the products have been successfully introduced and proven to be sustainable in the commercial marketplace.

To learn more about Nu-Tek BioSciences, visit https://nu-tekbiosciences.com/

Company Contact:
Thomas Yezzi, Chief Executive Officer
tyezzi@nu-tekproducts.com
https://www.linkedin.com/in/thomas-yezzi-58889314/
952-936-3601

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