Published: Tuesday, January 27, 2015 at 4:23 p.m. Last Modified: Tuesday, January 27, 2015 at 4:23 p.m. <\/p>\n
SARASOTA - US Nano LLC is moving from Indiana to Sarasota County to accommodate future growth, officials said Tuesday. <\/p>\n
The early stage nanotechnology company, coming from South Bend, Indiana, plans to triple its employees as part of the move to a 5,000-square-foot building at 1748 Independence Blvd. <\/p>\n
There, the company has spent about $400,000 to build a state-of-the-art nanotechnology lab. <\/p>\n
US Nano's move follows the company's selection for a $750,000 National Science Foundation grant and receipt of $1 million from investors. <\/p>\n
\"Sarasota is not only a beautiful location, but there is growing high-tech industry in the region,\" US Nano vice president Louise E. Sinks said. \"Being part of Florida's High Tech Corridor is extremely appealing to any high-tech start-up.\" <\/p>\n
US Nano develops flexible electronic devices printed on plastic. Its proprietary \"nanowires\" have the potential for many commercial applications because they can measure and manipulate light and heat. That ability can be critical to energy, health care, communications and defense firms, as well as consumer device makers. <\/p>\n
Sarasota County will provide US Nano with $3,000 for every local job it creates. Executives hope to add eight jobs in its first year and two in the second, according to the Economic Development Corp. of Sarasota County. <\/p>\n
Three US Nano professionals have moved to Sarasota County so far, and the company hired another two staffers this month. <\/p>\n
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Nanotechnology company gets incentives to move to Sarasota County<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Published: Tuesday, January 27, 2015 at 4:23 p.m. Last Modified: Tuesday, January 27, 2015 at 4:23 p.m. Continue reading