AquaBounty Pauses Construction At Ohio Farm
AquaBounty Technologies has hit pause on construction at their new facility in Pioneer, Ohio.
CEO Sylvia Wulf gave an update on the construction early last month when the company released their financial results for Q1. At the time Wulf said that construction was continuing to progress and that the “timing for the closing of our bond financing is still expected to be mid-year.” Now, in the latest update released on Friday, Wulf said that a “substantial increase in its estimated cost of completion” has forced them to pause construction...
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