Vermont biotechnology plant takes big step forward - WCAX.COM Local Vermont News, Weather and Sports-

Vermont biotechnology plant takes big step forward

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NEWPORT, Vt. (AP) - Plans to build a biotechnology facility in northern Vermont that could employ up to 500 people have taken a big step forward with the approval of the project by the Newport city development review board.

Developer Bill Stenger says the next step on what is to become the AnC Bio Vermont plant will be to get approval from Vermont's land-use permit process known as Act 250.

Stenger tells the Caledonian Record he expects work will begin this summer on the plant that will manufacture medical devices.

The application calls for a four-story nearly 85,000-square-foot manufacturing facility, which is scheduled for completion by late 2015.

The AnC Bio plant is a key part of an economic development plan for northeastern Vermont led by Stenger and his partner.

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