WORTHINGTON —A groundbreaking ceremony was celebrated Tuesday afternoon to mark the start of work on a new facility for Bioverse.
Contractors from Johnson Builders will soon begin construction of the new 12,000-square-foot warehouse along with 3,800 square feet of office space. The building will be located just around the corner from the Biotechnology Advancement Center — where Bioverse is stationed today — at 2220 Research Lane.
Glenn Thuringer, president and CEO of Bioverse, said the expansion will cost approximately $2 million. He hopes to move into the new facility in November and said he’s happy to see the business grow.
“This will allow us to work with our customers more by answering their needs,” Thuringer said. “That is what Bioverse is really based on — being able to address that need.”
Current construction plans leave room for an additional 15,000-square-foot expansion in the future, but Thuringer said he won’t need to think about that for a few years.
The business has seen growth in its sales in the last couple of years.
From 2013 to 2014, Bioverse experienced a 14 percent growth in sales. Going into 2015, the company has had a 17 percent boost.
“We’ve seen double-digit growth in the last couple years, and we expect that to continue to grow,” Thuringer said.
With a full-time staff of 12, Bioverse has the innovation and capabilities of being a global business — and that’s exactly what it is. Currently, Bioverse sells its products in the U.S., Canada and Australia. Thuringer said he is in the process of getting permits to sell in Mexico as well.
Bioverse sells 75 different products, spanning from goods for cleaning excess nutrients from freshwater ponds to agricultural products used to keep swine barns clean.
One of the most notable Bioverse products is the AquaSpherePro. This contraption has a corn-based biodegradable time-release shell that engulfs a water-soluble bag that contains beneficial bacteria. The bacteria then eat away all the unwanted nutrients, leaving the water clean and clear.
“Treating water with beneficial bacteria isn’t anything new,” Thuringer explained. “What is new is our patented time-release shell that allows our bacteria to work for a month, whereas other bacterias will only last about seven days. This way, you don’t have to treat the pond every week.”
Thuringer said research is always under way, and he is excited to see what Bioverse will produce in the future.
“Bioverse is going to be a good long-term company for Worthington,” Thuringer said. “It fits in well with the other innovative businesses here in town.”