# Liberation Labs picks Richmond, Indiana, for a $115M precision-fermentation plant

Canonical page: https://technooptimist.io/stories/liberation-labs-picks-richmond-indiana-for-a-115m-precision-2ae6fb1d
Date: 24 Jan 2023
About: [Liberation Bioindustries](https://technooptimist.io/companies/liberation-bioindustries.md) · [Richmond Precision Fermentation Plant](https://technooptimist.io/agriculture/richmond-plant.md)
Original source: https://www.insideindianabusiness.com/articles/richmond-tapped-for-115m-biomanufacturing-plant

Liberation Labs announced a $115 million commercial-scale plant with 600,000 litres of fermentation capacity on a 36-acre lot in Richmond's Midwest Industrial Park. It expected to create 45 jobs and reach full commercial production by the end of 2024.

## Key facts

- A $20M seed round closed in December 2022 to fund the plant
- Indiana offered up to $830,000 in conditional tax credits and training grants

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