A Charlotte-based polymer company has leased a 3,000-square-foot lab at the Research Campus in Kannapolis, and the U.S. Department of Agriculture today will award the campus $1.1 million to launch a program for graduate students.

Development stalled at the Research Campus during the recession.

Mallard Creek Polymers already has moved into the N.C. State University building in Kannapolis, where the company will employ 10 people. The timing of Wednesday's announcement about the business coincides with campus founder David Murdock's visit this week.

"This bodes well for the rest of Cabarrus County and the Research Campus," said John Cox, president of the Cabarrus Economic Development Commission, which helped recruit Mallard Creek Polymers.

Source : http://localtechwire.com/business/local_tech_wire/news/blogpost/6453160/