Life Sciences company Bionova Scientific started work on its new facility at 2635 Technology Forest Blvd, in The Woodlands. Bionova will focus on manufacturing plasmid DNA.
The 70,000-square-foot facility at 2625 Research Forest Drive will include offices, laboratories, clean rooms and shell spaces for future build-outs and is expected to cost $100 million to build. The Houston Business Journal reported that $56.1 million will be allotted for construction and another $45.8 million for fixtures. A tax abatement program for the project was approved by Montgomery County Commissioners in May 2024. From 2026 to 2029, 100% of Bionova’s county property taxes will be abated. After that, those taxes will be abated by 80% in 2030, 60% in 2031 and 40% in 2032.
The new plant will have a headcount of 200 workers in the Houston area.
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