Too long to read? Go for the highlights below. MycoWorks is shutting its South Carolina biomanufacturing plant and transitioning from mycelium cultivation to processing third-party mycelium with its proprietary Rei-Tan™ tanning technology The company's latest Rei-Tan™ innovation increases mycelium tensile strength from approximately 4 MPa to 18 MPa addressing mechanical performance limitations that hindered leather substitution The strategic shift responds to capital scarcity