Panda Biotech, a Dallas-based company, announced its first industrial hemp processing facility to produce high-quality, textile-grade fiber, and premium cellulose to be located in Lubbock County, Texas.
Panda Biotech has secured the rights to purchase a 255,000 square foot processing facility in Shallowater, Texas.
The Panda High Plains Hemp Gin is expected to be the largest hemp decortication center in the United States and one of the largest in the world.