Local Bounti debuts new production facility in Georgia

"We are cementing our presence in the East Coast market with our new Georgia facility, providing Local Bounti with a bi-coastal presence that is able to service the growing demand for our products," says Craig Hurlbert, Co-CEO of Local Bounti. "Local Bounti is quickly becoming one of the largest CEA companies in America. We have seen strong demand for our superior produce varieties that are grown sustainability with sunlight, use 90% less water and land, and last three to five times longer than traditionally grown leafy greens."

The addition of the new facility in central Georgia fortifies Local Bounti's distribution with the ability to directly service 19 retail distribution centers within an approximate 400-mile radius of the facility. The East Coast presence enhances service to the company's customers and the approximately 10,000 retail locations that it operates across 35 U.S. states and Canadian provinces. Further, the facility will provide additional capacity to meet existing demand from the company's direct relationships with blue-chip retail customers, including Albertsons, Kroger, Target, and Walmart, as well as Whole Foods and AmazonFresh.

Local Bounti plans to install its innovative Stack & Flow Technology at all of its facilities, and is in the process of initial planning to install Stack & Flow at its Georgia facility, which was acquired in the previously announced transaction with Pete's, to further expand revenue generating capacity. Stack & Flow Technology combines the best aspects of vertical farming and greenhouse growing technologies to deliver higher yields of diverse leafy greens with superior unit economics.

Continue reading.

Photo created by DCStudio - www.freepik.com

Source: Greenhouse Grower