Taylor Farms, one of the largest growers and processors of leafy salad greens in the US, has invested in indoor-farming specialist Pure Green Farms.
The California-based company said the investment, of an undisclosed sum, will complement its existing 122,200 crop acre field grown programme and 16 salad-producing facilities across North America.
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Pure Green Farms, based in South Bend, Indiana, has a climate-controlled facility equipped with high-tech machinery that grows, packs and ships leafy greens year-round.
It operates on a site that can potentially expand up to 300 acres.
Bruce Taylor, founder and CEO of Taylor Farms, said: “We’re excited to venture into the industry of indoor growing with this investment, Our customer partners have asked for a national solution and this is our first step.”
Joe McGuire, CEO of Pure Green Farms, said: “We are thrilled to work alongside an industry-leading company like Taylor Farms. We know this is just the beginning of a fantastic relationship with Taylor Farms and we’re looking forward to continuing to address the increasing demand for local product offerings.”
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By GlobalDataJust Food has asked Taylor Farms for further details of the deal, including the size of the stake it has bought.
The burgeoning indoor-farming sector is attracting investment in North America.
Last month, AppHarvest, a US company cultivating a range of tomatoes using indoor-farming technology inputs, announced it had received US$91m in funding to support its latest farm project. The business is aiming to have a total of 12 fresh produce farms by 2025.
Just Food analysis: Indoor farming and the prospects for profitability
