Local Bounti opens high-tech controlled environment agriculture facility in Georgia
Local Bounti Corp. has begun farming operations at its new innovative controlled environment agriculture (CEA) facility in Byron, 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,” said 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 3 to 5 times longer in your fridge 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 they operate across 35 U.S. states and Canadian provinces.
The U.S. indoor agriculture company, which combines vertical and greenhouse growing technologies, plans to install its 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.
The company has started the expansion of the 3-acre facility, which will double the facility capacity to 6-acres and has the opportunity to expand to 24 acres to execute growth initiatives and broaden its product offering. Local Bounti will initially use the 3-acre facility to grow and sell its greenhouse fresh line of packaged salad greens, which include spring mix, butter lettuce, romaine crisp, green leaf and other blends.