HAMILTON, MT - This past summer, Local Bounti revealed the opening of its newest CEA facility in Byron, Georgia, and now, the grower has teamed up with Sam's Club to put its expanded capabilities to good use. The pair announced an offtake agreement for leafy greens production starting at the advanced facility in an effort to deliver fresh produce to new regions.
"This exciting commercial development represents a powerful endorsement of our dedicated team that works tirelessly to deliver the highest quality locally grown produce to our customers," stated Brian Cook, President of Local Bounti. "We will continue to pursue sound capital allocation with a keen eye on capital efficiency as we further expand our operations. Today's announcement demonstrates the advantages of our existing national relationships and how that knowledge informs the advancement of our facility network."
At its Georgia-based facility, Local Bounti will implement its Stack & Flow Technology™, enhancing its capacity and enabling the grower to meet existing demand. As explained in a release, the proprietary indoor farming method combines aspects of vertical farming and greenhouse growing technologies to deliver higher yields of diverse leafy greens.
Through this growing process, the supplier can grow produce in an environmentally friendly way that also increases harvest efficiency while reducing the cost and carbon footprint of the production and distribution process. Overall, the technology is 30 times more productive per acre than traditional agriculture.
With this new partnership under its belt, how will Local Bounti further expand its commercial distribution footprint? Stay tuned to AndNowUKnow for answers.
