WATSONVILLE, CA – Monterey Mushrooms BB #:116075, an industry leader with over 50 years in business, alongside other produce companies, have faced significant challenges in recent years – a global pandemic, weather impacts, inflation, and changes in market behavior.
As a result, the company has conducted an exhaustive analysis of its business model and made the difficult, but necessary, decision to reposition itself by closing two mushroom growing locations – Princeton, Illinois, and Orlando, Florida.
We have operated these two facilities for decades and the decision to close was made after long and careful review.
The closure of the two locations is expected to be completed by the end of January 2024, with production being shifted to other farms within the company’s network. The company is committed to investing in its other 7 mushroom growing locations. A detailed plan is in place to ensure a smooth transition for the company’s teammates and customers.
About Monterey Mushrooms
Founded in 1971, Monterey Mushrooms is a leading vertically- integrated researcher, developer, grower, and marketer of premium mushrooms, mushroom genetics, and mushroom ingredients. Monterey operates across four primary segments: Fresh, Biotechnology, Nutraceutical, and Logistics. For more information about the company, please visit www.montereymushrooms.com
Media Contact:
Bruce Knobeloch
Vice President, Marketing & Product Development
Monterey Mushrooms, LLC
Office 831.763.5341
bknobeloch@montmush.com
