Coming online in the second quarter of 2022, AeroFarms’ next-generation Model 5 farm will be the largest and most technologically advanced aeroponic indoor vertical farm in the world.
Today, 80 Acres Farms has four locations in Greater Cincinnati. Its latest will support the new Kroger partnership, bringing 10 million fresh produce servings to communities across the Midwest.
In conjunction with the transaction, Equilibrium Chairman and CEO and AppHarvest Board Member Dave Chen will exit the AppHarvest board. Chen had been serving on the nominating and governance committee.
AeroFarms announced that Dane Almassy has joined as VP of Sales to help drive further retail expansion to meet increasing consumer demand for AeroFarms’ safely grown, nutritious and delicious produce.