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AppHarvest Completes Deal With Mastronardi Berea LLC For $127M Sale-Leaseback Of Berea. Ky., Farm And Opens Richmond, Ky., 60-Acre High-Tech Indoor Farm Achieving Goal To Quadruple Number Of Operating Farms In 2022

AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the...
United States Jonathan Webb Appharvest Morehead Anthos Fund Asset Management Mastronardi Berea Appharvest Inc

AppHarvest names CEA industry veteran as its chief operating officer

AppHarvest Inc. named AppHarvest Board Member Tony Martin as its chief operating officer, effective immediately. He will retain his board seat, and as COO he will lead efforts to optimize production and revenue across the AppHarvest four-farm network that now includes 165 acres under glass.
United States Jonathan Webb Tony Martin Fruit Vegetable Dispute Resolution Corporation Appharvest Inc Appharvest Board Member Tony Martin

Mastronardi purchases indoor leafy greens farm for $127M

AppHarvest has entered an agreement with Mastronardi Berea LLC, a joint venture between Mastronardi Produce and COFRA Holding, for the sale-leaseback of its Berea, KY, high-tech indoor farm for leafy greens for approximately $127 million with an initial lease rate of 7.5 percent over 10 years, with four renewal terms of five years each.
United States Jonathan Webb Appharvest Morehead Mastronardi Berea Mastronardi Produce Appharvest Founder

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